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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

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.

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.

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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.