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Focus Gaming News Asia Pacific | East Asia

East Asia

Check the latest East Asia news

01/06/22

GKL temporarily closes Seven Luck Seoul Gangnam until January 7

Grand Korea Leisure has announced the temporary closure of the Seven Luck Seoul Gangnam until Friday after eight workers tested positive for Covid-19.

01/06/22

Jeju Dream Tower posts KRW8.13bn in gaming revenue for December

Lotte Tour Development Co Ltd has confirmed Jeju Dream Tower achieved its first positive EBITDA in December.

01/06/22

Melco Resorts to provide a one month bonus to non-management employees

Melco Resorts has announced it will pay a special bonus before Chinese New Year.

01/05/22

HK Jockey Club reduces race attendance

Amid a rise in new Covid-19 cases due to the Omicron variant, the Hong Kong Jockey Club has been instructed by authorities to reduce the number of attendance to its races.

01/05/22

AAEC could have lost US$7.4bn in profits due to LVS breach of contract

According to a report, AAEC may lose up to MOP$57.9bn (US$7.4 billion) in profits due to the breakdown of its agreement with Las Vegas Sands (LVS) to bid for a Macau casino licence.

01/05/22

Kangwon Land to keep reduced operating hours until January 16

Kangwon Land Inc has decided to continue operating at reduced hours until at least January 16 to avoid a rise in Covid-19 cases.

01/05/22

Paradise Co gaming revenue down 25.7% in 2021

Paradise Co has reported that gaming revenue declined 25.7 per cent year-on-year to KRW249.76bn (US$208.8m) in 2021.

01/05/22

Investment banks predict Macau’s GGR for January will reach MOP$6bn

Investment bank Citigroup predicts that Macau’s GGR will be down 25 per cent year-on-year in January.

01/04/22

South Korea: 99.6% of tourists in Jeju in 2021 were locals

The Jeju Island Tourism Association revealed more than 12 million tourists visited Jeju island in 2021 but nearly all of them were locals.

01/04/22

Hong Kong-China travel bubble delayed due to Omicron cases

Carrie Lam Cheng Yuet-ngor, Hong Kong Chief Executive, said the long-awaited travel bubble with mainland China will have to wait due to the outbreak of Omicron cases.

01/04/22

Macau expects to collect just US$5.35m in taxes via junket commissions in 2022

Authorities in Macau predicted the government will only collect MOP43m (US$5.35m) from taxes on commissions paid by casinos to junkets.

01/04/22

Macau casino revenue could reach MOP130bn in 2022, analyst says

According to gaming experts, Macau’s casino revenue could be between MOP100bn and MOP130bn (US$16.18bn).

01/04/22

Grand Korea Leisure casino sales down 51.8% in 2021

Grand Korea Leisure (GKL) has reported a 51.8 per cent decline in casino sales year-on-year, from KRW186.02bn to KRW89.58bn.

01/03/22

Macau: two arrested after stealing casino chips worth $44,369

Authorities in Macau have recently arrested a man and a woman who stole casino chips worth MOP355,000 (US$44,369) from a casino on Cotai.

01/03/22

Wynn Macau and SJM to award employees with a special bonus

Wynn Macau has announced it will pay a special allowance, equivalent to one month’s salary, to 97.8 per cent of its 12,000 employees. SJM will also provide an “annual living subsidy” to eligible employees.

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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.