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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

06/11/20

Plans for new Manila IR revealed

International Entertainment Corp has begun the process to request a provisional license from PAGCOR.

06/11/20

SJM appoints new COO

Irish executive Frank McFadden has been named Gaming and Hospitality COO.

06/11/20

Oshidori appoints new leader for IR bid

Oshidori is one of three companies still in the race for Japan’s Nagasaki IR project.

06/10/20

SJM makes first changes after Stanley Ho’s death

Daisy Ho Chiu Fung was elected chairman and executive director of the company at the annual board meeting.

06/10/20

Macau lower-stakes revenue may be slow to recover

Analysts at Morgan Stanley warn lower-stakes mass market turnover may not recover fully once travel bans and restrictions are lifted.

06/10/20

SkyCity New Zealand returns to normality

The country has begun to lift restrictions for businesses and social gatherings.

06/05/20

Meg-Star Group appoints new COO

The Macau junket investor has appointed its chief advisor Ray Lok as the chief operating officer.

06/05/20

Osaka delays IR deadline again

The deadline for proposals for the city’s IR has been put back by a further six months.

06/04/20

Macau casino stocks rebound

Macau giants see positive movement on the stock exchange as large casinos reopen after Covid-19 lockdown.

06/03/20

Nagasaki to hold Sasebo City IR briefings

Briefing sessions on the Sasebo City IR will take place in June with one-hour panels for potential operators.

06/02/20

Suncity Group increases stake in Philippines developer

The agreement for almost US$145 million in convertible bonds will provide funding for the hotel and casino at Westside City Resorts World in Manila.

05/29/20

Macau occupancy hits all time low in April

According to data revealed by Macau’s Statistics and Census Service, rates hit just 12.9 per cent during the month.

05/28/20

MGM China secures US$301m revolving credit facility

Funds will be used for working capital needs and general corporate purposes.

05/28/20

Cambodia: Century ends license deal with Crown

Century terminates agreement early without compensation to minimise cash outlay during the Covid-19 pandemic.

05/27/20

Stanley Ho’s death will not impact SJM

Bernstein analysts noted Ho had effectively removed himself from SJM as early as 2009 after suffering a head injury and a series of brain surgeries. 

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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.