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AGBrief Editorial

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The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

Paradise bond offer to help with liquidity during Covid-19

Paradise Co Ltd says its KRW100 billion (US$87.3 million) bond sale was to raise liquidity during the Covid-19 crisis, while it's also working to control costs and restructure.

MGM ranks 107 in world’s best employers list

MGM Resorts International (NYSE: MGM) was ranked No. 107 on Forbes' list of 750 World's Best Employers for 2020, the only company on the Las Vegas Strip to make the list.

Adelson top donor to Trump’s reelection efforts

Las Vegas Sands Chairman Sheldon Adelson and his wife Miriam Adelson became the biggest contributors to Donald Trump’s re-election effort, with $75 million in donations to a super-PAC that is spending heavily on television ads supporting the president.

Anti-corruption drives, capital flow focus, add to Macau woes

A sign Beijing is once again ramping up its anti-corruption rhetoric, combined with an increased focus on capital outflows, are likely to be further factors hindering recovery in Macau.

Your Daily Asia Gaming eBrief: Tina Sablan on IPI Saga

There has been a reset of the IR development timeline in Japan, adding a degree of credibility to the process that has been missing for many months. Down in Australia, it has been impossible to miss the calamity which has befallen Crown Resorts, whose central figure, James Packer, has in the wake of his testimony at the New South Wales probity hearings made a transition from being merely controversial to becoming positively toxic.

Monitoring the Mekong

Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.

Van Don eyes tourism/entertainment hub

Vietnam is seen as one of the most promising emerging markets in Asia and recent changes in regulation will unlock plans for an ambitious project to create a Macau-style entertainment hub.

Regions seen as outperformers

Regional casinos in the Philippines are likely to resume their outperformance once the global pandemic eases as infrastructure improves and major projects come online.

Reading Japan’s political runes

The appointment of Yoshihide Suga as prime minister of Japan may have subtly shifted the sands when it comes to the two top contenders to host an integrated resort in their cities.

Russia growth prospects fail to excite

Summit Ascent Holdings says it remains “cautiously optimistic” about the long-term future of Russia’s Far Eastern gaming zone, but has begun looking for faster growth opportunities.