09/02/20 Macau finalises Covid-19 testing of casino workers Over 53,000 frontline workers have been tested with no new new Covid-19 cases have been reported in over two months.
09/01/20 Starlight ceases all gaming projects Starlight Culture Entertainment has announced it is terminating all of its gaming business interests.
09/01/20 Macau GGR down 94.5% in August Gross gaming revenues is down by more than 90 per cent year-on-year for a fifth consecutive month.
09/01/20 PokerStars exits Macau, China and Taiwan The online poker brand is to exit the Asian markets after Flutter decided to cease operations in certain jurisdictions.
09/01/20 Suncity posts 69.5% drop revenue for H1 Revenues fell to RMB93.7m (US$13.6m), while gross profits dropped 45.8 per cent to RMB28m (US$4m).
09/01/20 Kangwon Land extends casino closure The South Korea casino had reopened for VIP clients but closed again due to a spike in Covid-19 cases.
09/01/20 Casino promoters ask for extension on Macau licences Analysts fear revenues may not fully recover before Macau’s current casino licences come up for renewal in 2022.
08/31/20 Landing International pauses expansion due to losses Casino investor Landing International has decided to suspend expansion due to the impact of the pandemic on the business.
08/31/20 Bernstein: casinos to breakeven in Q4 Analysts at Sandford C. Bernstein predict a recovery from September onwards for gaming operators with stronger premium segments.
08/31/20 Success Universe reports US$17m net loss for H1 Casino operator Success Universe, responsible for Ponte 16 casino, has reported revenue of HK$333.8 million for the first half.
08/30/20 South Korea to allow online betting on horse racing A bill to amend the Korean Horse Racing Act introduced by the ruling Democratic Party is supported by 15 lawmakers.
08/30/20 Melco posts 65.5% drop in revenues for H1 The gaming giant said lockdown measures and travel restrictions caused visitation to fall 84 per cent below the first half of 2019.
08/29/20 Japan could put back IR plan by a year Bay City Ventures managing director Joji Kokuryo says the country would be better to avoid any delay creating an overlap with Macau retendering.
08/28/20 Macau encourages mainland Chinese to visit the city Macau authorities have launched a campaign to encourage mainlanders to stay longer in the city.
08/28/20 Shinzo Abe’s exit could impact gaming sector Japan’s prime minister has resigned due to health concerns.
