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Focus Gaming News Asia Pacific | land-based casinos

land-based casinos

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08/16/21

IEC delays PAGCOR New Coast Hotel partnership

International Entertainment Corp has postponed a cooperation agreement with PAGCOR for the development of its New Coast Hotel property in Manila due to Covid-19 countermeasures.

08/16/21

Macau GGR down 37% for second week of August

Macau’s GGR was down 37 per cent week-on-week due to local Covid-19 cases and the decline in tourist arrivals.

08/16/21

Malaysia eases some restrictions for the fully vaccinated

Authorities in Malaysia have announced that Covid-19 countermeasures will be eased for those who have been fully vaccinated.

08/13/21

Resorts World Manila revenue down 12% in Q2

Travellers International, the operator of Resorts World Manila, has reported that revenue declined by 12 per cent to PHP4.6bn (US$91.2m) in the second quarter of the year.

08/13/21

Cambodia: casinos in Phnom Penh to remain closed until August 26

Authorities have extended the current restrictions.

08/13/21

Genting Singapore H2 earnings to be similar to H1, analysts say

Banking group Nomura estimates that Genting Singapore’s earnings for the second half of the year will be “at first-half 2021 levels or below.”

08/13/21

Casino Canberra announces seven-day lockdown

Aquis Entertainment has announced the temporary closure of Casino Canberra due to the Australian Capital Territory’s new Covid-19 countermeasures.

08/12/21
Genting Singapore.

Genting Singapore posts a net profit of US$65.0m for H1

08/12/21

Grand Korea Leisure posts a net loss of US$15.5m for Q2

Grand Korea Leisure (GKL) has reported a net loss of KRW18.06bn (US$15.5m) for the second quarter of the year, while sales were up 41.8 per cent year-on-year KRW32.98bn.

08/12/21

Crown Resorts to go into default if it loses licence

In closing submissions to Victorian Royal Commission, Crown Resorts warned that if it loses its licence in the state, there is a “very real potential” of default on its debt facilities.

08/12/21

Hong Kong: Quarantine measures to remain until March 2022

Authorities in Hong Kong have decided to extend quarantine measures until March 31, 2022 due to concerns regarding imported cases of the Delta variant of Covid-19.

08/11/21

Paradise Co casino sales drop 14% in Q2

Paradise Co has revealed casino sales in the second quarter declined 14 per cent year-on-year to KRW30.58bn

08/10/21

Nagasaki chooses Casinos Austria as IR partner

The Nagasaki Prefectural Government has selected Casinos Austria International as its priority choice as a partner for its IR bid.

08/10/21

Kangwon Land posts net profit of US$18.2m for Q2

Kangwon Land has shared its financial results for the second quarter of the year, reporting a net profit of KRW20.9bn (US$18.2m).

08/10/21

New Covid-19 cases detected at Marina Bay Sands

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Alex Leese, Pronet Gaming: “Innovation should solve a real commercial problem”

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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 Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.