Information from the Statistics and Census Service (DSEC) indicated that the Tourist Price Index for the third quarter of 2020 dropped by 11.40 prices year-on-year, including a more than 14.7 percent fall in accommodation prices.
Tourist price index (TPI) for the 3rd quarter of 2020 (Government Information Bureau)
Macau-related casino stocks took a hit on the news that China’s legislature was reviewing an amendment to the country’s criminal law that could establish a new criminal definition for overseas gambling operations aimed at luring Chinese citizens.
Casino stocks fall on fears of fresh clamp (The Standard)
The International Monetary Fund has worsened its outlook estimates for the Macau economy in 2020 and is now predicting a 53.5 percent drop in Gross Domestic Product for this year.
International Monetary Fund worsens local economy projections for 2020-2021 (Macau Business)
The Star Entertainment Group is planning a second development application at its waterfront site in the Sydney suburb of Pyrmont, this time for a two-tower, six-star hotel that would cost approximately A$1 billion (US$720 million).
The Star Reignites Pyrmont Plans with Dual Tower Proposal (The Urban Developer)
The Grand Suites at Four Seasons, the new all-suite tower of Four Seasons Hotel Macao, is now open, according to a press release issued on Tuesday.
The Grand Suites at Four Seasons at Four Seasons Hotel Macao is Now Open (press release)
Indian online poker operators PokerStars.IN, Adda52, Spartan Poker, and PokerBaazi have all withdrawn their services from Andhra Pradesh state in the wake of the local ban on online gambling.
Operators Pull Out of Indian State of Andhra Pradesh Following Online Gambling Ban (Poker Industry Pro)
The Tokyo District Court has rejected former Senior Vice-Minister of the Cabinet Office Tsukasa Akimoto’s request to be granted bail. Akimoto is facing charges of witness tampering after his previous release from detention.
秋元議員の保釈認めず 東京地裁 (Jiji Press)
Shukan Bunshun, one of Japan’s weekly magazines that focuses on scoops and scandals, suggests in a recent article that Liberal Democratic Party Secretary-General Toshihiro Nikai may intend to personally profit from a land acquisition near the proposed site for the Wakayama IR.
二階俊博幹事長の後援企業が“和歌山カジノ”隣接地3000坪を買っていた (Bunshun Online)
Mikio Shimoji, forced to leave the Japan Innovation Party (Osaka Ishin) after admitting to receiving a bribe from then-IR hopeful 500 Dot Com, has been attempting, so far unsuccessfully, to join the ruling LDP, which has not punished any of its lawmakers for taking the bribes.
自民、下地幹郎氏復党に「断固反対」 沖縄1区支部が県連に要請書 (Okinawa Times)
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