04/21/20 Macau considers reducing gaming tax Ho Iat Seng considering measures to help operators survive the impact of the Coronavirus outbreak.
04/21/20 Macau economy set to contract 24% in 2020 Fitch Ratings revealed a report where explains the dependence on gaming revenue will drive the city to a fall in economy.
04/21/20 Paradise Co reopens three casinos in South Korea Business as usual for casino operator with three casinos now open to the public following the Covid-19 closure.
04/20/20 Japan scientist ‘very pessimistic’ of 2021 Olympics The chances of the Olympics going ahead in 2021 are looking less likely according to a leading scientist in Japan.
04/20/20 Macau: gaming workers concerned about jobs The Macau Gaming Association and Gaming Inspection and Coordination Bureau and Labor Affairs Bureau push the govt to support workers.
04/20/20 Macau to work with Chinese govt to help gaming sector Governments to discuss re-issuing individual travel visas in order to allow mainlanders to visit Macau.
04/20/20 Macau gaming taxes down 37% in 1Q 2020 Gaming taxes collected in the first three months of the year total just MOP18.4 billion (€2.1billion).
04/20/20 Macau: only three hotels used as quarantine venues Nine hotels have now been released and will open to the public following a deep clean.
04/20/20 Grand Korea Leisure extends closure period to May 6 GKL operates three foreigner-only casinos in Seoul and Busan under the Seven Luck brand.
04/17/20 Macau: just 15 players on gaming floors Research by research conducted by Inside Asian Gaming reveals an average of just 15 players on gaming floors at Macau casinos.
04/17/20 Macau: 1Q19 GGR down 59% Official numbers reveal GGR of just MOP$30.64 billion (€3.51 billion) in the first quarter of the year.
04/17/20 MGM China has cash reserves for 15 months MGM China has HKD3billion (€356million) in cash and a revolving credit facility from banks amounting to HKD4.5billion (€534million).
04/17/20 Sands China board rejects shareholder dividend Board of directors chose not to approve shareholder payout for FY19 due to Covid-19 crisis.
04/17/20 Kangwon Land extends closure to May 4 The period of the closure has been repeatedly extended in line with continuing concerns about the spread of Coronavirus.
04/17/20 Wynn Macau to support employees Gaming giant offers each of its 13,600 employees a MOP$1,000 (U$S 125) grant.
