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Covid-19 turns out lights in most of Asia’s casinos

From India to Australia, casinos across the Asia Pacific region have closed their doors in response to efforts to combat the spread of the coronavirus, with little to no visibility at present as to the evolution of the situation.

Donaco describes impact of coronavirus on business

Australia-listed Donaco International on Tuesday released a statement describing the impact of the coronavirus crisis on business operations at its Star Vegas hotel, located...

Donaco settles legal dispute with former Thai vendors

Donaco International announced that it has settled its various legal disputes with its former Thai vendors for the Star Vegas casino in Poipet, including...

BBIN & TGB Charity support children’s education in Cambodia

TGB Charity, a subsidiary charity brand of BBIN, partnered with Cambodian Children’s Fund (CCF) this year and donated US$40,000 to various educational projects to...

World Poker Tour returning to Cambodia in July

The World Poker Tour has announced that an open WPT Main Tour event will be held in Cambodia at the NagaWorld Integrated Resort in...

Economic toll deepens, but underlying optimism intact

The Coronavirus, now renamed as Covid-19, has devastated the near-term outlook for Asia’s casino operators, though analysts still expect demand to snap back sharply once the outbreak is under control. The big question is when that might be.

NagaCorp GGR up 20 percent in final quarter of 2019

NagaCorp has announced strong financial results across the board for the final three months of 2019, seeing GGR up 20 percent to US$1.7 billion. Moreover,...

Sihanoukville rental prices plummet, aims to turn into a second Shenzhen

Sihanoukville, a coastal town in Cambodia that has become known as a hub for Chinese investment, has seen it house rental prices fall dramatically...

Donaco reaches temporary legal ceasefire with Thai vendor

Donaco International announced in a filing to the Australian Stock Exchange that it has reached a temporary legal ceasefire with a Thai vendor. “The Board...

200,000 Chinese nationals left Cambodia before end of 2019

The Cambodian Department of Immigration on Thursday has reported that more than 200,000 Chinese left the country in the lead up to its ban...

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Skycity New Zealand

Coronavirus live updates: Sihanoukville casinos given reopening green light

The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...

Macau casino operators face US$1 billion loss in Q2: Bloomberg

The six Macau concessionaires are likely to post collective EBITDA losses in the range of US$1 billion for the quarter ending June 30, according...

Tax authorities warn POGOs to pay tax before reopening

The Philippines’ Bureau of Internal Revenue has reiterated that Philippine Offshore Gaming Operators (POGOs) need to pay a 5-percent franchise tax before they can resume their operations and denied that the levy was a new cost for business.

MGM reports US$1 billion in operating losses for Q2

MGM Resorts International has reported a combined US$1 billion for the quarter ending on June 30 on the back of a 91 percent fall...

Suppliers rush to adapt to Covid realities

While the past six months have undoubtedly been devastating for the gaming industry, in just a short space of time suppliers have shown their ability to adapt and react, releasing new products for the new reality and refocusing business models.