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By date / 2020 / Mar

2020-03-31
Landing International Development posted a wider loss for 2019 and said it’s seeking to raise $137.1 million ($17.6 million) through a placing of shares to support general working capital for its operations on Jeju Island, South Korea.

2020-03-31
Australia-listed Silver Heritage Group said its 2019 loss attributable to shareholders widened significantly due to impairment charges on its operations in Nepal.

2020-03-31
Lotto NZ said it’s suspending retail sales and will carry out all its operations online during the lockdown due to Covid-19.

2020-03-31
Success Universe, an investor in Macau’s Ponte 16, said group revenue for 2019 gained two percent to HK$1.14 billion ($147 million).

2020-03-31
Vietnam’s Prime Minister has warned major cities to prepare for a lockdown as it seeks to control the spread of the coronavirus.

2020-03-31
With Moscow and other Russian regions gradually imposing a lockdown amid the coronavirus outbreak, casinos across all Russian gambling zones have susp

2020-03-31
1xBet has recently been given the license to operate in Mexico, issued by the local General Directorate for Games and Lotteries, the Ministry of the I

2020-03-30
Australia’s Aquis Entertainment said it was standing down 90 percent of its staff and executives are taking a pay cut after the closure of its Casino Canberra property as a result of the coronavirus.

2020-03-30
The declining trend in Macau’s gross gambling revenue is unlikely to stop before October, according to analysts at Morgan Stanley, who have cut their estimates for the year. 

2020-03-30
Imperial Pacific International has failed in an attempt to quash a lawsuit from three local businesses who accuse the operator of interfering with their operations.

2020-03-30
Sands China says its lenders have agreed to amendments to a US$2 billion revolving credit facility to avoid being declared in default if some conditions are not met during the crisis.

2020-03-30
Cambodian Prime Minister Hun Sen has ordered the closure of all casinos in the country to halt the spread of the coronavirus and said the Finance Ministry will work with the operators on tax exemptions during the time they are closed.

2020-03-30
The Nevada Gaming Control Board has made a landmark decision to allow its licensed sportsbooks to take wagers on a major video game tournament current

2020-03-30
The average occupancy rate of guest rooms in Macau fell by 76.9 percent in February, due mainly to the ongoing coronavirus pandemic, according to stat

2020-03-30
SBC Events is launching the SBC Digital Summit - the biggest ever online conference in the betting & gaming industry as it comes to terms with the

2020-03-30
Delta Corp. has initiated an Rs. 125 crore (US$16.7 million) stock buyback plan in an attempt to arrest the sharp decline in its share price due to th

2020-03-30
MGM Resorts International says it is implementing aggressive cost-saving initiatives to weather the COVID-19 crisis, after its properties across the U

2020-03-30
As New Zealand has entered its fifth day of a near-total lockdown, casino operator SkyCity Entertainment Group is on negative credit watch from Standa

2020-03-27
From India to Australia, casinos across the Asia Pacific region have closed their doors in response to efforts to combat the spread of the coronavirus, with little to no visibility at present as to the evolution of the situation.

2020-03-27
The Primorsky Krai Development Corp (PKDC), which is responsible for management of the Primorye gaming zone, expects a key project to move ahead in May this year, despite the outbreak of the coronavirus and remains upbeat about the region’s longer-term...

2020-03-20
The gambling sector, the online element in particular, has always been fond of making big claims about how new technologies can be harnessed to improv

2020-03-20
The Covid-19 outbreak has highlighted once again how one of the biggest draws for casino investors in Asia can become the largest liability. Operat

2020-03-18
March has been for Manila. Since the inception of the ASEAN Gaming Summit three years hence, Manila has played host to the industry to discuss the challenges and opportunities the region presents.

2020-03-13
With Macau continuing to haemorrhage VIP gamblers, there has never been a greater onus on operators in the special administrative region to latch on to the relative predictability afforded by the premium and mass markets.

2020-03-13
Asia’s gaming stocks have been pummelled by the outbreak of the coronavirus, but with signs China may be bringing the disease under control, is it nearing the time to re-enter the market?

2020-03-06
Online gaming in India is recording explosive growth, with the total number of gamers expected to hit 300 million by the end of next year, from just 120 million in 2016.

2020-03-06
The Asian igaming sector continues to attract high levels of interest from betting and casino operators targeting markets such as Thailand, Vietnam or Indonesia and, of course, China; which remains by far the biggest of them all.

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