TagGaming law amendments
Cambodian table games operator Century Entertainment has recorded no revenue for the six-month period ended September 30th, while racking up HK$5.84 million ($747,000) in debt during the period.
Hong Kong-listed Far East Consortium has seen a 70.5 percent yearly increase in gaming operations revenue, to HK$147 million ($18.8 million) in the six months ended September 30th.
Macau has recorded three more local cases of COVID, although authorities have not given indication that the discovery could prompt another lockdown or mass testing event.
The Cagayan Economic Zone Authority (CEZA), created by virtue of charter RA 7922, is aggressively pursuing an additional economic driver for the Cagayan Economic Zone and Freeport (Cagayan Freeport), one that is based on Technology.
Sri Lanka’s Committee on Public Finance is considering whether to set up a casino regulatory body in the country.
The Director of the University of Macau’s Institute for the Study of Commercial Gaming says that if it weren’t for the pandemic, Genting’s gaming concession bid could have been successful.
Macau has decided not to shutter the StarWorld casino visited by a COVID-infected tourist, potentially marking a turning-point in its stance on how to handle future such cases.
The chairman of Donaco International is “incredibly optimistic” about the company’s future, as travel flows between Thailand/Cambodia and Vietnam/China are set to “continuously improve”.
Genting has failed again in its bid for a Macau casino license, with authorities on Saturday announcing that the current six operators will continue as Macau’s only six concession holders.
The Philippine chairman of the Senate Committee on Ways and Means has called PAGCOR’s POGO roadmap “plain rubbish”, claiming the body lacks a “thorough appreciation of the industry”.