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Business

Check the latest Business news

11/25/20

Junket CEO increases stake in Macau Legend

Chan Weng Lin of Tak Chun Group has taken his interest in the company to 33.19 per cent.

11/25/20

Visits to Macau up almost 30% in October

Visitation is still down by 81.9 per cent year-on-year.

11/25/20

PAGCOR allocates US$41m to build relief centres

The regulator aims to build 32 centres in 31 cities affected by the Ulysses typhoon in early November.

11/25/20

Macau gaming jobs drop slightly in Q2

The average salary in the gaming sector was down by 5.5 per cent in June compared to the same month in 2019.

11/24/20

Seoul casinos enter lockdown again

The measure applies to all venues in the metropolitan area, including Incheon.

11/24/20

Macau GP: biggest increase in visitors in nine months

According to the tourism office, 28,000 visitors arrived in the city on the first day of the Macau Grand Prix.

11/21/20

Moody’s downgrade to cost Crown Resorts US$1m a year

The agency downgraded Crown’s notes after New South Wales’ regulator told it to delay opening its new casino in Barangaroo.

11/20/20

Macau Airport expects 3.8m passengers in 2021

The SAR’s international airport is working to promote the city as a safe place to visit.

11/20/20

Two major investments for Australian hospitality sector

Redcape has bought a hotel with a sports betting bar, while Hotel Property Investments acquired 3 pubs.

11/19/20

Macau: visitors rising during November

The tally of visitors arriving in Macau has reached 20,000 per day.

11/19/20

Macau gaming operators may host two sports events per year

The local government aims to boost the economy holding at least one major sporting event every month in 2021.

11/18/20

NSW expects over US$2bn from gaming tax

The number represents an increase of US$36.5 million since the half-year review for the sector.

11/18/20

Crown parts ways with junkets for good

The operator will only work with authorised junkets. It has begun a consultation with regulators from different states.

11/17/20

NagaCorp granted 50-year land lease in Cambodia

The company has been granted land in the south of the restricted zone of Angkor Wat in Siem Reap.

11/17/20

Skycity CEO makes sudden resignation

The chief financial officer and marketing officer are also leaving the company.

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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.