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Galaxy sees further Covid headwinds, but committed to expansion plans

Galaxy Entertainment said it expects further headwinds from the Covid-19 pandemic after reporting a Q2 loss, but said it remains committed to its expansion plans and its pursuit of a license in Japan. 

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Macau’s VIP sector facing cash crunch

Macau’s VIP sector facing cash crunch

Macau’s VIP gaming sector is undergoing a cash crunch as customers withdraw billions of dollars in deposits due to concern about Beijing’s crackdown on capital flows for gambling purposes, Reuters reports.
500 .com auditor resigns over disagreement on Japan bribery case

500 .com auditor resigns over disagreement on Japan bribery case

Online sports lottery provider 500 .com has announced that its auditor, Friedman LLP, resigned last week in connection with the Japan bribery case, and...
500.com says no breach of foreign corrupt practices act

500.com says no breach of foreign corrupt practices act

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asia gaming briefings OCT 20

Asia Gaming Briefings – Oct 2020 Edition

Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.
asia gaming briefings Sep 20

Asia Gaming Briefings – Sep 2020 Edition

IN FOCUS: SPORTS BETTING Ball games bounce back. Major sporting events are slowly ramping up around the world and with them the drama and surprises, not all of them good for sports betting operators.
Asia Gaming Briefings AUG 2020

Asia Gaming Briefings – Aug 2020 Edition

IN FOCUS: AUSTRALIA Reopening pubs, online rethink and reflections on gambling behaviour The country tackled the first wave of the epidemic with relative success, however,...