Macau GGR forecast drops 1 pct

Brokerage Sanford C. Bernstein lowered its Macau GGR forecast for the month of June by 1% as the US-China trade war continues.

CNMI to introduce new gambling tax

Lawmakers in the CNMI filed a bill to introduce a 10% gambling tax on net revenue.

Two years after a deadly attack on the gaming floor, Resorts World Manila reopens the second floor of its casino area.

The government from Cambodia has granted 13 casino licences between January and April, 2019, reaching a total of 163 permits.

The company was part of G2E Macau and analyses its performance in the event and across Asia.

Former chief of the RSS Subhash Velingkar fired at Chief Minister Pramod Sawant for backing the Goa casino industry in a recent statement.

The Quezon City Council has approved an ordinance that establishes that locals must pay a casino entry levy.

Analysts at Bernstein said that they expect Macau’s gross gaming revenue (GGR) to be up between 3 to 5% in June.

Melco Resorts Philippines confirmed that as of today, the company is delisted from the country’s stock exchange.

Analysts from Morgan Stanley said that VIP will continue its decline in Macau in 2019.

The Kyushu Governor’s Association confirmed their support for a Nagasaki IR bid as the casino industry nears in Japan.

After policy delays, Global Market Advisors said that Japan’s IRs won’t be ready in time to open before 2026, as the government originally wanted.