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Business

Check the latest Business news

01/07/21

MGM “remains committed to Macau” after investor urged to sell

MGM Resorts International board of directors has answered the requirement of an investor to sell a part of its MGM China property.

01/07/21

Wynn Macau to cut management salaries

The company has decided to cut salaries due to the impact of the pandemic on group finances but confirmed a later compensation.

01/07/21

Suncity plans non-gaming resort in Japan

The Hong Kong group expects to open a new project in Hokkaido this year while it is also aiming for an integrated resort licence in Wakayama.

01/06/21

Macau regulator’s deputy director takes unpaid leave

The Gaming Inspection and Coordination Bureau has announced its deputy director, Leong Man Ion, has taken unpaid leave.

01/06/21

Manufacturer stock prices remain strong in December

The December edition of the AGEM Index showed a 9.5 per cent hike since November and was 26.7 per cent up on the prior year.

01/06/21

Three new potential partners emerge for Nagasaki IR

The Request for Proposal proceedings in the city will get underway tomorrow, 7 January 2021.

01/05/21

SJM Holdings: Toh Hup Hock named CFO

SJM Holdings has announced the exit of its current CFO, Robert Earle McBain, to be replaced by its chief operating officer.

01/05/21

Video lottery sales plummet in China

China’s total lottery sales dropped 22 per cent year on year between January and November 2020.

01/04/21

Levo Chan replaces Melinda Chan as Macau Legend CEO

The businessman has officially taken the position of Chief Executive Officer of the company.

12/22/20

Donaco chairman expresses positive outlook

The operator reported revenues of US$40.5m for the full financial year 2020, down from US$65.5m the previous year.

12/22/20

SA Euro launches two new games

SA Gaming has announced that Dragon Tiger and Sic Bo have gone live at SA Euro after achieving major success in Asia.

12/22/20

500.com sells shares and plans crypto venture

The services provider has named two officers with experience in cryto as it sells shares to Google Luck IT.

12/21/20

Japan tourism down 97% year-on-year in November

The country has seen 14 months of decline in visitor numbers according to the Japan National Tourism Organization.

12/21/20

Japan confirms timeline for IR bids

The national government has also said it plans to take part in the conversations with potential private partners.

12/21/20

Macau gaming tax collection jumps 203%

The authorities collected US$354.6m in November, one of the best results of the year.

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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.