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Sihanoukville casinos given reopening green light

2020-08-12

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.

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

2020-08-11

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.

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Operator stocks bounce on IVS renewal news

2020-08-10

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.

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

2020-08-06

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

2020-07-29

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

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Travel bubble important catalyst for MBS, RWS: Bernstein

2020-07-29

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.

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Genting Singapore seen posting 2020 loss: Maybank

2020-07-23

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.

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China outbound travel appetite still holding strong: COTRI

2020-07-21

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.

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Visitation improving but lack of IVS limits gains: Bernstein

2020-07-20

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.

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GKL June sales rise 20% from May

2020-07-07

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.

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

2020-07-06

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.

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Australia properties announce latest reopening steps

2020-07-01

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.

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Social distancing to cap Genting Malaysia visitation

2020-06-19

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.

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Visitors to Macau down 99.5 percent in May

2020-06-19

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

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

2019-05-17

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....

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Star Vegas recovering after Thai vendor spat

2018-04-16

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

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CNY revenue disappoints despite higher visitation

2018-02-19

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

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Improving infrastructure to drive mass, non-gaming spend

2017-01-25

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

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Macau expected to see 5-9 percent GGR increase

2016-10-11

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

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