Friday, November 27, 2020
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Landing announces capital reduction to boost shares

Hong Kong-listed Landing International said it was reducing the number of shares in issue by consolidating every 50 existing shares into one in an effort to boost its share price and improve its ability to use equity to raise finance.

Hatch Asia plans Q2 stock exchange listing

Hatch Asia plans to file for a listing on the Philippine Stock Exchange in Q2 ahead of a plan to raise capital for further expansion, CEO Kirk Arambulo said.
NZ SkyCity

SKYCITY raises $40m through carpark sale

SKYCITY Entertainment Group said it’s agreed to sell a carpark in Auckland for $40 million as part of a program to reduce assets and raise capital to pay down debt and fund future growth.
Solid Gaming

Knowledge trumps content in Asia’s complex i-gaming world

In Asia’s complex and diverse igaming landscape, having the right content means business success only if one more key ingredient is included - market knowledge. 

Instant and secure deposits

AstroPay is the pioneer payment solution for thousands of consumers in Latin America, Asia and Africa, who want to purchase online on international sites, that helps merchants access new markets through its main product, AstroPay Card.

Australian market report: How to adapt to the new normal

Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...

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Ho Iat Seng

Coronavirus live updates: No HK/Macau travel bubble until fourteen days of no new cases

The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...
Ho Iat Seng

Macau gaming law revision not likely until late 2021

Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry. 
Suppliers get igaming boost

Suppliers get igaming boost

Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.
Vicky Melbourne, Fitch Ratings

Interview with Vicky Melbourne: Taking the regional credit pulse

Vicky Melbourne, head of industrials, property and consumer for South Asia and Southeast Asia at Fitch Ratings, talks with Asia Gaming Brief managing editor Sharon Singleton about the impact of Covid-19 on the credit profile of the region’s operators. She discusses the likelihood of major capital expenditure plans going ahead and why she doesn’t necessarily expect consolidation in the industry.
VIP gaming room

Macau VIP sector losing further ground

There have been some positive reports this week, talking about optimism over Macau’s medium-term future, led by the premium mass and mass markets.

Financing of Jeju Dream Tower completed

Lotte Tour Development has announced that its flagship Jeju Dream Tower, a KRW1.6 trillion (US$1.4 billion) project, is now completely financed.