10/12/20 Bank of China and BNU to continue issuing Macau banknotes The Bank of China and the BNU have signed an agreement with Macau to issue patacas for the next 10 years.
10/12/20 Japan: IR delay raises concerns The period for IR applications has been put back by nine months
10/11/20 China looks to develop horseracing industry The government has presented a five-year plan to develop the sport and the industry, including the potential creation of a lottery.
10/11/20 Fresh round of subsidies for HK games centres Licence holders for mahjong and Tin Kau parlours, game centres and esports venues will receive one-off assistance of US$6,451.
10/11/20 Fitch expects MGM Macau revenue to drop 19% Rating the company’s new notes, the agency offered an outlook of what it expects for the Macau segment of the business.
10/09/20 Japan IR application process to be postponed According to local media, Japanese authorities will announce the extension of the application period for IR bids.
10/09/20 Macau GGR down 76% during Golden Week Revenue increased 279 per cent month-on-month but remained low compared to pre-pandemic levels.
10/09/20 Macau could return to pre-pandemic levels in 2022 According to JP Morgan analysts, Macau’s gaming industry will not see a complete recovery until 2022.
10/09/20 Genting Hong Kong gets subsidy from Germany The cruise line has requested US$670 million but for now received only US$226million in government aid during the pandemic.
10/08/20 Yokohama to host a IR symposium Yokohama city has announced an event to discuss its integrated resort bid and promote the project to residents.
10/08/20 Macau Golden Week numbers below expectations According to SJM Holdings’ executive director Angela Leong On Kei, the tally of visitors was “not enough”.
10/08/20 SJM’s Lisboeta could be delayed until 2021 The opening of the Lisboeta hotel resort could be postponed until next year due to the impact of the pandemic.
10/08/20 Grand Korea Leisure sees 76% annual loss Its casinos were closed from March to May and saw revenue drop 53 per cent year-on-year for the first nine months of 2020.
10/08/20 500.com closes bribery investigation An independent review found there was no violation of the US Foreign Corrupt Practices Act of 1977.
10/07/20 Japan: Pachinko halls show recovery A survey has revealed some pachinko halls are returning to normal levels of sales despite the pandemic crisis.
