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Focus Gaming News Asia Pacific | East Asia

East Asia

Check the latest East Asia news

11/11/21

Galaxy Entertainment revenue down 23% for Q3

Galaxy Entertainment has shared its financial results for the third quarter of the year, reporting a decrease in net revenues to HK$4.3bn (US$551.9m).

11/10/21

Kangwon Land to recover by 2023, analysts say

Analysts at JP Morgan predict South Korea’s foreigner-only casino could return to pre-pandemic revenues by 2023.

11/10/21

Wynn Resorts CEO praises Macau’s gaming law consultation sessions

Matt Maddox, Wynn Resorts CEO, has described the public consultation sessions on gaming law amendments as “transparent and productive.”

11/10/21

Melco Resorts posts US$446.4m in operating revenue for Q3

Melco Resorts has shared its financial results for the third quarter of the year. Operating revenue was down 21 per cent quarter-on-quarter from US$566.4m to US$446.4m.

11/10/21

Wynn Macau posts operating revenue of US$312m for Q3

Wynn Macau Ltd has reported total operating revenue of US$312m for the third quarter of the year, down 34 per cent when compared to the previous quarter.

11/09/21

Jeju Dream Tower sees bookings rocket in year-end sale

Lotte Tour Development Co Ltd revealed it has sold more than 8,000 room nights as part of its year-end sale at Jeju Dream Tower.

11/09/21

Kangwon Land posts net profit of US$17.3m for Q3

Kangwon Land has shared its financial results for the third quarter of the year, reporting a 2.4 per cent decline in net profit from KRW20.9bn in Q2 to KRW20.42bn (US$17.3m).

11/09/21

Paradise Co posts operating profit of US$4.09m for Q3

Paradise Co has revealed an operating profit of KRW4.81bn (US$4.09m) for the third quarter of the year.

11/09/21

Foreign visitors must prove sufficient funds to stay in Macau

Authorities in Macau will require foreign visitors to prove they have enough funds for their stay in the city.

11/09/21

Macau casino stocks rise after announcement of Covid-19 pill

Macau casino stocks jumped 7.2 per cent after Pfizer announced it has produced a pill that can cut reduce the worst risk of Covid-19 by 89 per cent.

11/08/21

Mohegan to focus on development of Incheon integrated resort

Mohegan Gaming & Entertainment remains committed to its Incheon IR project, Inspire Korea.

11/08/21

Macau GGR up 12% in first week of November

Macau’s GGR for the first week of November was up 12 per cent when compared to the previous week, with average daily revenue of MOP235m (US$29.3m).

11/05/21

Grand Lisboa Palace could reach break-even in Q2 2022, analysts say

Analysts at JP Morgan Securities predict that SJM’s Grand Lisboa Palace could reach break-even in the second quarter of next year if Macau reopens its borders.

11/05/21

China: 142 suspected of organising travels to gamble at Tigre de Cristal

Authorities in China’s Heilongjiang and Jilin provinces have a group that organised trips to gamble at the Tigre de Cristal casino in Russia.

11/05/21

Orix unveils partnership agreement with MGM for Osaka IR development

Hitomaro Yano, executive officer at Orix, has revealed that Orix and MGM will each hold 40 per cent equity in the proposed IR.

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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.