08/02/20 LVS president: Macau will recover before Vegas Robert Goldstein expects the resumption of the IVS scheme for Chinese tourists late in the summer or fall.
07/31/20 Yokohama Mayor says IR policy delayed With central government not having revealed its basic policy for licences, the mayor says it will be difficult to finish the city’s guidelines by August.
07/31/20 Kazuo Okada excluded from returning to boards A court ruling in Japan bars entrepreneur Kazuo Okada from returning to the boards of Universal Entertainment or Okada Holdings, the operators say.
07/31/20 China to partially resume Macau SAR visas The process will resume from August 12. The return of the IVS and permissions for group tours has yet to be decided.
07/30/20 Macau Hotel occupancy down 64 per cent for H1 The amount of locals registering in hotels and guesthouses grew in June due to promotions, but foreign visitor levels continued to drop.
07/30/20 Locals gaming in Korea likely, but not imminent Two experts on Asia Gaming Brief’s latest webinar session said the country is rethinking its policy.
07/29/20 Bernstein: mass will continue to trump VIP market Analysts believe the shift in the business will continue to consolidate during and after the Covid-19 pandemic.
07/29/20 Plunge in number of Macau gaming employees Over 5,200 people in the gaming sector found themselves without a job in the second quarter of the year.
07/29/20 Royal International posts US$2.3m loss The group’s finances have been flagging since last year. It cut 300 jobs in the first half of 2020.
07/29/20 SJM Holdings reports HK$1.4bn loss for H1 The group has posted losses of US$176.8 million for the first half of the year and revealed details about its Cotai integrated resort.
07/29/20 No negotiations for return of IVS Although the quarantine exemption for Macau residents has been extended to all Guangdong, there’s still no news on the return of individual visas.
07/28/20 Genting sees potential in cruise bubbles The president of Genting Cruise Lines believes “cruise bubbles” between Taiwan and territories that have Covid-19 under control offer tourism hope.
07/28/20 China lottery sales recover from Covid-19 Combined sales in the Sports and Welfare Lotteries reached RMB33.57 billion (US$4.79 billion) in June.
07/26/20 Galaxy Ent to pay no bonuses this year The company will extend its unpaid licence scheme and has suspended contributions to employees’ pension funds.
07/26/20 Pandemic might change Korea gambling ban South Koreans are only allowed to gamble at the remote Kangwon Land casino, but the pandemic might change that.