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Capacity not demand seen as key issue in casino reopening

2020-06-09

The lack of capacity due to social distancing measures will be the key challenge for operators in opening their properties and not the lack of demand, says Angel Sueiro, chief operating officer of PH Resorts. 

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NZ to lift all COVID-19 restrictions from midnight

2020-06-08

With no active cases of the coronavirus left in New Zealand and no new cases in a fortnight, New Zealand will be removing all social distancing restri

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SkyCity shares reopening experience as business picks up

2020-06-05

As casinos in Las Vegas begin to open their doors, SkyCity Entertainment recounts its experience as one of the first properties to open in the Asia Pacific region, saying the industry needs to make sure it’s sharing ideas and learning to ensure the...

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Sands China to increase liquidity with senior notes issuance

2020-06-03

Macau casino operator Sands China Ltd has announced the issuance of senior unsecured notes due 2026 and 2030, with net proceeds of approximately US$1.

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Japan lifts state of emergency in remaining prefectures

2020-05-26

Japanese Prime Minister Shinzo Abe has put an end to the country’s state of emergency, lifting the order for Tokyo and its surrounding areas and Hok

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Tokyo prosecutor quits in mahjong scandal

2020-05-22

Hiromu Kurokawa, the head of the Tokyo High Public Prosecutors Office has resigned after admitting he had ignored social distancing rules to play mahjong for cash with reporters, Kyodo News reports.

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APE cancels lease agreements due to non-payment

2020-05-22

Asia Pioneer Entertainment said it was cancelling lease agreements to casinos in Cambodia and the Philippines due to non-payment of rent and said it will write off about HK$26 million ($3.4 million)  in the first half as a result.

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Las Vegas operators offer testing ahead of openings

2020-05-20

Casino operators in Las Vegas have banded together to offer Covid-19 testing for employees prior to their return to work, which is expected to be over

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Bloomberry Q1 net drops 38%, sees slow recovery

2020-05-14

Bloomberry Resorts said its Q1 net income fell 38 percent due to the impact of the coronavirus and it expects a slow recovery.

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Genting SG pessimistic over the remainder of 2020

2020-05-14

Genting Singapore said it remains pessimistic on its outlook for the remaining year, with its flagship property Resorts World Sentosa being “severel

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Macau Feb. arrivals drop almost 96%

2020-03-20

Macau visitor arrivals tumbled almost 96 percent in February due to travel restrictions imposed because of the coronavirus, however, the average length of stay improved. 

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Casino stocks jump on hopes for stimulus

2020-03-19

Casino shares in the U.S. surged on Thursday on the expectation the U.S. government will provide assistance to the sector as part of its economic stimulus efforts.

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Moody’s sees downgrade risk for LVS

2020-03-19

Moody’s has placed the ratings of Las Vegas Sands on review for a downgrade given the steep drop in gaming revenue at its Macau and Singapore operations as a result of the coronavirus.

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GEG provides professional sanitisation for social service associations

2020-03-10

Galaxy Entertainment Group has announced it is working with a global expert in hygiene, Rentokil Initial, to carry out high-efficient air sanitisation

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MGM Resorts, Wynn Macau flags coronavirus concerns

2020-03-02

MGM Resorts and Wynn Macau have identified the coronavirus outbreak as a risk to its businesses but said they are not able to quantify the full extent

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SkyCity share price falls amid COVID-19 fears

2020-03-02

SkyCity Entertainment’s share price has been tumbling amid widespread falls on the New Zealand and international stock markets as fears about the im

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Kangwon Land to reopen Weds, expects KRW11 billion loss

2020-02-25

Kangwon Land has extended its closure to Wednesday, Feb 26, as part of the government’s efforts to combat the spread of the coronavirus.  On Sun

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Sands China concerned over misleading viral video

2020-02-20

Sands China has refuted an online video purporting to show Sands China’s current team member accommodations, which has made its rounds across social

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MGM donates 500,000 surgical masks to Macau government

2020-02-20

MGM says it is closely monitoring the coronavirus epidemic situation and has rolled out a series of epidemic relief and preventive measures over the p

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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