Friday, July 10, 2020

IPI seeks accord on account to continue works

Imperial Pacific International is seeking permission to form a restricted account, instead of posting a bond, that will allow it to maintain cash flow to pay employees on time, according to local media reports.

MGM online unit raises $250m

Roar Digital, a U.S. sports betting and online gaming company, said its shareholders, MGM Resorts and GVC have committed to a second round of investment, bringing the total to $450 million. 

King of gambling to be laid to rest in HK on...

Macau’s “king of gambling,” Dr Stanley Ho, will be laid to rest at a funeral in Hong Kong on Friday after a public vigil on Thursday.

Police raid Gamatron Studio office in Taipei

Police have raided the offices of Gamatron Studios in Taipei’s Neihu Technology Park, arresting 31 people, including the top...

1XBet shortlisted for Global Gaming Award

1xBet has been shortlisted at the Global Gaming Awards in the “Digital Product of the Year” category. 

Cambodia passes casino regulation

Cambodia’s cabinet on Monday passed long-awaited draft legislation to cover its casino industry, according to reports in the Phnom Penh Post. 

Star Gold Coast to focus on local high rollers

Star Entertainment’s Gold Coast property plans to focus on luring Australia’s high rollers in the absence of overseas tourists, Group Executive of Operations Geoff Hogg told a local newspaper.

Melco backs Studio City’s $500m placement

Melco Resorts & Entertainment said one of its units will take up all of its entitlement to shares in a $500 million private placement from Studio City International Holdings and will also buy up any remaining shares that are unsubscribed.

Poor regulation undermines CNMI gaming industry

“As soon as we catch up on our cash flow, we will also catch up on payroll,” a spokesperson for the casino resort in the Commonwealth of the Northern Mariana Islands told reporters.

Genting ramps up online business in Europe

Genting Group, one of the world’s largest casino companies, has been investing in expansion of its online business in Europe at a time when more land-based operators are eyeing adding a digital strategy to cushion the impact from Covid-19.

Are we really a nation of gamblers?

The shutdown of gambling venues due to Covid-19 may drive people at-risk of addiction to increased online gambling and harm. For others it might create a relief from the constant access to problematic pokies.

Jeju casinos at highest risk from Covid-19 downturn

South Korea’s three major operators are likely to come through the economic downturn caused by the Covid-19 pandemic without too much difficulty, but the smaller and weaker operators on the island of Jeju may face a much tougher time, analysts say.

Coronavirus live updates: Renewed Victoria lockdown hits Crown Melbourne reopening plans

The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...

Covid-19 creates “unsustainable” eSports bubble

The current surge in eSports viewership and betting is unlikely to be sustainable once sporting events return to normal post the Covid-19 pandemic, according to leading industry figures participating in Asia Gaming Brief’s recent webinar.

SkyCity shares reopening experience as business picks up

As casinos in Las Vegas begin to open their doors, SkyCity Entertainment recounts its experience as one of the first properties to open in the Asia Pacific region, saying the industry needs to make sure it’s sharing ideas and learning to ensure the doors stay open.

AGB Webinar: South Korea Casino Recovery

The fifth edition of the AGB Webinar Series will take you to South Korea, one of the first countries to reopen their gaming industry...

ASEAN Gaming Summit

  The ASEAN Gaming Summit returns on 22-23 September 2020 at the Shangri-La BGC in Manila, the Philippines for its high-anticipated fourth edition. Following popular demand, the three-day...

iGB Live! Online

SBC Summit Barcelona Digital

GTI Asia China Expo 2020

IAGR Conference Boston 2020