Tuesday, September 28, 2021
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Felix Ng

Felix is the Asia Editor and Events Director of the Asia Gaming Brief. He has over a decade of experience developing conferences for industries including gaming, telecoms, investment, biotechnology, and mining. He has developed some of the most well-known conferences for the Asian gaming industry, most recently being the ASEAN Gaming Summit, the Australasian Gaming Seminars, and the Mekong Gaming Summit. Felix covers gaming technology and innovation and is passionate about developing engaging and eye-catching content for the industry.

Scientific Games sells OpenBet to Endeavor for $1.2 billion

Scientific Games has entered into an agreement to sell its sports betting business, OpenBet to Endeavor Group Holdings for $1.2 billion.
Okura Holdings permanently shutters two pachinko halls

Okura Holdings revenue down 23.1% on Covid-19 closures

Japanese pachinko operator Okura Holdings saw its revenue decline 23.1 percent year-on-year to JPY5.4 billion in FY21.

Staycations are here to stay

Hotel and IR operators will likely downplay their staycations offers once international borders reopen, though most stress it would be unwise to abandon this segment altogether. 

China reiterates ban on crypto mining and transactions

China central bank has reiterated its stance against cryptocurrency, declaring all transactions involving Bitcoin and other virtual currencies as illegal, whilst also vowing to put an end to cryptocurrency mining. 
International Entertainment gains provisional license for Manila IR

International Entertainment posts widened loss on Covid-19 disruptions

Hong Kong-listed International Entertainment Corp reported a widened loss of HK$272.8 million for the year ended June 30, 2021. 
Philippines, vaccinations, tourism

Philippines aiming to inoculate tourism industry by year end

The Philippines government has plans to inoculate all tourism industry workers against Covid-19 before the end of the year.
Timothy McNally, nagacorp

NagaWorld ramps quietly, expansion projects still on the cards

NagaWorld reopened after a six-month shutdown. NagaCorp chairman Timothy McNally however stresses that the company has not stood idly by over the last year.

Vietnam president meets with execs from Weidner, Steelman in NY

Vietnam president Nguyen Xuan Phuc reportedly held a number of meetings with executives from major U.S. firms this week, including Weidner Asset Management Steelman Partners in a bid to increase investments in Vietnam.

AIGF says Karnataka online gaming ban hurt rising sector

The Karnataka government’s moves to ban online gambling has drawn the ire of the All-India Gaming Federation, who says that the move will remove the state’s standing of being a tech-hub and start-up capital. 
Genting Malaysia

Malaysia to ease travel curbs when 90% vaccination target hit

Malaysia is set to shed interstate travel restrictions once 90 percent of the adult population is fully vaccinated,  Prime Minister Ismail Sabri Yaakob said in a statement on Wednesday.