Friday, April 16, 2021

Genting SG disregards resolution to increase Lim performance shares

Genting Singapore on Thursday announced it has disregarded a resolution which would see an increase to chairman Tan Sri Lim Kok Thay’s performance share scheme (PSS) limit. 

Lotte Tour turnaround on the cards: SK Securities

Lotte Tour Development has the potential to see a turnaround in its performance this year, according to SK Securities analyst Seung-Doo Na.
Macau, gross gambling revenue

Macau to reduce blue cards if unemployment continues rise

Macau Labor Affairs Bureau (DSAL) deputy director believes there will be fewer blue-card holders in Macau if the unemployment rate continues to rise. The last time unemployment was this high was around 2009-2011, shortly after the global financial crisis. Chan added that some industries will suffer more than others. 

Interview with Bobby Soper: Expansion in Korea and hopes for Japan

Bobby Soper, the newly appointed international president at Mohegan Sun, talks to Asia Gaming Brief about the group’s vision for its resort in Incheon, South Korea and aspirations for a license in Nagasaki, Japan. He says the group’s entertainment-focused, non-gaming model will help to cushion Mohegan from the notorious volatility in South Korea’s foreigner-only casino market.

Pachinko revenues running 75% pre-pandemic levels

Across Japan, pachinko parlor revenues are running at about 75 percent of the levels that they attained before the onset of the Covid pandemic.
Macau, tourism, stimulus package

Gaming focus, China policies constrain Macau credit rating

Macau's narrow economic base and its high concentration of tourists from China restrain the city's credit rating and have contributed to historically high levels of gross domestic product volatility, Fitch Ratings says.

Macau Q1 gaming tax revenue drops by half

Macau's tax revenue take from its gambling industry fell by 50 percent in Q1 to MOP9.1 billion ($1.14 billion), according to the Financial Services Bureau.

LVS launches ad blitz to push for casinos in Texas

Las Vegas Sands has launched a multi-million dollar advertising campaign in an effort to convince lawmakers to legalise casinos in Texas.

Landing appoints non-exec. director to oversee theme parks/hotels

Landing International said it has appointed Huang Wei as a non-executive director to oversee the group's theme park and hotel operations.

Bloomberry delays opening of Solaire north until 2023

Bloomberry Resorts & Entertainment has pushed back the planned opening of its integrated resort in Quezon city to 2023 due to delays caused by Covid.

TRENDING ARTICLES

Yokohama

Yokohama IR pro and anti marshal their forces

This was a week in which those supporting and those opposing IR development in Yokohama marshaled their forces, organizing toward the decisive battle in August when the mayoral elections are scheduled to take place.

Genting SG disregards resolution to increase Lim performance shares

Genting Singapore on Thursday announced it has disregarded a resolution which would see an increase to chairman Tan Sri Lim Kok Thay’s performance share scheme (PSS) limit. 

Lotte Tour turnaround on the cards: SK Securities

Lotte Tour Development has the potential to see a turnaround in its performance this year, according to SK Securities analyst Seung-Doo Na.

Scientific Games names new Chief Technology Officer Victor Blanco

Victor Blanco, who previously led Aristocrat's expansion into social casino and casual games will now oversee Scientific Games' technology strategy to support leadership across gaming, lottery, sports betting, and iGaming as well as support the development and execution of the company's games.