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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

03/30/21

Macau Legend revenue down 70% in 2020

Macau Legend Development has reported a loss of US$252m in 2020 due to a decrease in the number of visitors to Macau and Laos.

03/30/21

Macau sees highest visitor numbers since start of Covid-19 pandemic

According to the Macao Government Tourism Office, total arrivals were 32,647 on Friday March 26, a year-on-year increase of 1,309 per cent.

03/30/21

SJM confirms Grand Lisboa Palace will open in first half of 2021

SJM Holdings’ co-chair and executive director has confirmed that Grand Lisboa Palace is close to launch.

03/27/21

South Korean casinos allowed to postpone sales taxes payment

The government has announced it will postpone the deadline for South Korean casinos to pay their sales taxes.

03/27/21

NagaCorp to continue with plans for Angkor Wat

NagaCorp’s chairman Tim McNally told media that the company will develop fresh plans for Angkor Wat after the Cambodian government rejected its initial proposal.

03/25/21

Cambodia government cancels NagaCorp Angkor Wat resort

The Ministry of Culture and Fine Arts has decided that NagaCorp’s resort at Angkor Wat should not go forward.

03/25/21

Blackstone bid could help Crown keep Sydney casino licence

Fitch Ratings said the Blackstone Group’s offer to buy Crown Resorts could allow it to keep its licence to run its new casino in Sydney’s Barangaroo district.

03/25/21

Macau: visitors down 23% in February

Macau received 427,122 visitors in February, the month of the Chinese New Year holiday, a drop of 23.3 per cent compared with January.

03/24/21

Blackstone makes AU$8bn offer to acquire Crown Resorts

Blackstone, which already has a 10 per cent holding in the casino giant, has offered to buy all outstanding shares in Crown Resorts for AU$8bn (US$6.2bn).

03/20/21

Genting cruise receives 100,000th passenger since relaunch

Genting Dream Cruises has been accepting passengers since November, becoming just the second cruise line to return to operations.

03/20/21

Macau Legend to report consolidated loss of US$258m for 2020

Macau Legend Development expects to report a consolidated loss of up to US$258m due to a decrease in the number of visitors to Macau and Laos in 2020.

03/19/21

Emperor Entertainment to expand hospitality operations

Emperor Entertainment Hotel Ltd has bought a portfolio of three properties in Hong Kong for US$260m.

03/17/21

Melco and Yokohama F. Marinos to assist high street

The “Stay Strong Together and Support our Hometown Shopping Streets!” project will begin in April.

03/17/21

500.com completes acquisition of Bitcoin mining machines

500.com Limited has announced the completion of its acquisition of bitcoin mining machines from the US.

03/13/21

Calls for Macau regulator to clarify legal status of sub-agents

The role of the sub-agents is similar to their partnering junkets but they are not currently licensed by the Macau gaming regulator.

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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.