Monday, January 25, 2021
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Galaxy posts record results, pushes expansion plans

Galaxy Entertainment Group posted record Q1 adjusted EBITDA, despite bad luck during the period, and said it’s actively pursuing its expansion.
Life After Pogos

Life After POGOs – AGB Dossier

This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.

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...

TRENDING ARTICLES

Tomakomai mayor presses Hokkaido to rejoin IR race

Tomakomai Mayor Hirofumi Iwakura has again pressed the Hokkaido prefectural authorities led by Governor Naomichi Suzuki to rejoin the IR race in the current cycle, arguing that the nine-month delay in the national licensing timeline provides adequate opportunity to resolve environmental and other concerns.
Delta Corp ship

Delta cements India position with Goa IR proposal

One gaming operator to watch in 2021 will be India’s Delta Corp., whose stock got a mid-month bump in December after it announced it had received approval in principle to build an integrated resort on shore in Goa.

Macau vaccinations to begin by end of March

The Macau Health Bureau’s Control of Communicable Diseases and Surveillance of Diseases Department Coordinator Leong Iek Hou has said that Macau’s first Covid-19 vaccines will be available in the current quarter.

Crown says Moody’s withdraws rating for unit’s note program

Crown Resorts said that Moody's Investors Service has withdrawn its rating on a euro medium-term note program from one of its wholly owned subsidiaries. 

Genting NY to be significant feeder for LV resort: Fitch

Genting Malaysia's Resorts World New York is seen as strategically important to the group's expansion plans in the U.S. and will be a feeder market to Las Vegas, where it is building a $4.3 billion integrated resort, Fitch Ratings said.

Macau GGR down “significantly” amid China Covid outbreaks

Macau's gross gambling revenue in the past week is down about 32 percent from its levels in December due to increasing travel restrictions in China on renewed clusters of Covid-19, Bernstein Research says.