Tuesday, August 16, 2022


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Stanley Ho’s passing should not have impact on SJM: Analysts


The death of Stanley Ho is not expected to have any impact on SJM Holdings’ operations, given Ho’s limited involvement in the business since 2009,

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Global gaming to fall 8 percent in 2020: H2


H2 Gambling Capital, a global market intelligence and research firm, is expecting the global gambling market to fall 8 percent in 2020 as a result of

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Macau gaming tax receipt down 13.3 percent in Jan


The Macau government’s income from gaming taxes fell 13.3 percent year-on-year in January, reaching MOP8.8 billion (US$1.1 billion), according to da

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Three months to recover from coronavirus economic impact: MGEMA


A Macau gaming industry trade group says it expects at least three months for the gaming industry to recover from the economic impact of the coronavir

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Cruise ship bookings weak on coronavirus headlines


The cruise ship industry has not been able to escape the economic impact of the coronavirus, with the pace of bookings falling across the industry, ac

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Coronavirus to have cash flow effect on Macau casinos


Rating agency Fitch Ratings said it expects the coronavirus to have a significant cash flow effect on Macau casinos as governments’ precautionary me

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Coronavirus impact on aviation and tourism worse than SARS


The Center for Aviation (CAPA) says it expects the Wuhan Virus will have a ‘vastly’ greater impact on the region’s aviation and tourism than tha

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SkyCity trading update short on financial detail


SkyCity Entertainment confirmed this morning that it would be unlikely to host any events at its fire-damaged international convention center in 2021.

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Osaka fast-tracks Yumeshima environmental impact assessment


Understanding that a seamless permits process is crucial to hopes of opening an IR before the 2025 World Expo, the Osaka prefectural and city governme

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PH AML body to study economic impact of online gambling


The Philippines’ anti-money laundering body is studying the possible impact on the economy should the online gambling industry shut down overnight,

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Xi Jinping visit could impact gaming sector


The upcoming visit of Chinese President Xi Jinping to Macau could have a negative impact on the gaming sector, says equity research analyst Angela Han

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Okada arrest will have no impact on PH license: Universal


Universal Entertainment assured shareholders on Monday that the arrest warrant for Universal Entertainment founder Kazuo Okada will not affect its Phi

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Typhoon Mangkhut dampened otherwise strong Sept GGR


Macau GGR in September rose only 2.8 percent year-on-year - affected by casino closures during Typhoon Mangkhut and related disruptions. According

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Hato impact on Macau operators minimal


Typhoon Hato had only marginal impact on Macau’s six casino operators, with VIP business showing strength in September, said Morgan Stanley in a not

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Minimal impact on Cambodian casinos: New decree


Vietnam’s move to allow locals to gamble should not have a significant impact on casinos in Cambodia, says Ros Phirun, deputy director-general of th

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Gaming tax hike not confirmed yet: Union Gaming


The potential increase in gaming device tax paid by casinos in Russia has not yet been finalized contrary to media reports, says brokerage Union Gamin

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Japan casinos not a threat to Macau: Leong


SJM Holdings executive director Angela Leong doesn’t believe the opening of casinos in Japan will have a strong effect on Macau. Cited by Chinese-la

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Several studies support the legalization of casinos in Thailand


A recent study has revealed the majority of Thais support the legalization of casinos in Thailand as it would enable to the government to earn taxes,

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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