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SkyCity lays off 200 people, sees smaller business after lockdown
SkyCity Entertainment Group issued a public statement on Friday morning announcing it was laying off 200 of its New Zealand employees immediately, and making...
Charities hit as pokie dollars dry up
In New Zealand a body distributing tens of millions of dollars of profits from gaming machines in pubs and clubs has stopped giving grants...
Crown has tools to weather Covid-19: Fitch
Australian operator Crown Resorts is in a position to weather the storm created by the coronavirus crisis, due to its low debt and variable cost structure, according to Fitch Ratings.
IPI 2019 revenue drops as VIP roll collapses
Imperial Pacific International reported a more than 77 percent drop in 2019 revenue and a wider loss as its VIP business dried up.
Lotto NZ suspends retail sales
Lotto NZ said it’s suspending retail sales and will carry out all its operations online during the lockdown due to Covid-19.
Aquis Entertainment stands down 90% of staff
Australia’s Aquis Entertainment said it was standing down 90 percent of its staff and executives are taking a pay cut after the closure of its Casino Canberra property as a result of the coronavirus.
IPI fails to get lawsuit dismissed
Imperial Pacific International has failed in an attempt to quash a lawsuit from three local businesses who accuse the operator of interfering with their operations.
Staff redundancies inevitable: SkyCity CEO
As New Zealand has entered its fifth day of a near-total lockdown, casino operator SkyCity Entertainment Group is on negative credit watch from Standard...
New Zealand declares state of emergency, police enforcing compliance
In New Zealand the government has declared a state of national emergency which with their other legislative powers effectively enables them to run a...
Star stands down 90% of workforce
The Star Entertainment Group, forced by government Covid-19 directives to cease gaming, banquet, and F&B operations in Sydney, Gold Coast, and Brisbane, leaving only...
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Macau closes borders after new infections
Macau closed its borders to all non-residents as of midnight on March 18, with the exception of blue-card holders and residents from greater China, after another case of imported Covid-19.
New Macau Covid-19 case may dent travel easing hopes: Bernstein
Macau has reported its first new Covid-19 case in a month, which may delay plans to begin easing travel restrictions to the territory, Bernstein Research says.
Australia casinos expected to join global closures this week: JPM
Australia’s casinos are expected to be forced to close their doors later this week, prompting analysts at JP Morgan to slash their earnings forecasts for the operators.
Tokyo goes under soft lockdown
Tokyo Governor Yuriko Koike announced on Wednesday night a series of measures that amounted to a soft lockdown of the Tokyo Metropolitan District.
The governor...
