Australia-listed casino operator Donaco International Ltd says it expects a “cash burn run rate”of between US$800,000 and US$900,000 per month during the temporary closure of its two casinos. Such expenses cover costs associated with “maintaining the casino assets” and other...
Industry Talk
Hong Kong-listed Asia Pioneer Entertainment Holdings Ltd says it expects the novel coronavirus pandemic to have a “material adverse impact” on the group’s financial performance and...
Trends & Tech
Jade Entertainment and Gaming Technologies Inc says it has a deal to deploy RPM Gaming Ltd sports betting technology at the Okada Manila casino resort in the Philippines. The utilisation of...
Latest News
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Brokerage Sanford C. Bernstein Ltd has suggested Macau casino gross gaming revenue (GGR) has “plummeted” since mid-March due to a ramping up of travel restrictions by respectively the Macau government, mainland...
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South Shore Holdings Ltd, the promoter The 13 Hotel (pictured) in Macau, says it has applied for a “standstill” with one of its lenders. The move is in order to restrain that bank from enforcement action after it...
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The Philippine authorities have extended the anti-coronavirus lockdown of the country’s main island Luzon until April 30, according to a government statement on Tuesday (April 7). The statement did not clarify what...
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Hong Kong-listed Asia Pioneer Entertainment Holdings Ltd says it expects the novel coronavirus pandemic to have a “material adverse impact” on the group’s financial performance and interim results of the group for...
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Singapore’s two casino resorts are to be closed for a period of four weeks, as the government beefs up its efforts to contain the further spread of the Covid-19 disease there. The significantly stricter...
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A new centralised authority to oversee the entire gambling industry in Singapore will be established by the Ministry of Home Affairs in 2021. The new body – to be called the Gambling Regulatory Authority (GRA) –...
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Japan’s Nagasaki prefecture still plans “this spring” a request-for-proposal (RFP) phase to find private-sector partners in its tilt at having a casino resort. That is according to information relayed...
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Yokohama city (pictured), which is aiming to host one of Japan’s first casino resorts, is expanding the number of public servants coordinating that effort. The metropolis is to increase to 39 from 25 – with effect...
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Australia-listed casino operator Donaco International Ltd says it expects a “cash burn run rate”of between US$800,000 and US$900,000 per month during the temporary closure of its two casinos. Such expenses...
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Hong Kong-listed Asia Pioneer Entertainment Holdings Ltd says it expects the novel coronavirus pandemic to have a “material adverse impact” on the group’s financial performance and interim results of the group for...
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Deutsche Bank (DB) Securities Inc thinks lender conditions on debt held either by United States-based casino group Wynn Resorts Ltd or its Macau-operations arm Wynn Macau Ltd should not be a concern during the current...
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An inquiry into casino operator Crown Resorts Ltd’s suitability to hold a gaming licence in New South Wales, Australia, has been temporarily halted due to the Covid-19 pandemic. New South Wales’ Independent...
From the Press
Indians turn to online gambling
as casinos shut down amid virus
APN News Apr 7
Closure of GEN Singapore casino
to impact 2o2o earnings
The Star Apr 7
More Resorts World Las Vegas
workers test positive for Covid-19
LV Review-Journal Apr 6
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