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Capacity not demand seen as key issue in casino reopening

The lack of capacity due to social distancing measures will be the key challenge for operators in opening their properties and not the lack of demand, says Angel Sueiro, chief operating officer of PH Resorts. 

Two casinos remain closed in Macau as grace period ends

At the end of the 30-day grace period for Macau’s casinos to reopen, the government has announced that two properties will remain closed and that about 80 percent of the table capacity is now operational. 

Queen’s Wharf hotels to drive A$43 mln EBITDA per year

Additional hotel capacity at the Queen’s Wharf project will see the Star Entertainment Group (SGR) generate an additional A$43 million (US$30 million) in earnings...

PH govt mulls capacity limits in major tourist hubs

The Philippines government is considering the set up of “capacity limits” on tourists in major tourist hotspots similar to those imposed in Boracay Island,...

Morpheus doubles COD premium mass room capacity

Melco’s new 772-room hotel tower Morpheus will double the number of rooms available for premium mass customers, while increasing room capacity at City of...

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Bloomberry seen breaking even at EBITDA level in Q4

Bloomberry seen breaking even at EBITDA level in Q4

Bloomberry Resorts is expected to break even on an EBITDA level by Q4 due to cost cuts and support from the local market, according to analyst Michael Ting, who publishes on Smartkarma.

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. 
Andhra Pradesh considers legalization of offshore casinos

Andhra Pradesh considers legalization of offshore casinos

The state government of Andhra Pradesh, which last month moved to ban all online gambling, is now said to be considering the legalization of...
AGB Webinar Attracting Players, Not Fraudsters

AGB Webinar Series: Attracting players, not fraudsters

With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt...
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