04/09/20 “We estimate SKC’s monthly cash burn rate at around $35million” Craigs Investment Partners says that company’s $425million cash reserve will help it survive the Covid-19 crisis but warns of losses.
04/08/20 Casino Taipa remains closed in Macau Property is undergoing cleaning and sanitisation after being used by the Macau government to house those under Covid-19 quarantine.
04/07/20 Nagasaki IR plans continue as RFP process nears Nagasaki prefecture plans to have completed the request for proposal process this spring and continue to develop its IR project.
04/07/20 Russia extends casino closure period All gambling location will remain closed indefinitely as Russia ramps up efforts to combat Covid-19.
04/06/20 Cambodia: workers demand casinos pay wages The Collective Union of Movement of Workers from Cambodia asks casino operators to better support workers.
04/06/20 23 Coffee shop gamblers arrested in Thailand Authorities raid suspected gambling den during Coronavirus lockdown.
04/06/20 Singapore casinos close for one month Since next Tuesday, only essential services and key economic sectors permitted to continue operating.
04/06/20 Grand Korea Leisure extends casino closure South Korea gaming operator to keep its casinos closed for another two weeks as part of efforts to defeat Coronavirus.
04/03/20 “I really think this is the moment to legalise online gaming” Jason Ader says online gambling could help operators overcome the challenging period caused by Coronavirus.
04/03/20 Macau govt has no plans to shut down casinos again Secretary for Economy and Finance, Lei Wai Nong, says authorities intend to keep casinos open.
04/03/20 Paradise Co GGR drops 60% South Korea casino operator Paradise sees casino revenues drop to just €14.3million due to the Covid-19 outbreak.
04/03/20 SkyCity lays off 200 workers Company anticipating losing NZ$90million (US$53million) in revenues per month until its casinos reopen
04/02/20 Japan’s first IR could be delayed Coronavirus outbreak raising concerns over whether timetable for issuing licences is achievable.
04/02/20 Macau scraps plans to impose tourist tax Coronavirus crisis sees Macau authorities drop motion to implement a tax on tourists visiting the city.
04/02/20 Macau: 2,600 people held in quarantine hotels A total of 12 hotels have been requisitioned by the SAR government to stop the spread of Coronavirus.