Felix Ng
Global economy back at pre-pandemic levels
The world economy is back at pre-pandemic levels as of the second quarter of 2021, as a result of vaccination rollouts and the end of pandemic-related restrictions around the world, according to data survey firm IHS Markit.
Success Universe extends facility agreement for Ponte 16
Success Universe Group, operator of Ponte 16 in Macau has announced it will be acting as a 49 percent guarantor for an amended and restated facility agreement of HK$500 million, used to assist Ponte 16 refinance its existing facilities, general working capital, and finance the payment of the land premium.
Victims of labor trafficking forced to work in Sihanoukville casinos
Sihanoukville has been identified as a major hub for trafficked Vietnamese workers, lured to migrate to Cambodia with attractive offers, but forced to work long hours and physically assaulted.
Regulators barely have a seat at the table [video]
Asia Gaming Brief asia editor Felix Ng catches up with former gaming regulator Paul Newson, Principal at Senet Advisory about how the pandemic, and recent royal commissions have sparked change in the approach to gaming regulation in Australia.
RWLV going cashless sets benchmark for wider industry
Resorts World Las Vegas’ new casino floor, which opens on June 24, is set to feature cashless gaming and smart tables using RFID chips.
IAGR launches new award program: International Regulatory Awards
The International Association of Gaming Regulators (IAGR) has announced the launch of its new awards program, the International Regulatory Awards, and is now inviting members to nominate their outstanding regulatory efforts.
Macau to receive 10,000 covid-19 vaccines from Germany
A stack of vaccines are on the way to Macau from Germany, and are expected to arrive at the end of this week just as Macau’s stocks are running low.
IAGA cancels 2021 International Gaming Summit
The International Association of Gaming Advisors (IAGA) has announced the cancellation of its planned conference in August, named the International Gaming Summit.
Regulating the Game to offer discount for group bookings
Regulating the Game, a five-day educational course for regulators and operators held in August has opened up registrations and is offering an “escalating discount” for multiple registrations from the same organization.
MICE association launches online guide to assist event organizers
A Macau association representing the local events industry is launching an online tool by the end of the year aimed at reinvigorating the stalled events industry.
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Lower spending tourism dominating in Macau: Bernstein
Macau's gross gambling revenue in the week to May 23 was up 12 percent from the prior week, but was still 6 percent lower than April, with the lower end tourism market comprising the majority of arrivals, according to Bernstein Research.
Interblock eyes convergence as market challenges persist
Interblock says it’s still seeing challenging times across Asia, with the ongoing travel restrictions forcing jurisdictions to extract as much value as possible from local markets. The company welcomes the Philippines’ lead in allowing local IRs to begin accepting online bets and says this may be a new area of opportunity.
Singapore Pools closes two betting outlets due to Covid case
Singapore Pools said it has temporarily closed two Livewire betting outlets after a Covid patient was found to have visited the shops on several occasions between June 17 and June 19.
South Shore Holdings stock halted pending news
Shares in South Shore Holding have been suspended from trading on the Hong Kong Stock Exchange at the company's request pending news.
Galaxy holds third Emergency Preparedness talk
Galaxy Entertainment said it recently joined forces with the Unitary Police Service, the Public Security Police Force, the Social Welfare Bureau and the Meteorological and Geophysical Bureau to boost emergency awareness.