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Focus Gaming News Asia Pacific | East Asia

East Asia

Check the latest East Asia news

02/24/23

Macau chief remains confident in 2023 GGR target

Chief executive Ho Iat Seng says he’s optimistic about Macau’s prospects for the year.

02/24/23

Phase III will help Galaxy Macau expand market share – JP Morgan

According to JP Morgan Securities, Galaxy Macau Phase III will make the resort “an even more appealing holistic destination”.

02/24/23

Former Macau junket workers worried about unpaid salaries

Concerns have been raised that former junket operators will be unable to pay the salaries owed.

02/24/23

MGM China announces partnership with Robb Report Hong Kong

MGM Macau and MGM Cotai will create events for members of the RR1 club.

02/24/23

Mohegan agrees to invest up to US$142m more to complete Incheon IR

The Mohegan Tribal Gaming Authority had agreed to make non-dilutive equity capital contributions to Inspire Korea to ensure completion of the project.

02/23/23

Galaxy Entertainment Group posts net revenue of US$371.7m for Q4

Revenue was up 43.4 per cent quarter-on-quarter but down 38.6 per cent year-on-year.

02/23/23

Macau casino operators will take up to 6 years to return to 2019 revenue, analyst says

That’s the forecast of gaming consultant Alidad Tash.

02/23/23

Casino investors named in Forbes Hong Kong’s 50 richest list

Five people with gaming interests feature in this year’s Hong Kong’s 50 Richest People list.

02/23/23
Finance

Rich Goldman expects to post US$2.29m loss for H2

02/22/23

Taiwanese travel agencies visit Macau

Representatives from 58 travel agencies visited Macau to explore ways to revitalise the tourism industry.

02/22/23

South Korea lifts post-arrival testing for inbound Chinese travellers

From March 1, post-arrival testing for Covid-19 infection will no longer be required.

02/22/23

Emperor Entertainment: SJM agreement is “reasonable”

Emperor Entertainment Hotel has stressed that its percentage-sharing agreement with SJM is consistent with the rates offered to other service providers.

02/22/23

Hong Kong advances with special football betting tax

The Hong Kong Jockey Club will have to pay HK$12bn over five years.

02/21/23

Macau average daily GGR reaches US$50m in third week of February

According to J.P. Morgan, last week was “the best non-holiday print” in over three years.

02/21/23
LeoVegas considers bond issue to finance expansion

Morgan Stanley ups Macau 2023 EBITDA forecasts by 70%

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Antonis Karakousis, Altenar: “SBC Summit Lisbon is a valuable opportunity to understand what operators are prioritising as they plan for the next stage of growth” 

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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.