Macau has halved its forecast for 2020 gross gambling revenue due to the impact of the Covid-19 pandemic and announced new measures to help local business.
The Osaka City Council on Wednesday approved a 9 million yen (about US$83,300) special budget to carry out the environmental impact assessment for the anticipated Yumeshima IR.
SkyCity Entertainment is grappling with capacity issues, as licensing regulations in New Zealand make expansion of its properties difficult.
Macau said it has collected MOP67.2 billion ($8.4 billion) in tax revenue from gaming operators in the seven months through July, more than two thirds of its forecast for the year.
Sega Sammy Holdings President and COO Haruki Satomi revealed at a briefing on April 26 that his company was budgeting up to JPY3 billion ($27 million)
Osaka city has released its FY2019 budget proposal in which a total of JPY163 million (about $1.5 million) is earmarked for direct IR-related expenses
The impact of tax and duty hikes on Genting Malaysia, that were announced in this year’s budget, may not be as bad as initially feared, local media reports, citing a report by UOB Kay Hian Research.
The Tasmanian Labor Party’s threat to pull pokie machines from bars and clubs will result in a loss of jobs and a $31 million hole in the state budg
The Macau government is expecting total expenditure in 2018 to be more than MOP109.6 billion (US$13.6 billion), a 14.5 percent increase from the budge
The Philippines government has directed Philippine Amusement and Gaming Corp. (Pagcor) to sell its casinos in order to raise funds to support the prop
Macau industry observers, gaming analysts, and even casino operators are now admitting that the decade-old party has run out of steam, if not over. The “build it and they will come” maxim and its attendant hubris that has characterized the Macau gaming...
Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.
ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264