Good morning. Casinos across Asia are slowly reopening, though some more quietly than others. There has been an increasing trend for governments to start working on “living with Covid” rather than chasing a “zero Covid” policy, and this is reflected in our September “Which casinos are open” update, which shows which casinos are allowed to open across Asia’s key gaming jurisdictions.
What you need to know
- Genting Singapore said it was “surprised and disappointed” at the city of Yokohama’s decision to pull out of a bid to host an integrated resort.
- Osaka governor Hirofumi Yoshimura said that the withdrawal of Yokohama from the integrated resort race will not impact their own IR plans.
- Macau says its income from gross gaming revenue may fall below its MOP 130 billion target for the year, due to the August Covid-19 outbreak.
- AGTech Holdings has agreed to buy the owner of Macau Pass for a maximum of HK$778 million to diversify its revenue streams.
On the radar
- Caesars to raise $1 billion through senior notes issue to refinance existing debt.
What the papers say
- Hengqin cooperation zone attracts 25 projects with total investment of RMB79.3 billion.
- Christchurch continues with “sinking-lid” pokies policy.
- Macau slots will be required to display clocks on screens at all times by 2024.
AGB Intelligence
DEEP DIVE
Which casinos are open?
While the delta variant continues to push up daily case numbers across the world, a surge in vaccinations across Asia is starting to bring back confidence, allowing governments to begin easing restrictions in certain areas. Our September “Which casinos are open” update details the state of casino openings across Asia as of September 13, 2021.
INDUSTRY UPDATES
- Taj Rummy to launch fantasy sports range, starting with cricket
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