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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

08/09/21

Tabcorp could launch a lottery for vaccinated people

Australia’s Prime Minister has approached Tabcorp to seek advice on a lottery to encourage people to get vaccinated.

08/06/21

Macau summer expectations hit by recent Covid-19 outbreak

Expectations for the summer holiday period in July and August have been diminished due to the outbreak.

08/05/21

Malaysia: gaming earnings could pick up by year-end

Analysts predict Malaysian gaming earnings will start to recover by the end of the current year.

08/05/21

Grand Korea Leisure posts sales of US$6.62m in July

Grand Korea Leisure (GKL) has reported KRW7.57bn (US$6.62m) in casino sales for July, down 48.5 per cent when compared to the previous month.

08/03/21

Crown Melbourne’s chief executive resigns

After heavy criticism during Victoria’s Royal Commission into Crown Resorts, Xavier Walsh has stepped down as CEO of Crown Melbourne.

08/02/21

SJM expects Grand Lisboa Palace to break even in 12 months

Daisy Ho Chiu Fung, SJM Holdings’ chairman, has said the company expects Grand Lisboa Palace could reach break-even in a year’s time

08/02/21

Crown likely to make further board changes

Analysts believe Crown Resorts will offer to make further changes to its board and management in an attempt to satisfy Victoria’s Royal Commission.

08/02/21

Rise in Covid-19 cases in China could affect Macau’s August GGR

Sanford C. Bernstein Ltd has predicted that Macau’s GGR for August could be down 60 per cent compared to August 2019.

07/30/21

Former Crown chair gave info to Packer, inquiry hears

Western Australia’s Royal Commission has heard that John Poynton, a former Crown chairman, agreed to provide confidential information to James Packer.

07/30/21

Macau occupancy rate up 23.2% in H1

The Macau Statistics and Census Bureau has reported that the average occupancy rate at Macau hotels was up 23.2 per cent in the first half of the year when compared to the prior-year period.

07/28/21

Macau: Studio City to list US$1.1bn in bonds

Studio City has announced it will list US$1.1bn in 5 per cent bonds due in 2029 on the Chongwa (Macao) Financial Asset Exchange.

07/27/21

500.com to dispose of its lottery business

500.com, now known as BIT Mining, has announced its decision to dispose of its Chinese lottery business for nil consideration.

07/24/21

New Zealand: concerns casinos will become “pokies dens”

Dunedin’s Grand Casino operator wants to remove a mandatory requirement to have at least one gaming table open and increase the number of slots instead.

07/24/21

Casino operators show interest in Saipan licence

Andrew Yeom, the CCC’s executive director, has revealed interest from potential bidders if IPI’s licence is permanently revoked.

07/23/21

Star Entertainment withdraws offer for Crown Resorts

Due to uncertainty surrounding the future of Crown Resorts’ casino licence in Melbourne, Star Entertainment Group has withdrawn its offer for the operator.

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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.