East Asia

Macau gaming law consultation session cancelled again

The Gaming Inspection and Coordination Bureau (DICJ) has reported that another scheduled meeting for the public consultation on gaming law amendments has been cancelled due to new Covid-19 cases.

10/05/21

Grand Korea Leisure posts casino sales of US$7.96m in September

Grand Korea Leisure (GKL) has reported KRW9.42bn (US$7.96m) in casino sales for August, up 7 per cent when compared to the previous month.

10/05/21

Macau entertainment venues in temporary shutdown due to Covid

Authorities in Macau have ordered all entertainment venues except for casinos to temporarily halt operations from October 6 due to a rise in local Covid-19 cases.

10/05/21

Nagasaki: Casinos Austria unveils IR development plans

Casinos Austria International Japan Inc has said it hopes to create 30,000 jobs and to generate US$2.9bn for the economy.

10/05/21

Paradise Co revenue down 84% in September

Paradise Co has shared its financial results for September, revealing that casino revenue was down 84 per cent month-on-month to KRW9.55bn (US$8.04m).

10/04/21

Japan opens application period for IR Submissions until April 2022

Authorities in Japan have officially announced that host cities and prefectures have until April 2022 to forward their final integrated resort proposals.

10/04/21

Macau faces new Covid-19 cases in October Golden Week

Authorities have reported ten new Covid-19 cases as October’s Golden Week begins.

10/01/21

South Shore Holdings’ subsidiaries were declared insolvent

South Shore Holdings has revealed that all of its subsidiaries are insolvent and have ceased operations.

10/01/21

Macau’s gaming law consultation sessions to continue as scheduled

Lei Wai Nong, secretary for economy and finance, has said that the first session being cancelled, the consultation will run until October 29 as was planned.

10/01/21

Zhuhai keeps 14-day quarantine for inbound travellers from Macau

Although the inbound quarantine in Zhuhai was to end on October 1, authorities have decided to keep it in place until further notice.

10/01/21

Macau GGR up 32.4% in September

Macau has reported gross gambling revenue of MOP$5.88bn (US$733m) for September, up 32.4 per cent month-on-month.

09/30/21

Wakayama: Clairvest partners with Caesars Entertainment

Clairvest Neem Ventures has partnered with Caesars Entertainment as part of its proposed IR development in Wakayama.

09/30/21

Macau to revise budget forecast due to low GGR

Amid the new local Covid-19 cases, authorities will adjust Macau’s 2021 budget forecast predicting a decline in casino gross gaming revenue.

09/30/21

End to Zhuhai quarantine may not save Macau Golden Week

Ho Iat Seng, Macau’s Chief Executive, has said that even if Zhuhai in Guangdong drops its inbound quarantine, it won’t help Macau’s tourism arrivals for October Golden Week.

09/30/21

Japan’s next prime minister in favour of IR developments

Fumio Kishida, who will assume as Japan’s next prime minister on October 4, is a supporter of the country’s casino resort policy.

Check the latest East Asia news

Macau gaming law consultation session cancelled again

Grand Korea Leisure posts casino sales of US$7.96m in September

Macau entertainment venues in temporary shutdown due to Covid

Nagasaki: Casinos Austria unveils IR development plans

Paradise Co revenue down 84% in September

Japan opens application period for IR Submissions until April 2022

Macau faces new Covid-19 cases in October Golden Week

South Shore Holdings’ subsidiaries were declared insolvent

Macau’s gaming law consultation sessions to continue as scheduled

Zhuhai keeps 14-day quarantine for inbound travellers from Macau

Macau GGR up 32.4% in September

Wakayama: Clairvest partners with Caesars Entertainment

Macau to revise budget forecast due to low GGR

End to Zhuhai quarantine may not save Macau Golden Week

Japan’s next prime minister in favour of IR developments

Regulation

Philippines central bank proposes stricter payment rules for casino operators

Casino

Singapore probes Indonesian man over fake S$10,000 notes at Resorts World Casino

Business

Lawrence Ho transfers 26.44 million Melco Resorts shares to irrevocable trust

Casino

Macau premium-mass wagers down 45% year-on-year in September, Citi survey finds