Thursday, November 26, 2020
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eSports stadium “key component” for Melco IR

An eSports stadium would “very likely” be a “key component” of any major market IR that Melco Resorts & Entertainment would build in Japan, CFO Geoff Davis told Nikkei Asian Review in a recent interview.
Singapore

Tourism spending points to promising trend

Singapore tourism arrivals are up just over 7 percent in the year to July, but a closer look at the detailed breakdown provided for Q1 shows that for the second consecutive quarter, visitors spent more on gaming, sightseeing and entertainment than in its glitzy shopping malls.

Paradise City phase one complete with new openings

Paradise SegaSammy said it will open new facilities at Paradise City, with a greater emphasis on entertainment, on Sept. 21, completing the first phase of the development.

Studio City prepping for IPO

Melco Resorts & Entertainment said its Studio City International Holdings venture is continuing to prepare for an initial public offering, which will commence as soon as market conditions permit and it receives the necessary clearance from the U.S. Securities and Exchange Commission.

Bloomberry looks north for Manila expansion

Bloomberry Resorts Corporation, owner and operator of the Solaire Resort & Casino is looking north for its future expansion plans.

Cafe de Paris opens in Galaxy Macau

Galaxy Entertainment has teamed with Monaco’s Societe des Bains de Mer to bring the Cafe de Paris Monte Carlo bistro brand to Macau.

Melco Q2 hit by bad luck; COD Manila and Altira drive performance

Melco Resorts & Entertainment reported an 8 percent gain in adjusted property EBITDA driven by its City of Dreams Manila and Altira properties, though overall revenue fell after a change in accounting practices.

Caesars scouts Japanese entertainment market

Jason Gastwirth, Caesars’ president of entertainment, confirmed in an exclusive interview with Asia Gaming Brief that he has entered into “initial discussions” with Japanese talent agencies and related groups to explore possible cooperation regarding programming at a potential theater for a Caesars IR in Japan.

Marquee to make Asia debut in Marina Bay Sands

Nightclub brand Marquee will make its Asian debut at Marina Bay Sands in Singapore as part of a series of new initiatives designed to boost the resort as a nightlife destination.

Wynn Macau mulls more non-gaming

Wynn Macau is considering adding more non-gaming facilities for the second phase of development at its Wynn Palace Cotai resort, Chairman Allan Zeman told...
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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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. 
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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.

Delays and doubts over Yumeshima transport infrastructure

If the IR policy delays have created a threat to Yokohama’s plans that are primarily political, the deepest concerns for Osaka arguably relate to its effect on transportation infrastructure to the man-made island of Yumeshima.
singapore

Local demand drives surprise Singapore earnings beats

Singapore’s two integrated resorts surprised analysts with the strength of their most recent results, despite higher entry fees for locals and a lack of international travel. 

Rough sailing for Japan’s pachinko industry

The board of Dynam Japan Holdings, the largest pachinko firm if measured by the number of its outlets, has provided some insight into how this industry has fared in the year of the coronavirus.