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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

07/20/21

MGM-Orix to invest US$9.1bn in Osaka IR

MGM-Orix, the only contender in Osaka’s IR tender, intends to invest nearly US$9.1bn in the development of the integrated resort.

07/20/21

IEC announces agreement with PAGCOR to develop New Coast Hotel

International Entertainment Corp has announced it has signed a cooperation agreement with PAGCOR for the development of its New Coast Hotel property in Manila.

07/17/21

Tabcorp’s spin-off to benefit lotteries and Keno businesses

JP Morgan has reported that Tabcorp’s lotteries and Keno businesses may have increased in value by between AU$9.4bn and AU$12.4bn while the value of the wagering and media division may have shrunk.

07/17/21

More IPI assets to be sold to settle debts

Chief Judge Ramona V. Manglona has approved a new auction of IPI assets to settle debts of over $5m from two lawsuits.

07/16/21

Paradise City confirms reopening of non-gaming facilities from July 16

Paradise City in Incheon, South Korea, has confirmed it will reopen its non-gaming facilities from July 16 as planned.

07/16/21

Genting Hong Kong will resume operations on July 30

Genting Hong Kong will ensure officers and crew are vaccinated before resuming sailings in Hong Kong from July 30.

07/14/21

Genting casino cruise returns to Singapore due to Covid-19 case

Genting Hong Kong has reported that the World Dream cruise liner had to return to Singapore after a passenger tested positive for Covid-19.

07/14/21

SkyCity gets permission to put back NZICC completion date

SkyCity has been granted permission to extend the long stop date for completion of the New Zealand International Convention Centre (NZICC) project from 2 January 2025 to 15 December 2027.

07/13/21

Indian gaming to double revenues by 2025

PwC predicts video games and esports revenue will reach INR 24,212 crore in 2025.

07/13/21

Australasian Gaming Expo will take place in 2022

07/13/21

IPI vehicles and gaming machines to be sold to pay USA Fanter

Imperial Pacific vehicles and casino gaming machines will be seized and sold in order to comply with a $2.1m judgement by USA Fanter Corp.

07/13/21

Hong Kong to give up on travel bubble plans with Singapore

Lawmakers in Hong Kong argue that the city must focus on keeping local Covid-19 cases under control to facilitate travel to mainland China rather than continue looking to establish a travel bubble with Singapore.

07/09/21

Paradise City non-gaming facilities reopening may be delayed

Paradise City in Incheon, South Korea, was planning to reopen its non-gaming facilities from July but an outbreak in Covid-19 cases could delay its plans again.

07/09/21

Wakayama: Clairvest presents IR plans

Clairvest Neem Ventures’ consortium has presented its IR plans to Wakayama Prefectural Government.

07/08/21

Melco to launch share purchase and award programme for employees

Melco Resorts & Entertainment has announced it will launch a share purchase plan for eligible employees who agreed to participate in the company’s voluntary leave programme.

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Highlighted Interview

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.