08/28/20 NagaCorp reports net profit of US$20m for H1 NagaCorp revealed its financial results for the first half of the year and showed profits despite pandemic lockdown.
08/28/20 Malaysia to keep borders shut Authorities fear imported cases of Covid-19 would ruin the country’s success in controlling the outbreak.
08/28/20 Genting Group posts US$398m loss for Q2 Revenue was down 80 per cent year-on-year at US$265.5 million.
08/27/20 New bill to regulate POGOs’ foreign workers Foreign nationals would not be able to be employed without the Department of Labor’s authorisation.
08/26/20 South Korea: concerns over casino layoffs on Jeju island The casino sector has been excluded from government support during the pandemic and the situation could impact on employment.
08/26/20 Vietnam looks to facilitate casino investments The eight casinos already operating in the country have doubled their revenue in the last three years, according to the Ministry of Finance.
08/25/20 Manila: Winford looks for new ways to raise revenues The hotel and casino operator company has been exploring ways to generate revenues amid the pandemic crisis.
08/23/20 Philippines wants US$2.87bn from POGOs A new law could regulate a 5 per cent franchise tax that would be charged on all bets made within the country.
08/23/20 Singapore relaxes border restrictions for tourists Travellers from New Zealand and Brunei will be tested on entry but will not have to serve a stay-home notice.
08/21/20 Waterfront casino operator profits despite crisis Waterfront Philippines, operator of several casinos, has revealed it made a profit in Q2 despite the pandemic crisis.
08/20/20 MJC Investments reports 98% drop in earnings The promoter of Manila’s Winford Hotel and Casino is still working with PACOR to resume operations after the Covid-19 crisis.
08/19/20 Genting Singapore is “several quarters away” from recovery According to analysts from Union Gaming Security, the company will not see a short-term recovery.
08/18/20 Philippines eases restrictions in Metro Manila After two weeks of strict quarantine, president Duterte has announced the loosening of measures in the Metro Manila area, but casinos remain closed.
08/18/20 Resorts World Manila revenue halves in 1H Gross gaming revenues at the Philippines casino reached US$125.5 million, down 19 per cent in relation to the first half of 2019.
08/17/20 PH Resort completion pushed back to Q2 2022 PH Resorts Group previously expected to finish the casino resort complex in the first quarter of 2022.
