10/02/20 Macau GGR down 90% in September Gross gaming revenues totalled US$277 million for the month.
10/01/20 Rich Goldman reveals US$10m net loss for FY2020 The company has announced financial results for the year ending June 30. Numbers plunged due to the pandemic.
10/01/20 Chinese lottery recovery continues in August After posting double-digit annual growth in July, August sales increased 2 per cent year-on-year.
10/01/20 Macau GGR down less than 90% in September Gaming analysts expect it will be the first time since March that GGR has fallen less than 90 per cent year-on-year.
09/30/20 Asia-Pacific air traffic to remain down during 2021 Fitch Ratings forecasts that key airlines’ traffic in the region will remain below pre-pandemic levels for the rest of the year
09/30/20 TAB NZ August results surpass expectations Sports betting turnover grew 36 per cent with racing up 10 per cent year-on-year.
09/30/20 PAGCOR increases PSC contribution in August August’s contribution to the sports development fund increased after an all-time low in July.
09/29/20 Singapore: Genting impacted by “slow recovery” According to a report from Standard & Poor’s, the company will depend on venues in other locations.
09/27/20 Gambling cash flow out of China surpasses US$145bn The director-general of the Ministry of Public Security’s International Cooperation Department has said the industry should “increase efforts.”
09/25/20 Pointsbet raises US$53m from retail entitlement The Australian online betting operator aims to raise US$108 million through its latest entitlement offer.
09/24/20 Fitch: Okada recovery remains uncertain The ratings agency says a potential second outbreak of Covid-19 and lack of consumer confidence inform its negative outlook for the firm.
09/23/20 VIP funds pour out of Macau Casino sources have lost billions in withdrawals as high rollers fear a crackdown from Chinese authorities.
09/22/20 Macau GGR “disappointing” analysts say According to a report from Sanford C. Bernstein, gross gaming revenue is not rising as expected despite the increase in visitors.
09/22/20 Chan to make offer for Macau Legend shares The junket operator is expected to place a bid for all of the company’s publicly traded shares under HK’s Takeover Code.
09/21/20 Macau: Golden Week may reach only 30% of 2019 GGR According to gaming operators, expectations for Golden Week remain low compared to last year.
