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.
10/07/20 Paradise Co. sees sales jump almost 20% Gaming sales improved in September compared to August but remained down 70 per cent year-to-year.