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Elsewhere

Check the latest Elsewhere news

08/26/20

Summit Ascent posts 63% drop in revenue

The Tigre de Cristal operator has posted losses of HK$47 million (US$6 million) for the first half.

08/13/20

Summit Ascent issues profit warning

The company expects an accumulated loss of US$6.45 million for the first half.

08/11/20

ASEAN Gaming Summit Postponed to 2021 Q2

Asia Gaming Brief will continue to provide its AGB Webinar Series inviting experts to explore the most pressing developments in the industry.

08/06/20

Asian gaming provider stock climbed in July

The AGEM Index increased by 13.55 points in July to 420.86, up 3.3 per cent on June.

07/31/20

ARF strengthens Anti-illegal Betting Taskforce

The Asian Racing Federation has added two experts with decades of experience in combating corruption in sports betting and match-fixing.

07/28/20

Shambala casino ready to open in Primorye

Over 3.5 billion rubbles (US$48.8 million) have already been invested in the first stage of the region’s second casino.

07/24/20

Russia imposes new tax on sports betting

The new tax will apply to operators who offer betting on overseas events. Bookmakers will also have to choose between a sports betting or tote licence.

07/22/20

Asian casino supplier to launch Las Vegas unit

CTR Group has said it will be ready to open its new global headquarters in Las Vegas next month.

07/19/20

Tax cut for Tigre de Cristal in Primorye

The Suncity-owned casino in Primorye, Russia resumed operations last week under strict Covid-19 restrictions.

07/17/20

ICE London 2021 put back to April

Clarion Gaming has announced it is postponing the next edition of the largest show in the industry by two months to April 20 to 22, 2021.

07/16/20

Tigre de Cristal reopens with safety precautions

As borders remain closed in Russia, the Suncity-owned casino plans to focus on the local market when it reopens tomorrow.

07/14/20

Guam revokes gaming machines licences

Local operators on Guam have been sent notices regarding the non-renewal or revoking of their current gaming machines licences.

07/09/20

Gaming provider stocks rise slightly in June

The AGEM Index increased by 4.53 points, to 407.41. Macau’s casino operators also saw an increase in their stock prices.

07/09/20

G2E announces Las Vegas event cancellation

Gobal travel restrictions, uncertain guidance prompt show organisers to eliminate all in-person elements.

06/27/20

Asian gaming companies’ EBITDA to drop 70%

Moody’s has a negative outlook for Asian gaming firms in 2020. Those with a strong domestic base are expected to recover sooner.

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Highlighted Interview

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Latin America, Focus Brasil, Focus Africa and Focus UAE – five daily releases focusing exclusively on these specific markets.