05/15/20 Pachinko halls allowed to reopen in Osaka Pachinko halls with a floor space of 1,000 square meters or less will be allowed to reopen from tomorrow.
05/15/20 China to support Greater Bay Area China to provide financial support to fuel the development of the Greater Bay Area, which includes Guandong, Hong Kong and Macau.
05/15/20 Wakayama confirms two interested partners for IR Suncity Group and Clairvest Neem Ventures throw their hat in the ring to build IR should prefecture secure licence.
05/15/20 Melco reports net losses of $364 m in 1Q20 Operator reports a US$364 million net loss for the first quarter of the year as a result of the on-going Covid-19 pandemic.
05/15/20 GTI Asia China Expo 2020 to take place in September The gaming event will be held at the China Import and Export Fair Pazhou Complex in Guangzhou from September 9 – 11.
05/14/20 Japan lifts state of emergency in 39 prefectures This news will be welcomed by gaming operators and pachinko halls, which should be able to reopen their doors over the coming days.
05/14/20 Sega Sammy sees year-end profits soar Earnings for the year hit US$13.8 billion representing an impressive 421 per cent year-on-year increase.
05/14/20 Yokohama Mayor “not surprised” by LSV exit Mayor Fumiko Hayashi believes the Covid-19 pandemic played a part on the operator’s decision to withdraw from the IR process.
05/14/20 Macau to co-chair anti-money laundering group Director of the Macau Financial Intelligence Office will co-chair the Asia Pacific Joint Group by International Money Laundering Organisation.
05/14/20 Galaxy to open Phase 3 in “mid 2021” Operator still aiming for original opening of early 2021 but could see that slip back to mid 2021 as a result of the Covid-19 outbreak.
05/14/20 Macau: Emperor extends services contract with SJM Macau gaming operator SJM and Emperor Entertainment Hotel Ltd extended the current agreement to 2022.
05/13/20 Las Vegas Sands withdraws from Japan IR race Las Vegas casino operator steps back from IR bid in Yokohama to focus on opportunities elsewhere.
05/13/20 Macau: gaming taxes down 47.9% Gaming taxes reached MOP20.53 billion (US$2.57billion) in the first four months of the year.
05/13/20 Galaxy Entertainment revenue falls 61% in 1Q20 Net revenue for the first three months hit HK$5.1 billion (US$658million) with Adjusted EBITDA down 93 per cent to HK$283 million.
05/13/20 Sands China enters procurement deal with LVS Sands China will act as an agent to procure and provide equipment and supplies from Asia Pacific to the LVS Group.
