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APE launches Mini Macau metaverse project, Resortverse to launch by year-end
Asia Pioneer Entertainment (APE) has launched its Mini Macau metaverse project, aimed at helping the city’s businesses to market their services, and said it will launch the Resortverse hospitality platform by year-end.
Star Entertainment is not “suitable” to hold a casino license, at beginning of the remediation path
Star Entertainment and its Star Sydney Casino are not suitable to hold a license due to significant corporate governance failures, which they are only at the very beginning of trying to address.
Your Daily Asia Gaming eBrief: Macau forecasts cut… again
Macau’s operators continue to face an uncertain future with concern that China may be refusing visas for some premium players adding to the ongoing Covid restrictions.
Osaka citizens create sticky situation for governor with referendum push
Citizens of Osaka have gathered enough signatures to hold a referendum on the city’s plans to host an integrated resort, putting the governor in a difficult political situation.
SJM’s Oceanus purchase “net negative” given liquidity strain: J.P. Morgan
SJM Holdings’ announcement that it will purchase Casino Oceanus for HK$1.9 billion ($243 million) through an issue of convertible bonds is a “net negative to sentiment,” but is not a “hugely needle moving” event, analysts at J.P. Morgan wrote.
Genting says 1Q22 at RWLV hit by Omicron, but results improving
Genting said 1Q22 performance at its Resorts World Las Vegas property was hit by Omicron, which affected group and leisure travel to Las Vegas, but that the situation was improving.
Genting Malaysia posts 1Q22 EBITDA profit but results weaker-than-expected
Genting Malaysia said it had swung back to profit at the EBITDA level in 1Q22 as revenue surged by three times following the lifting of Covid restrictions.
Queensland to toughen casino laws, ups penalty to $50m
Queensland has become the second Australian state this week to announce tougher gambling laws, including stiffer disciplinary penalties of up to A$50 million ($35.3 million).
Your Daily Asia Gaming eBrief: Are Ho Chi Minh casinos a pipe dream?
Vietnam created a few ripples of excitement earlier this year when it said it was expanding its locals program to two further resorts.
Victoria imposes EGM rule changes at Crown Melbourne
Felix Ng -
The Victorian gaming regulator has wasted no time pushing for changes at Crown Resorts’ Melbourne casino, announcing new rules governing electronic gaming machines (EGMs) at the casino effective Wednesday.