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Japan: horseracing off-track betting facilities suspended

Amid a fourth wave of the Covid-19 pandemic, Japanese authorities have suspended horseracing off-track betting facilities and the presence of spectators at races in four prefectures.

04/27/21

Okada Manilla gets permission to take online bets

Tiger Resort Leisure and Entertainment has announced that Okada Manila Resort will be the first casino in Entertainment City to launch an online product.

04/27/21

Australia: record spend on Tasmanian poker machines

Player losses on Tasmanian poker machines have have reached almost AU$70,000 per day.

04/27/21

Macau daily GGR could reach US$50m during Labour Day break

Macau’s daily gross gaming revenue (GGR) during the third week of April was MOP292m, up 9 per cent from March.

04/23/21

Melco revenue to reach 50% of 2019 levels in 2021, analysts say

According to Moody’s, Melco Resorts could reach 100 per cent of pre-pandemic levels by the year 2023 with a better level of profit on its returning business.

04/23/21

Macau visitor arrivals up 255.4% in March

Macau registered 754,541 visitor arrivals in March, up 76.7 per cent from the previous month.

04/22/21

Report suggests Macau consider online gambling to recover from Covid-19

Analysts say the recovery of Macau’s tourism sector may take longer than expected and that the city should consider turning to technology and online gambling to maintain revenue.

04/22/21

Japan: the number of pachinko parlours continues to fall

Japan saw more than 100 pachinko parlours close in March as the industry continues to suffer the impact of the Covid-19 pandemic.

04/21/21

NagaCorp reports revenue of US$$878.7m for 2020

NagaCorp delivered stable financial results for 2020 despite the temporary closure of its casino operations in Cambodia due to the Covid-19 pandemic.

04/21/21

Macau occupancy rate could reach 80% during Labour Day break

Macau hopes the Labour Day break will see an improvement for the tourism and gaming sectors.

04/20/21

Japan to host online forum on IR projects

The Japan IR Forum will host discussions about integrated resort developments and how they could help the country’s post-pandemic recovery.

04/20/21

Macau tourism continues to rise, GGR up slightly

Macau recorded its highest daily volume of visitors since the start of the Covid-19 pandemic on Friday April 16 with 34,252 arrivals.

04/20/21

Okada Manila GGR down 41% in Q1

Okada Manila has reported weak performance marked by the Covid-19 pandemic and resulting government countermeasures.

04/19/21

Oaktree makes US$2.32bn offer for James Packer’s Crown shares

Crown Resorts has received an AU$3bn (US$2.32bn) offer from Oaktree Capital Management to acquire the 37 per cent stake owned by James Packer.

04/17/21

Macau expects revenue boost during Golden Week holiday

Chinese bookings for Macau during the Golden Week holiday are increasing. Macau hopes to recover after a weak Chinese New Year.

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Check the latest Business news

Japan: horseracing off-track betting facilities suspended

Okada Manilla gets permission to take online bets

Australia: record spend on Tasmanian poker machines

Macau daily GGR could reach US$50m during Labour Day break

Melco revenue to reach 50% of 2019 levels in 2021, analysts say

Macau visitor arrivals up 255.4% in March

Report suggests Macau consider online gambling to recover from Covid-19

Japan: the number of pachinko parlours continues to fall

NagaCorp reports revenue of US$$878.7m for 2020

Macau occupancy rate could reach 80% during Labour Day break

Japan to host online forum on IR projects

Macau tourism continues to rise, GGR up slightly

Okada Manila GGR down 41% in Q1

Oaktree makes US$2.32bn offer for James Packer’s Crown shares

Macau expects revenue boost during Golden Week holiday

Business

Cambodia’s Preah Sihanouk launches five-year tourism plan

Australasia

ACMA fines Dabble AU$1m over BetStop self-exclusion breaches

East Asia

Wynn Macau cuts conversion price on US$600m bonds

Elsewhere

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