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Business

Check the latest Business news

08/25/20

Macau casino salaries drop 5.5% in June

The DSEC believes the indicators “reflect a substantial decline in demand for manpower in the gaming sector”. 

08/21/20

Macau visits increase 228% in July

According to the Statistics and Census Bureau (DSEC), in July Macau received 74,006 visitors.

08/21/20

Slot machines manufacturer axes jobs to save costs

Ainsworth Game Technology has made 64 redundancies in Australia and the US.

08/21/20

Melco reports 88% drop in revenue for Q2

Revenue for the second quarter fell to US$0.18 billion.

08/20/20

Macau announces resumption of ferry services

The SAR government expects to boost the gaming and tourism sector with the resumption of public transport to Zhuhai, in Guandong province.

08/19/20

Wynn concerned over US-China tensions

The Macau operator fears higher volatility in international markets and the impact of the US ban on WeChat.

08/19/20

China clampdown hurts Macau’s VIP business

China’s clampdown on capital flows is causing liquidity problems for the city’s casinos.

08/19/20

HK Jockey Club closes betting branches indefinitely

Off-course betting shops will remain closed due to the spike in Covid-19 cases in the city.

08/18/20

Slow recovery in visitation after IVS return

If the IVS resumption continues, analysts expect Macau’s six major casino operators to break even by mid-Autumn.

08/18/20

SkyCity and TAB NZ hit by quarantine extension

The casino and betting shops in Auckland will remain closed as NZ government extends quarantine measures.

08/17/20

Landing appoints HK legislator as non-exec director

A Hong Kong legislator has been appointed as an independent non-executive director of casino investor Landing International.

08/14/20

Chinese tourists will prefer Macau over Hong Kong

A survey from Morgan Stanley found that with travel visas being reinstated, inbound tourists are more likely to choose Macau.

08/13/20

Less than 100 POGOs active during lockdown

Philippine offshore operators have not been successful in obtaining the necessary permits for foreign workers to return.

08/12/20

Wynn Macau launches charitable foundation

The Macau-based company says the foundation already has the approval of the government.

08/11/20

Macau Individual Visa Scheme to resume August 12

Visas for tour groups will also be reinstated, but authorities warn the move will be revoked if it leads to a surge in Covid-19 cases.

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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.