Archive

_2020-11-30
A Philippine senator is calling for an end to the Visa Upon Arrival scheme for Chinese nationals, which could potentially be a blow for both land-based casinos and the country’s Philippine Offshore Gaming Operators (POGOs).

_2020-11-30
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_2020-11-30
Secretary for Economy and Finance Lei Wai Nong has said Macau's economy is likely to shrink by 56.8 percent this year. That's slightly better than earlier estimates for a decline of 60.9 percent.

_2020-11-30
RGB International, a Malaysian gambling supplier, said it sees a slow recovery for gaming in Asia, but remains cautious for the rest of the year. The company posted a loss of MYR12.4 million in Q3, narrowing from MYR14.4 million the prior quarter.

_2020-11-30
Kingston Financial posted HK$13.5 million loss from its Macau gaming business in the six months to end-September, down 106 percent from the prior-year period. The group also announced it is extending its casino service contract with SJM Holdings for a...

_2020-11-30
China plans to permit cruise ships to set sail from December, but only between Chinese ports and with no international cruise operators allowed to resume operations.

_2020-11-30
This is the last day of November, so not much remains of the calamitous year of 2020. In our First Word, we briefly ponder the insight that, in the Covid-19 crisis, “destination is the function of the journey,” meaning in part that policies established...

_2020-11-30
We enter a week, and the final month of the year, with a global economy tipping wildly between extremes of optimism and pessimism.

_2020-11-30
It’s yet to break into the big league when it comes to India’s fast-growing online fantasy sports market, but gaming startup PlayerzPot has caught the attention of investors, raising $3 million to accelerate its expansion plans. 

_2020-11-30
Secretary for Economy and Finance Lei Wai Nong announced on Friday that the Macau government would press ahead with work on legislation next year to renew the casino concessions and is not considering any delays related to the Covid-19 pandemic.

_2020-11-30
South Shore Holdings, owner and operator of The 13, has reported for the April to September period a loss attributable to owners of the company of HK$429 million (US$56 million) on the back of HK$5.1 billion in total revenues.

_2020-11-30
Two employees at two different offshore casinos in Goa have tested positive for Covid-19 infection, another blow to the industry’s prospects as it attempts to emerge from the long period of pandemic-related business suspension.

_2020-11-30
Unlike the very successful effort to gather signatures for a referendum on IR development, the signature-gathering campaign to recall Yokohama Mayor Fumiko Hayashi is limping its way toward its December 5 deadline, clearly destined to fall far short of...

_2020-11-30
Grand Korea Leisure has been recognized for the third consecutive year as having the most robust anti-money laundering system of any other casino firm in South Korea.

_2020-11-30
CNMI Governor Ralph DLG Torres has made it clear that if the curtain comes down on Imperial Pacific International’s operations in Saipan, it’s not going to result from any action that he is prepared to take.

_2020-11-27
Indian fantasy sports company founded in 2015 by Yogesh Diophode and Mitesh Gangar.

_2020-11-27
Behind the sea of red in Genting Malaysia’s Q3 results, analysts found reason for cheer in the performance of its domestic operations, which generated a positive EBITDA of RM541 million ($133 million) in the quarter.

_2020-11-27
TAB New Zealand reported net profit for October of $15.8 million, which was $4.4 million above budget and $3 million above last year. Profit was driven by strong domestic and international racing and by the All Blacks' first international appearance since...

_2020-11-27
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_2020-11-26
Jurisdictions benefiting from local support will continue to outperform in the first half of next year, with destination markets such as Singapore, Macau and Las Vegas, likely to begin a faster pace of recovery in the second half once vaccines become...

_2020-11-25
Darang Candra, director of Southeast Asia for Niko Partners speaks with Asia Gaming Brief asia editor Felix Ng about interesting trends seen across esports, PC, and mobile gaming in 2020 - with insights drawn from their 2020 Asia Games Market Report.

_2020-11-24
This week's "By The Numb3rs" by Asia Gaming Brief comes just after the announcement of Pfizer and Moderna's covid-19 vaccine, which is now nearing the end of its stage 3 clinical trials - complete with promising results.

_2020-11-20
Dennis Valdes, former head of igaming company Philweb and now president of property developer Alphaland talks with AGB managing editor Sharon Singleton. He reflects on the development of the Philippine market and current state-of-play.

_2020-11-18
Martin Williams, Vixio Gambling Compliance journalist and Asia editor, talks with AGB managing editor, Sharon Singleton, about whether the election of Joe Biden as president of the United States may help to reset rock-bottom Sino-U.S. relations. He says...

_2020-11-17
While the number of contenders willing to host an integrated resort has dropped dramatically since January, four runners - Yokohama, Osaka, Wakayama, and Nagasaki are continuing their campaign win a spot in Japan's integrated resort future. 

_2020-11-13
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.

_2020-11-13
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.

_2020-11-13
CTR vice president of sales Michael Keen speaks with Asia Gaming Brief managing editor Sharon Singleton about the glitches in the global supply chains following Covid and the latest buying trends from operators and suppliers. He also talks about the impact...

_2020-11-11
Ben Lee suggests that Macau might switch over its local economy, including its massive casinos, away from the Pataca or Hong Kong Dollar to the Digital Yuan. He sees this as an “elegant solution” for many of Macau’s economic challenges, and one...

_2020-11-10
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_2020-11-06
Adam Steinberg talks about the differences in culture and work ethic between the US and Cambodia, as well as the thinkings behind decisions made relating to online gaming and Japan.

_2020-11-04
Gary Tham, Jinbei director of strategic & planning, speaks with Asia Gaming Brief Managing Editor Sharon Singleton about the company’s experience post-Covid and the Cambodian online ban. While the longer-term future looks bright, there’s no longer...

_2020-11-03
Asia Gaming Brief asia editor Felix Ng explores the data coming out of the latest IMF World Economic Outlook Report, focusing on the GDP growth trajectory among Asia's key gaming jurisdictions and tourist source markets.