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Macau Covid cases up to 357, casinos told to step up prevention measures
The number of Covid cases in Macau has risen to 357 and the gaming regulator has urged casinos to restrict the movement of people and to increase their epidemic control measures.ย
Aristocrat top pick at J.P. Morgan, with 20% revenue growth eyed
Aristocrat Leisure is the top pick in Australian gaming for analysts at J.P. Morgan, who expect the company to post an almost 20 percent gain in revenue this year.ย
Star accused of breaking unlawful gambling act through Suncity relationship
Star Entertainment was accused Monday of potentially having broken New South Walesโ Unlawful Gambing Act by allowing Suncity Holdings to operate a casino within a casino.
New Zealand invests $76m in efforts to minimize gambling harm
The New Zealand government said it has invested $76 million on a strategy to minimize harm from gambling.ย
SJM Holdings ratings outlook cut to negative by Moodyโs
SJM Holdingsโ credit rating has been confirmed at its current level after the operator managed to refinance its loans, but the outlook was cut to negative by Moodyโs.
ASEAN returns, in-person – First gaming conference in Asia
Major industry changes and updates donโt happen behind a screen but in person. Thatโs why itโs great to be back and discuss key regional challenges and opportunities face to face at the Shangri-La at the Fort July 25-27.
Macau to begin third round of testing as cases rise to 261
Macau will kick off a third round of mass testing of its population on Monday as the number of confirmed Covid cases rises to 261.
Blackstone to rebuild Crown into an โiconicโ destination
U.S. investment group, Blackstone, has completed its A$8.9 billion ($6.1 billion) acquisition of Crown Resorts, saying it aims to rebuild the Australian operator into an โiconic destination for travel.โย
Malaysia still mulling online gambling regulation to stop tax bleed
Malaysia is still considering regulating online gambling and estimates that itโs losing about MYR2 billion ($454 million) a year in lost tax revenue.
Ainsworth CEO Harald Neumann granted 2.8m performance rights
Ainsworth Game Technology said its CEO Harald Neumann has been granted 2.8 million performance rights as a long-term incentive.
Hann sees strong recovery, plans $1b more in investments
Daesik Han, Chairman and CEO of Hann Philippines, said he plans to spend a further $1 billion over the next five years, adding a larger casino and more hotels and golf courses at his properties.