Wednesday, August 17, 2022


Sihanoukville casinos given reopening green light


Casinos in Sihanoukville have been given a green light to reopen by the country’s health ministry as part of a phased reopening of the industry in the country and some are already back in business.

Title image
IVS to restart in Guangdong in Aug., all China in Sept.


China has confirmed it will begin issuing individual visit scheme visas for the whole of Guangdong province on August 26 and will extend the program to all of China from Sept. 23.

Title image
Operator stocks bounce on IVS renewal news


Shares in Macau’s six casino operators were sharply higher Monday after the Macau government announced the long-awaited news that individual visit scheme visas would be renewed from August 12.

Title image
China domestic flights, trains back to pre-virus levels, travel strong


Chinese domestic flights and hi-speed train links are back to their pre-virus levels of volume and there is still a strong demand for travel with 100 million trips in the first week of May and 80 million in the three-day Dragon Boat festival in June.

Border easing a positive step, but limited impact on GGR


The latest border easings between China and Macau are a positive step but will have limited impact on gross gambling revenue, analysts said.

Title image
Travel bubble important catalyst for MBS, RWS: Bernstein


The creation of a travel bubble between Malaysia and Singapore is seen as a significant catalyst for the island’s two IRs, although severe capacity restrictions will create headwinds, according to Bernstein analysts.

Title image
Genting Singapore seen posting 2020 loss: Maybank


Genting Singapore is expected to post a loss for this year as the recovery is taking longer than expected, according to analysts at Maybank Kim Eng.

Title image
China outbound travel appetite still holding strong: COTRI


According to the China Outbound Tourism Research Institute (COTRI), Chinese demand to travel overseas remains strong and businesses in the industry are expecting a big improvement by 2022 from 2019 levels.

Title image
Visitation improving but lack of IVS limits gains: Bernstein


Macau has seen improved visitation since the easing of travel restrictions with Mainland China, though progress is slow and a V-shaped recovery is not expected, Bernstein Research said in a note.

Title image
GKL June sales rise 20% from May


Grand Korea Leisure saw casino sales in June rise 20.5 percent from the prior month, boosted by revenue from table games, although they showed a drop of 68 percent from the prior year.

Title image
Focus on opex as operators poised to report “worst" quarter ever


Macau’s six operators are likely to post the worst quarterly performance ever in Q2, with the focus likely to be on who has done the most to control operating expenditures during the period, Morgan Stanley reports in a note.

Title image
Australia properties announce latest reopening steps


Star Entertainment says it moves to the next stage in reopening at its Sydney property from Wednesday, whilst casinos in Queensland get ready to open their doors from Friday.

Title image
Social distancing to cap Genting Malaysia visitation


Social distancing measures will cap capacity at Genting Malaysia and it may take two to three years before visitation levels get back to 2019 levels, Affin Hwang Capital Research said in a note, cited by The Edge.

Title image
Visitors to Macau down 99.5 percent in May


The Statistics and Census Service (DSEC) has reported that there were only 16,133 visitor arrivals to Macau in May 2020, which represented a year-on-y

Title image
What’s in a name?: Effective branding of casino properties


The role of branding in the marketing of casino properties has somewhat lessened in significance over the last two decades. One major reason for this decline in significance are the mergers and acquisitions which have gathered steam during this period....

Title image
Star Vegas recovering after Thai vendor spat


Donaco International said the performance of its Star Vegas casino in Cambodia is showing signs of recovery after being hit by illegal competition fro

Title image
CNY revenue disappoints despite higher visitation


Gross gambling revenue over the Chinese New Year period was disappointing, despite higher visitation to Macau, according to Bernstein analysis. Accord

Title image
Improving infrastructure to drive mass, non-gaming spend


While Macau’s infrastructure remains a limiting factor in driving visitation, mass gaming revenues and non-gaming spend, recent projects may see thi

Title image
Macau expected to see 5-9 percent GGR increase


Macau’s gross gaming revenue for the first 10 days of October hit MOP 9.8 billion, implying an ADR of MOP 975 million, said Bernstein in a note on T

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

3rd party / Cookies
Show settings
Contact us

PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief