Operators in Entertainment City had already begun to complain about the impact of rising competition on their margins even prior to the Covid-19 crisis. Now, with the outlook highly uncertain due to border closures and the erosion of the VIP sector, they may have to contend with three new developments pressing ahead.
Back in 2015, Yggdrasil launched BOOST, a collection of promotional tools that sparked a new wave of innovation through the igaming sector.
It was considered a foregone conclusion in gaming circles that Osaka will be a venue for one of the first three integrated resorts in Japan, though the entry of Yokohama into the race and shifting political sands highlight the fact that nothing should be taken for granted.
The Philippines has been one of the best-performing gaming jurisdictions over the past five years and is expected to continue to outperform, despite rising regional competition, as the country’s operators expand.
Galaxy Entertainment held a press event in Osaka on Wednesday to make their local pitch, providing competition for MGM Resorts.
Travellers International Hotel Group has been given the green light to delist from the Philippine Stock Exchange on Oct. 21 following a tender offer.
Fukuoka Mayor Soichiro Takashima has quickly responded to the Junior Chamber International Fukuoka’s proposal for an IR bid from his city. The answer was clear—“not at this time.”
Asian operators need to free up space on the casino floor to experiment with new products to encourage a greater variety of gaming machines, industry experts say.
The Abe government's decision to drag its feet on more detailed regulations governing the IR industry and to delay the establishment of the Casino Management Board may exercise an effect on which local governments get licensed and which IR operators are selected.
Travellers International Hotel Group says it plans to delist its shares from the Philippine Stock Exchange to avoid disclosing its business strategy to competition.