Thursday, October 24, 2019
Star Vegas (file)

Donaco proposes name change

Donaco is proposing a name change to Pan Asian Leisure as a statement that it’s leaving the past behind following an “unacceptable” financial performance.

IMF sees negative Macau GDP until 2022

Macau’s economy is likely to shrink this year and remain in negative territory until 2022, according to the International Monetary Fund.

Luck helps Macau Oct. GGR: Bernstein

Gross gambling revenue in the first 20 days of October is likely to be about MOP18.6 billion ($2.3 billion), with the luck factor helping offset lower VIP.

Genting Malaysia theme park seen opening in Q3/2020

Genting Malaysia is planning a soft opening of its theme park in Q3, 2020, though the park will be more expensive than anticipated.

Casino Management Board set for Jan. 7

The Abe Cabinet adopted an ordinance on Friday to establish the long-awaited Casino Management Board on January 7, 2020.
Yumeshima

Osaka might rent, not sell, Yumeshima land

Osaka Mayor Ichiro Matsui is leaning toward a policy that would see the 49 hectares of land utilized for IR development at Yumeshima rented to the operator.
Japan street (file)

Almost two thirds of Japanese oppose IRs

Japan’s public continues to be firmly opposed to IRs, with a new survey finding 60 percent are hostile on concern that public security will deteriorate. 
Crown Resorts

Crown reaches accord over $270m tax bill

Crown Resorts said it has reached an accord with the Australian government over a U$270 million tax bill related to its investment in Cannery Casino Resorts in the U.S.

Macau casino exclusions hit 148 in Q3

Macau received a total of 148 exclusion requests in the third quarter, putting exclusions on track for a record high, according to figures from the regulator.
Resorts World Catskills

Genting rejects Empire investor’s allegations

Genting Malaysia says a lawsuit filed by an investor against Empire Resorts is without merit.

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Resorts World Catskills

Genting U.S. expansion raises eyebrows

Genting Malaysia is pushing ahead with its overseas expansion plans, though analysts its acquisition of Empire Resorts will weigh on long-term earnings. 

Kamakura City Council rejects anti-IR resolution

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Mobile iGaming

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Aristocrat and Warner Bros. to launch Crazy Rich Asians slot game

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Malaysia budget ups gambling penalties

Malaysian Finance Minister Lim Guan Eng has introduced stiffer penalties for illegal gambling in the country’s annual budget.