AGBrief Editorial

Ratings agency Fitch has again taken its red pen to Genting Group and its subsidiaries, downgrading its outlook from negative to stable. The long-term issuer default rating remains at BBB.

Social Justice Party activists in Coimbatore urged the government to ban online gambling after two people committed suicide after losing money.

The New South Wales government should consider banning James Packer from being involved with Crown Resorts' new Sydney casino after revelations he sent a threatening email to a businessman, a suitability hearing heard. 

Macau's Judiciary Police has apprehended several individuals suspected of money exchange fraud in the territory's casinos in six different cases. 

Gaming startups in India have urged the government to properly regulate online gambling, saying its losing a substantial source of potential tax revenue. 

The permission given to land-based operators in the Philippines to go online may have some sting in its tail in the form of exceptionally high tax rates. We take a deeper look at the enormous Greater Bay Area initiative. It carries significantly positive dimensions but, arguably, won’t necessarily help Macau to diversify its economy. Let the nail biting begin! Lawyers wrapping up the New South Wales inquiry have described Crown Resorts as “unsuitable” for operating a casino. The A$2.2 billion tower in Barangaroo, supposedly to open in December, hangs in the balance. No definitive word on the US election, yet.

The Macau government is considering the possibility of easing its months-long ban on foreigners entering the territory, provided that they enter from Covid-19 low-risk areas, such as the Chinese mainland.

The Foreign Investment Review Board (FIRB) of Australia has decided to raise no objection to HatchAsia, a subsidiary of DFNN, taking a 92 percent interest in the Silver Heritage Group.

Sega Sammy Holdings has announced that it will transfer 85.1 percent of its shares in Sega Entertainment, which operates amusement facilities, to the company Genda. Sega Sammy’s share will thus fall to 14.9 percent.

Anti-casino activists in Yokohama have flexed their political muscle by gathering more than 150,000 resident signatures within two months. This was more than twice the threshold that they needed to trigger a referendum.