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.
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.
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 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.
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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Genting U.S. expansion raises eyebrows
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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.
