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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

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.

03/13/21

Gaming machine profits set new record in New Zealand in Q4

Gaming Machine Profits (GMP) increased by 3.7 per cent during the fourth quarter, reaching NZ$252m (US$181.4m).

03/11/21

Hokkaido governor confirms no interest in IR development for now

Hokkaido’s governor has confirmed that the prefecture will not be applying for an IR licence for now but says he would reconsider a project in the future.

03/05/21

Sands sells Las Vegas properties to focus on Asia

Casino giant Las Vegas Sands is selling its world-famous Venetian casino for US$6.25bn to invest in its Asian businesses.

03/04/21

Macau gaming tax revenue drops 63.6% in January

Macau’s government collected MOP$3.21bn (US$402m) in tax revenue from the gaming industry in January.

03/04/21

Japan: foreign interest in IRs shows expectations of profitability

Minister Kazuyoshi Akaba says foreign companies’ bids show expectations that IRs will be profitable.

03/03/21

Five groups reach next phase of Nagasaki IR process

An official in Nagasaki has confirmed that all five contenders have qualified to progress to the next phase of the process.

03/02/21

Macau GGR declines 8.9% in February

Revenues declined to MOP$7.31bn (US$914.5m), compared to MOP8.02bn (US$1.0bn) in January.

03/02/21
Vietnam-casinos-ask-government-to-let-locals-in-properties

Vietnam: casinos ask government to let locals gamble

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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.