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Newsletter 5

IMGL launches global magazine on gaming law

IMGL launches global magazine on gaming law

Apr 15, 2021 Newsdesk Industry Talk, Latest News, World  

Non-profit organisation International Masters of Gaming Law (IMGL) has announced the launch of a global magazine dedicated to gaming law. The new publication – titled IMGL Magazine – replaces...
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Cambodia’s Phnom Penh curfew extended to April 28

Cambodia’s Phnom Penh curfew extended to April 28

Apr 14, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  

A nighttime curfew in Cambodia’s capital city, Phnom Penh, host of the NagaWorld casino resort, has been extended for an extra two weeks, to April 28. The nighttime curfew was first...
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Sci Games outlook now stable on gaming recovery: Moody’s

Sci Games outlook now stable on gaming recovery: Moody’s

Apr 12, 2021 Newsdesk Industry Talk, Latest News, Top of the deck, World  

Moody’s Investors Service has upgraded the outlook of a unit of casino equipment provider Scientific Games Corp, to ‘stable’, from ‘negative’. In a rating update issued...
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Macau, mainland bust gambler-targeted money scam ring

Macau, mainland bust gambler-targeted money scam ring

Apr 08, 2021 Newsdesk Latest News, Macau, Top of the deck  

Macau’s Judiciary Police announced on Thursday that they had broken up a scam ring allegedly specialising in the use of ‘bank-teller training notes’ (pictured) in order to cheat gamblers in...
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GEN Malaysia may deleverage within 2 years says Fitch

GEN Malaysia may deleverage within 2 years says Fitch

Apr 07, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  

Casino operator Genting Malaysia Bhd should be able to “deleverage in one or two years” thanks to “gradual” recovery in demand following the Covid-19 pandemic, and thanks to maintaining...
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Scientific Games launches Mural cabinet

Scientific Games launches Mural cabinet

Apr 06, 2021 Newsdesk Latest News, Trends & Tech  

Casino equipment provider Scientific Games Corp unveiled last week its latest cabinet, called Mural (pictured in an artist’s rendering). It features a dual curved display and has 4K resolution....
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NagaCorp 1Q GGR recovery hurt by Covid-19 shutdown

NagaCorp 1Q GGR recovery hurt by Covid-19 shutdown

Apr 06, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  

Hong Kong-listed casino operator and developer NagaCorp Ltd says it had “continued to record recovery” of gaming volumes in the first quarter of 2021. That was up until February 20, when the...
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Genting issuing US$350mln notes for Las Vegas project

Genting issuing US$350mln notes for Las Vegas project

Apr 01, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck, World  

Malaysia-based gaming conglomerate Genting Bhd says two subsidiaries are to issue US$350-million worth of senior notes, primarily toward repaying borrowings linked to the Resorts World Las Vegas...
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Razon vigorously to oppose GGAM New York suit: filing

Razon vigorously to oppose GGAM New York suit: filing

Mar 31, 2021 Newsdesk Latest News, Philippines, Top of the deck, World  

Philippine casino operator Bloomberry Resorts Corp has confirmed that the firm’s chairman and chief executive, Enrique Razon, and some of the group’s units have been sued in the U.S. District...
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Success Universe complex posts US$31mln 2020 EBITDA loss 

Success Universe complex posts US$31mln 2020 EBITDA loss 

Mar 31, 2021 Newsdesk Latest News, Macau, Top of the deck  

Success Universe Group Ltd, an investor in Macau casino hotel Ponte 16 (pictured), said the property recorded negative adjusted earnings before interest, taxation, depreciation and amortisation...
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Features

  • Maybe only handful Macau junkets can survive: trade rep
    Maybe only handful Macau junkets can survive: trade rep

    Apr 01, 2021  

    Possibly only a “couple” of Macau’s VIP gaming...
  • Local play key for Vietnam casino resort future: experts
    Local play key for Vietnam casino resort future: experts

    Mar 18, 2021  

    Vietnam’s large-scale casino resorts are not likely to...
  • Macau must clarify VIP sub-agent legal status: scholar
    Macau must clarify VIP sub-agent legal status: scholar

    Mar 12, 2021  

    Key regulatory issues on casino gaming to be addressed by...
  • Single gambling regulator for Singapore logical: experts
    Single gambling regulator for Singapore logical: experts

    Jun 05, 2020  

    Singapore’s plan to establish by 2021 a new body known as...
  • Casino cities embrace online play or lose out: experts
    Casino cities embrace online play or lose out: experts

    May 25, 2020  

    The coronavirus pandemic has been touted in some quarters...

Partners

From the Press

Singapore, HK 'finalising details'
of air travel bubble: Minister

The Straits Times Apr 14

HLIB turns positive on long-term
prospects of Genting Malaysia

The Edge Markets Apr 14

Las Vegas is set to come out
of Covid-19 better than ever

CNN Apr 14

Pick of the Day

”We ... model that VIP GGR [in Macau] can ultimately only recover to about half of pre- Covid-19 levels, despite opening of multiple high-end properties”

DS Kim, Derek Choi, and Livy Lyu

Analysts at JP Morgan



Most Popular

  • Three Manila casinos say still shut despite eased lockdownThree Manila casinos say still shut despite eased lockdown April 13, 2021
  • Macau seeks mutual vaccine recognition with Guangdong: CEMacau seeks mutual vaccine recognition with Guangdong: CE April 13, 2021
  • Macau casino 1Q EBITDA softer sequentially: MSMacau casino 1Q EBITDA softer sequentially: MS April 12, 2021
  • Philippines needs AML reform on casino biz: IMFPhilippines needs AML reform on casino biz: IMF April 12, 2021
  • Macau 1Q VIP GGR bad at 20pct pre pandemic: JP MorganMacau 1Q VIP GGR bad at 20pct pre pandemic: JP Morgan April 14, 2021
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