01/18/21 Macau’s GGR reaches US$2.75bn in last quarter Mass baccarat represented over half of GGR at Macau casinos for last three months of 2020, followed by VIP baccarat and slot machines.
01/16/21 How is Covid-19 impacting on cruise lines’ stocks? Asian operators have begun “cruises to nowhere” from Singapore, Japan and China.
01/15/21 Macau gaming service index up 17 points A mystery shopper survey found casino workers are more proactive and smiling more but also less tolerant with customers.
01/15/21 AGEM names new president and board David Lucchese replaces Luke Orchard as president of the board while another six officials were elected for a one-year term.
01/14/21 G2E Asia to convene in August at the Venetian Macao G2E Asia, the marketplace for the Asian gaming and entertainment industry, will return to the Venetian Macao from August 17-19, 2021.
01/14/21 Macau hotel prices fell 50% in 2020 Impacted by the pandemic, the Tourist Price Index in the last quarter of the year fell by 15 per cent, according to the Statistics and Census Bureau.
01/14/21 Pansy Ho’s PR firm signs agreement with MGM China Occasions Asia Pacific will provide PR and marketing services to MGM Grand Paradise, a subsidiary of MGM China.
01/14/21 Betting shops forced to close in Malaysia Number forecast operators have announced the closure of betting shops in the country until at least January 26.
01/13/21 Suncity VIP volume up to 20% of pre-Covid-19 levels The recovery has been slower and more gradual than the group expected, according to Goldman Sachs analysts.
01/12/21 500.com to acquire bitcoin mining machines The Chinese company expects to begin generating revenue from bitcoin mining in the first half of 2021.
01/11/21 China reveals plans for US$900m esports centre Located in Shanghai, the 6,000-capacity arena will host more than 300 matches a year. It will also include a themed hotel and museum.
01/08/21 Macau tourism still below expectations Despite efforts, authorities have recognised the number of visitors is still lower than expected after the resumption of visas.
01/08/21 PAGCOR remits additional US$20.7m to Treasury The regulator increased funds corresponding to 2019’s cash dividends to aid the efforts to curve the spread of Covid-19.
01/08/21 Macau: Trump bans WeChat Pay and Alipay The US president considers China-based apps, often used for purchases or business transactions, to be dangerous for national security.
01/08/21 Adelson leave will not impact Sands China operations Several analysts said the absence of the founder of LVS and Sands China will not impact gaming operations.
