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Genting HK agrees financing package with creditors
Genting Hong Kong has reached a financing accord with creditors under which it will receive EUR300 million ($362.2 million) in new funding and the renegotiation of interest and maturities on existing debt.
Genting Spore Q1 casino revenue ticks higher, other metrics deteriorate
Genting Singapore has reported a 2 percent increase in casino sales from the final quarter of last year, indicating the pent-up demand that had been driving performance has largely stalled.
Okura Holdings to close two underperforming pachinko halls
Hong Kong-listed Okura Holdings said it was closing down two of its pachinko parlours due to intense competition in the industry and the impact of Covid.
China claims to be winning cross-border gambling battle
China has investigated 18,000 cases of cross-border gambling and apprehended more than 110,000 people since 2020 and says it's reversing the rising trend, according to the Ministry of Public Security.
Macau hotel occupancy rate tops 80% in Golden Week
Macau's hotel occupancy during the May Golden Week holiday reached more than 80 percent, better than tourism authorities expected.
Crown Perth reopening from Saturday May 8
Crown Perth, which has had a choppy few weeks in terms of openings and forced Covid closures, said it's reopening from May 8th.
Politics may upset Japan’s IR apple cart [video]
Daniel Cheng, a seasoned casino veteran who was formerly leading Hard Rock International’s effort to gain a license in Hokkaido, talks to Asia Gaming Brief about Japan’s creepingly slow progress towards its first IRs.
GKL April sales gain 48.4% over March
Grand Korea Leisure said its casino sales rose 48.4 percent in April from the prior month, though are down 86.1 percent from the same month last year.
PH Resorts eyes Japan’s high rollers with junket accord
PH Resorts, which is developing the Emerald Bay resort on Cebu, has signed an accord with a junket operator aimed at tapping into Japan’s VIP market.
Macau average daily visitation gains 40% in Golden Week from April
The average daily number of tourists to Macau during the Golden Week holiday was 37,000, which is a gain of nearly 40 percent from April's average daily arrivals, according to official figures.
Australasian Gaming Expo (AGE) 2021
The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings – April 2021 Edition
In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.