Macau
Macau average daily visitation gains 40% in Golden Week from April
The average daily number of tourists to Macau during the Golden Week holiday was 37,000, which is a gain of nearly 40 percent from April's average daily arrivals, according to official figures.
Studio City gets extension to complete Phase 2
Melco Resorts has been given an extension on its deadline to complete its phase 2 expansion of Studio City in Macau. The latest extension takes the deadline to December 27, 2022, around 7 months of extra time.
Macau mass market to see strong growth, but future supply a concern
Macau's mass gaming market is likely to grow in the high single digits from 2022 once the pandemic eases, but growth going forward will depend on the ability to bring new attractions and products online, industry experts on a gaming panel said.
Macau regulator term extended for two years
Adriano Ho's tenure as head of the Gaming Inspection and Coordination Bureau (DICJ), Macau's casino regulator, has been extended for another two years.
SJM plans HKD and MOP-denominated note issue
SJM Holdings said it plans to raise funds through an issue of Hong Kong-dollar and Macau-pataca-denominated notes to refinance existing debt.
Macau eases quarantine requirements for non-residents
Macau’s health authorities on Tuesday announced an easing of quarantine requirements for foreign non-residents that are already living in Macau, allowing them to travel to Mainland China and back without having to complete quarantine.
Melco offers 12-months pay as part of voluntary exit scheme
Macau casino operator Melco Resorts has launched a number of voluntary programs for their staff to take extended voluntary leave or to step down from the company to “pursue new objectives and priorities”
SJM targets June opening for Grand Lisboa Palace, with 304 tables
SJM Holdings is targeting a June opening for its Grand Lisboa Palace, though the offering will be limited at first and some analysts doubt that the company will claw back its market share in the short term at least.
SJM Q1 loss widens 58.2 percent as revenue drops
SJM Holdings said its Q1 loss attributable to owners of the company was HK$647 million, an increase of 58.2% from the same period last year.
Macau post-pandemic visitation hits new record high
Macau international arrivals hit a new record high on Sunday, which was also the second day of the Labor Day Golden Week, according to local authorities.
Australasian Gaming Expo (AGE) 2021
The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings – April 2021 Edition
In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.