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Macau 2020 GGR forecast halved

2020-03-19

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. 

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Osaka passes IR assessment budget

2019-10-10

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.

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SkyCity tackles licensing hurdles

2019-08-16

SkyCity Entertainment is grappling with capacity issues, as licensing regulations in New Zealand make expansion of its properties difficult. 

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Macau gaming tax revenue gains 2.3 percent to July

2019-08-15

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.

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Sega Sammy preparing budget and consortium for Japan IR bid

2019-05-06

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)

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Osaka city budgets for IR and Yumeshima development expenses

2019-02-17

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

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Genting tax impact may not be as big as feared

2018-11-21

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.

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Tasmania pokie assault to cost jobs: GTA

2017-12-18

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

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Macau total expenditure to reach record high in 2018

2017-11-20

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

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Pagcor to sell casinos, issue licenses outside Manila

2016-08-28

The Philippines government has directed Philippine Amusement and Gaming Corp. (Pagcor) to sell its casinos in order to raise funds to support the prop

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Fixing ailing Macau casinos: A few words of experience

2016-05-05

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...

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