Thursday, August 5, 2021
Home Asia

Asia

LV Strip GGR dips 1% from 2019, but up 8.3% in Q2

Gross gambling revenue on the Las Vegas Strip dipped 1 percent in June, but beat Deutsche Bank expectations for a 3.5 percent fall, bringing the result for the quarter to an 8.3 percent gain on 2019. 
NagaCorp, note issue, demand

Cambodia imposes nationwide curfew

The Cambodian government has imposed a nationwide curfew from 9 pm to 3 am as it attempts to rein in the spread of Covid 19.

PAGCOR H1 gaming income down 20%, posts profit

The Philippines Amusement and Gaming Corp (PAGCOR) has announced a near 20 percent drop in income from gaming operations in H1 as the Covid pandemic forced the closure of properties.

Star says Sydney closure extended, Queensland eases

Australia's Star Entertainment said its casino in Sydney will remain closed until August 28th due the government's lockdown restrictions for the city and surrounding area, but operating restrictions have eased in Queensland.

Macau seen coming back stronger from Covid: MS

Morgan Stanley has added its take to analysts predicting a rosy future for Macau, saying the gambling hub will come back stronger than before due to lower expenses and a better operating mix.
Cagayan-SEZ

POGO tax bill held up by lobbying from SEZs

A bill that would establish the taxation base for Philippine Offshore Gaming Operators (POGOs) is being held up in Congress due to lobbying from the country's Special Economic Zones, who are seeking to retain preferential tax treatment.
Grand-Lisboa-Palace

SJM’s Grand Lisboa Palace to open July 30 with 150 new tables

SJM Chairman Daisy Ho revealed on Wednesday that the Grand Lisboa Palace, the group’s flagship property on the Cotai Strip, is going to hold a partial opening on July 30th.
agtech-tab

AGTech sees loss narrowing by 55% in latest half to June

Chinese lottery services provider, AGTech Holdings, said it expects its loss to narrow by at least 55 percent in the half year to June 30th as businesses rebound from Covid.
Casino canberra

Aquis says June quarter revenue strong, restrictions eased

Australia's Aquis Entertainment said revenues in the three months to end June remained strong and the company was cash-flow positive in the quarter.
Saipan

Saipan online market seen as unviable

Saipan’s casino regulator says it wants to hear from potential online gaming investors as it seeks to recoup lost revenue from its failed casino venture, however, industry insiders say they don’t see the island as a viable market.
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.