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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

05/13/21

PAGCOR remits Php1.6bn to Philippines National Treasury

The regulator has remitted Php1.6bn cash dividends despite a weak performance due to the impact of the Covid-19 pandemic.

05/13/21

Crown Resorts to implement cashless gambling

Crown Resorts has agreed to introduce cashless gaming at its casinos to help tackle money laundering.

05/13/21

Success Universe invests in Bitcoin

The casino operator seeks to diversify the group’s investment portfolio with an acquisition of 23.4 units of Bitcoin.

05/13/21

Sands China occupancy reaches 90% over Labour Day break

Sands China’s president, Wilfred Wong, has revealed that the occupancy rate and tourist spending was up during the Labour Day break.

05/13/21

Another contender could enter the bidding for Crown Resorts

CC Land Holdings, a Hong Kong real-estate development, is reported to be interested in bidding for Crown Resorts.

05/12/21

Macau: Studio City to issue additional senior notes

Studio City will issue additional senior notes to boost liquidity and raise cash for capital needs over the next 12 months.

05/12/21

Public inquiry to determine Crown and Star merger suitability

The Australian Competition and Consumer Commission (ACCC) will conduct a public review to analyse whether Crown Resorts and Star are allowed to merge.

05/12/21

Crown Resorts announces Steve McCann as new CEO

Steve McCann will assume his new role as CEO of Crown Resorts on June 1.

05/11/21

Australian gambling companies against block on credit cards

Responsible Wagering Australia claimed there was no evidence of a relationship between using credit cards for online betting and gambling problems.

05/10/21

Macau GGR hits US$563m for first nine days of May

According to analysts, Macau’s casinos’ gross gaming revenue for the first nine days of May was up 79 per cent month-on-month.

05/10/21

Okura Holdings permanently closes two pachinko venues

Okura Holdings will close two pachinko venues from May 10 due to poor financial performance since the outbreak of the Covid-19 pandemic.

05/10/21

Crown receives acquisition offer from The Star Entertainment

Crown Resorts has received an AU$12bn (US$9.4bn) offer from Australian casino operator The Star Entertainment.

05/08/21

Genting Singapore revenue down 32% in Q1

Genting Singapore has reported that revenue dropped 32 per cent year-on-year to SGD277.9m.

05/08/21

Macau occupancy hits 83.2% during Labour Day break

Macau hotels and guest houses registered an occupancy rate of 83.2 per cent, which represents a 34.9 percentage point improvement from the 48.3 per cent occupancy rate during the Chinese New Year holiday.

05/08/21

Apollo makes US$3.10bn offer for Tabcorp

Apollo Global Management has put two new offers on the table for Tabcorp, one equaling the offer made by Entain last week and one offering US$3.10bn for including its gaming services business.

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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.