Archive

_2021-04-01
Gross gambling revenue in Macau was up 14 percent from the prior month as visitation volume increased and was down 68 percent from pre-crisis levels in 2019, according to figures from the Gaming Inspection and Coordination Bureau (DICJ).

_2021-04-01
Galaxy Entertainment has become an investor favourite and is likely to boost its mass and premium mass market share as the Macau market recovers, Bernstein Research wrote in a note upping its target share price on the company.

_2021-04-01
In Australia, there may be some light at the end of the tunnel for Crown Resorts, after ILGA chairman Peter Crawford hinted that there is a possibility that Crown can regain its casino license in Sydney in the second half of this year.

_2021-04-01
Casino 32Red has gone live with games from Australian studio Lightning Box thanks to an aggregation deal with Microgaming.

_2021-04-01
It's well over six months into the administration of Yoshihide Suga, but the government has given scarce information about its IR development plans.

_2021-04-01
The leading opposition party in Japan, the Constitutional Democratic Party of Japan, published a list of its basic or fundamental policies this week, including a pledge to abolish casinos.

_2021-04-01
Analysts at UBS don’t expect the same level of travel restrictions to Macau to be in place during May’s Golden Week as it had been for February’s Lunar New Year holidays. 

_2021-04-01
It’s been just over a year, almost to the month, and the current global situation remains, in my view, quite surreal, says DRGT CEO Jurgen de Munck.

_2021-03-31
Jennifer Song, equity analyst with Morningstar, spoke with Asia Gaming Brief managing editor Sharon Singleton about visitation to Macau during the recent Chinese New Year period and the outlook for recovery. The longer-than-usual May holiday may be a...

_2021-03-31
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_2021-03-31
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_2021-03-31
Pacific Asia Travel Association (PATA) CEO Dr. Mario Hardy sees a slow recovery for Asia’s tourism markets, though remains optimistic about the future of travel.

_2021-03-31
Dealer wages in Macau's six concessionaires as of March this year ranged between MOPO21,500 and MOP22,100 ($2,759) a month, with the highest average being paid by MGM China, followed by Sands China, the New Macau Gaming Staff Rights Association said.

_2021-03-31
We start the day with news that Suncity Group is cutting costs at its flagship Hoiana resort in Vietnam to ride out the pandemic storm.

_2021-03-30
It’s a term that’s frequently over-used, but if you were a land-based gaming operator in Asia last year, it truly was an “annus horribilis.”

_2021-03-30
While land-based casinos suffered during the Covid pandemic, the damage was far greater for casino cruises.

_2021-03-29
Tabcorp says it’s taking time to carry out a strategic review of its businesses to extract more value for shareholders after receiving unsolicited bids for its wagering and media business, which it says were too low.

_2021-03-29
Tabcorp Holdings said it views the unsolicited approaches for its wagering and media business are too low. The proposals, including an offer from the U.K.'s Entain, were for $3 billion.

_2021-03-29
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