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Macau

Mass market dominance grows in Macau Q1

Macau’s Q1 gross gambling revenue breakdown clearly shows the mass market pulling ahead of the VIP sector, which is struggling to recover from the double-whammy of Covid and policy pressures in China.
Macau, gross gambling revenue

Macau to reduce blue cards if unemployment continues rise

Macau Labor Affairs Bureau (DSAL) deputy director believes there will be fewer blue-card holders in Macau if the unemployment rate continues to rise. The last time unemployment was this high was around 2009-2011, shortly after the global financial crisis. Chan added that some industries will suffer more than others. 
Bobby Soper, Mohegan Sun

Interview with Bobby Soper: Expansion in Korea and hopes for Japan [video]

Bobby Soper, the newly appointed international president at Mohegan Sun, talks to Asia Gaming Brief about the group’s vision for its resort in Incheon, South Korea and aspirations for a license in Nagasaki, Japan. He says the group’s entertainment-focused, non-gaming model will help to cushion Mohegan from the notorious volatility in South Korea’s foreigner-only casino market.

Pachinko revenues running 75% pre-pandemic levels

Across Japan, pachinko parlor revenues are running at about 75 percent of the levels that they attained before the onset of the Covid pandemic.
Macau, tourism, stimulus package

Gaming focus, China policies constrain Macau credit rating

Macau's narrow economic base and its high concentration of tourists from China restrain the city's credit rating and have contributed to historically high levels of gross domestic product volatility, Fitch Ratings says.
Macau, VIP, GGR

Macau VIP constrained by supply issues in 21Q1

VIP GGR in Macau during the first quarter held at around 20 percent of pre-covid-19 levels according to a note from JP Morgan on Wednesday. 
RMB, digital Yuan

Digital yuan has far-reaching implications for Macau gaming

Macau’s government finally confirmed on Tuesday that the adoption of a digital yuan is on the table in what’s likely to be a gamechanger for the industry and its junket operators.
Nagasaki

Nagasaki IR bid gets top-level political patronage

Nagasaki’s IR licensing bid has now gained something that it never had before—a political patron at the very top of Japan’s government.
Hayashi Fujimoto

Second anti-casino candidate enters Yokohama mayoral race

A second candidate with an anti-casino policy platform has entered the Yokohama mayoral race, recently announced to be scheduled for August 22.
online gambling, KYC, sign up

Battling sign-up abandonment

Online gambling operators on average lose around 30 percent of their potential customers during the initial sign-up process as a result of inefficient KYC processes, according to customer journey experts. 

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Macau eases quarantine restrictions for HK arrivals

Macau has eased the 21-day quarantine restriction for visitors from Hong Kong, instead requiring 14 days of medical observation and 7 days of self-health checks.

Genting Singapore liquidates aviation arm

Genting Singapore announced that Genting Singapore Aviation, the company’s direct wholly-owned subsidiary, incorporated in the Cayman Islands, was placed under voluntary liquidation.
Macau

Mass market dominance grows in Macau Q1

Macau’s Q1 gross gambling revenue breakdown clearly shows the mass market pulling ahead of the VIP sector, which is struggling to recover from the double-whammy of Covid and policy pressures in China.

1xBet gets nod for two Global Gaming Awards

1xBet is in the running for both “Online Sports Betting Operator of the year” and “Affiliate Program of the year" at the Global Gaming Awards.

Macau sees travel demand from China in May Golden Week

Chinese bookings for Macau during the five day Golden Week holiday in May are up 20 percent over 2019 levels, according to Trip.com.