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Macau gaming tax revenue at 45.6% of budget through August

The amount of revenue collected from Macau’s six gaming operators has fallen to just 45.6 percent of the government’s budget given the effects of the pandemic.

Macau 2020 GGR forecast halved

Macau has halved its forecast for 2020 gross gambling revenue due to the impact of the Covid-19 pandemic and announced new measures to help local business. 
Japan, Osaka castle

Osaka passes IR assessment budget

The Osaka City Council on Wednesday approved a 9 million yen (about US$83,300) special budget to carry out the environmental impact assessment for the anticipated Yumeshima IR.

SkyCity tackles licensing hurdles

SkyCity Entertainment is grappling with capacity issues, as licensing regulations in New Zealand make expansion of its properties difficult. 

Macau gaming tax revenue gains 2.3 percent to July

Macau said it has collected MOP67.2 billion ($8.4 billion) in tax revenue from gaming operators in the seven months through July, more than two thirds of its forecast for the year.

Sega Sammy preparing budget and consortium for Japan IR bid

Sega Sammy Holdings President and COO Haruki Satomi revealed at a briefing on April 26 that his company was budgeting up to JPY3 billion...

Osaka city budgets for IR and Yumeshima development expenses

Osaka city has released its FY2019 budget proposal in which a total of JPY163 million (about $1.5 million) is earmarked for direct IR-related expenses....

Genting tax impact may not be as big as feared

The impact of tax and duty hikes on Genting Malaysia, that were announced in this year’s budget, may not be as bad as initially feared, local media reports, citing a report by UOB Kay Hian Research.

Tasmania pokie assault to cost jobs: GTA

The Tasmanian Labor Party’s threat to pull pokie machines from bars and clubs will result in a loss of jobs and a $31 million...

Macau total expenditure to reach record high in 2018

The Macau government is expecting total expenditure in 2018 to be more than MOP109.6 billion (US$13.6 billion), a 14.5 percent increase from the budget...

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Covid survey bodes ill for Golden Week

A Bank of America survey held in August found that only 47 percent of Mainland Chinese travellers who want to visit Macau would be willing to take a Covid-19 test, casting doubt on visitation for the upcoming Golden Week holiday. 
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