04/16/21 Macau gaming tax revenue drops 50% in Q1 Macau’s government collected MOP9.17bn (US$1.15bn) in tax revenue from the gaming industry in the first three months of 2021.
04/16/21 Yokohama anti-IR mayoral candidate launches campaign Akiko Fujimura has confirmed she will run for mayor in Yokohama City. The elections are scheduled for August 22.
04/16/21 Macau’s economy to rebound by 53 per cent in 2021, analysts say Fitch Ratings Inc. has said that Macau’s economy could rebound after the impact of the Covid-19 pandemic.
04/16/21 South Korea: only two Jeju casinos currently open Jeju Shinhwa World and Paradise Casino are the only foreigner-only casinos currently operating on Jeju island in South Korea.
04/16/21 Online betting boosts horseracing bets in Japan Proceeds from domestic races increased 30.1 per cent in the fiscal year 2020 to JPY912.29bn (US$8.4bn), the highest in nearly 30 years.
04/15/21 Macau may test issuance of virtual currency Analysts believe the issuance of virtual currency could transform Macau’s gaming industry as junket operators will no longer be needed.
04/15/21 Macau considers extending tourism incentives to rest of Asia Macau may extend its incentive scheme for mainland Chinese tourists to other countries.
04/14/21 Taiwan introduces lottery changes to push cloud receipts The Taiwanese Government will increase the number of lottery winners and introduce a new NT$800 (US$28.10) prize.
04/14/21 Macau GGR up 16% in second week of April Analysts have reported that Macau’s gross gambling revenue reached a daily average of US$36.2m.
04/14/21 Nagasaki launches new IR Promotion Council The prefecture has established an IR Promotion Council comprising 22 groups in the Kyushu region to create networking opportunities with local businesses.
04/13/21 Mohegan to reduce debt/EBITDA by the end of year, analysts say Moody’s Investors Service expects Mohegan to reduce debt to EBITDA this year.
04/13/21 Jeju casino opening could be delayed by rise in Covid-19 cases There are doubts around the opening of Lotte Tour’s relocated Jeju casino in South Korea due to the Covid-19 pandemic.
04/13/21 Hong Kong: 65 arrested in raid on illegal gambling den Police have busted a gambling den and found a police officer was linked to the illegal operation.
04/13/21 Analysts expect Macau casinos EBITDA to drop 23% for Q1 According to Morgan Stanley, Macau casinos will report an EBITDA of US$181m, down 23 per cent from the previous quarter despite an increase in gross gaming revenue.
04/10/21 Macau economy could grow in 2021, analysts say According to the University of Macau, Macau’s Gross Domestic Product could grow by up to 33.5 per cent in 2021.
