Tuesday, August 09, 2022


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SkyCity convention centre faces significant delay after fire


SkyCity’s convention centre is likely to be delayed by at least another year after a fire, leaving commentators scrambling to assess the financial impact.

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SVH delays results due to Nepal sale


Silver Heritage Group said there would be a delay to filing its interim results as it has decided not to prepare the accounts on an ongoing concern basis due to the sale of its operations in Nepal.

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No decision on Hokkaido IR bid until next year


Hokkaido Governor Naomichi Suzuki is now expected to delay until early 2020 his final decision on whether or not to go forward with an IR bid.

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Analysts believe first Japanese IRs will open in 2026


Despite Osaka’s strong desire to open its Yumeshima IR in 2024, before the World Expo, a new research brief from Global Market Advisors predicts that this timeline will now prove to be too ambitious, and in fact the first Japanese IRs will not able...

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Hokkaido shifts to the slow lane on IR policy


The central government’s delay in firming up the regulatory framework for the IR industry appears to have convinced new Hokkaido Governor Naomichi Suzuki that he might as well shift to a slower lane as well, taking more time to decide his basic policy...

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National government to delay IR regulations until next year


The Abe government is pulling back from the planned July 1 establishment of the Casino Management Board and the issuance of more specific IR bidding regulations out of concern that Japanese public opinion remains hostile to the legalization of casino...

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Hopes for early IR bill passage fade


Hopes that the IR Implementation Bill will be passed before the June 20 end of the Ordinary Diet Session are quickly fading as the administration of P

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Baha Mar ready to open in April, but no casino license yet


The Baha Mar resort in the Bahamas is scheduled to hold a soft opening on April 21 and its casino floor is stocked with machines, though the IR still

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Police suspect foul play in Grand Lisboa Palace fire


Authorities suspect foul play in a fire that broke out at the construction site of SJM Holding’s new casino on Cotai, the Grand Lisboa Palace, local

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Tiger Resorts says Okada Manila on track to open in Dec.


Tiger Resort, Leisure and Entertainment says it’s on track to open Okada Manila by year end, becoming the third and biggest property to open in Ente

Playtech abandons Plus500 acquisition


Playtech has given up its planned £460 million acquisition of online contracts broker Plus500, the company announced. Agreed in June, the acquisition

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Playtech encounters delays in Plus500 acquisition


Playtech announced that it expects to complete its $105 million takeover of Ava Trade by the end of September or early October, but has encountered re

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First casino at Primorye opening date delayed


The launch of the first casino at Primorye gaming zone, which was set to open on September 1, has been postponed yet again due to "slow construction w

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Tigre de Cristal resort grand opening delayed to late October


Summit Ascent Holdings announced that the grand opening of its casino development in Russia has been delayed to late October, with a soft opening sche

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MGM looks to delay opening Massachusetts casino by a Year


MGM wants to delay the opening of its planned resort casino in western Massachusetts by a year because of a major highway project taking place nearby,

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Tiger Resorts forfeits $2.2m guarantee, may lose permit


Tiger Resorts Leisure and Entertainment has lost a $2.2 million guarantee paid to the Philippine gambling regulator and its provisional gaming license

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Fung affirms commitment to Yorkeys Knob project


Aquis Group chairman Tony Fung said he is  “totally committed” to the Aquis Great Barrier Reef Resort project at Yorkeys Knob despite speculation

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Australia's new casinos to drive revenues


Australian research company IBISWorld has predicted that the launch of three new casinos in the country will result in gaming revenue reaching more th

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ASF rethinks $6.5 billion Queensland project


ASX-listed company ASF Consortium has started redrawing its $6.5 billion project amid confusion over the parameters to be set by the new Queensland go

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