Ainsworth Game Technology has revealed that its preliminary unaudited results for the six months ending December 31, 2020, indicate a loss before taxes of approximately A$14 million (US$10.8 million).
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
Haruki Satomi is the new group CEO of Sega Sammy Holdings, taking over from his father, Sammy Corporation founder Hajime Satomi. The former CEO will continue at Sega Sammy as chairman and representative director.
Work is expected to begin on an integrated resort in Crimea early this year, with the project to be completed by 2024, according to information distributed by Russia Gaming Week. The resort will include a five-star hotel, casino, swimming pool, conference facilities and bars and restaurants.
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.
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.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
