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PAGCOR donates PHP500m more for Covid-19 response
The Philippine Amusement and Gaming Corp. (PAGCOR) said it has allocated a further PHP500 million ($9.7 million) to government efforts to help combat the Covid-19 outbreak in the country.
Suncity says chairman not under investigation in Australia
Suncity Group Holdings has issued a statement denying media reports that its chairman and controlling shareholder, Alvin Chau, is under investigation by Australian authorities.
Korea’s foreigner-only casinos post strong gains in 2018
South Korea’s foreigner-only casinos posted strong revenue growth in 2018, gaining 34 percent over the prior year, according to figures from the country’s National Gambling Control Commission.
China uses social credit to block travel
China is reportedly preventing millions of its citizens from travelling if they have a low score under its newly introduced social credit system, according to news reports.
China does U-turn on South Korea tours
China appears to have renewed its ban on travel groups to South Korea, dealing a further blow to the country’s tourism industry.
According to South...
Paradise Nov. sales gain 3.9 percent
South Korea’s Paradise Co. reported a 3.9 percent increase in November sales, through the cumulative figures for the year are still in negative territory,...
Jeju projects forge ahead despite tourism slump
Hong Kong-listed Landing International Development opened its Shinhwa World theme park at the end of September, as IR projects for the honeymoon island forge ahead despite the uncertainty caused by a diplomatic spat with China and tensions with the North. Arrivals from the mainland have slumped and while operators may be confident they can pull in tourists from elsewhere, they may find it harder to fill casinos.
Chinese tourist decline will hurt Paradise City
South Korea’s Paradise City may face hard yards due to a ban on Chinese tour groups to the country, notes Bloomberg Intelligence analyst Margaret...
Genting seen benefiting from S.Korea travel curbs
Genting Malaysia may be another beneficiary of China’s decision to restrict travel to South Korea as it rolls out the expansion of its Resorts...