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Macau residents to get MOP8,000 to spend

Macau citizens and permanent residents will soon benefit from a US$999 handout in order to boost consumer spending as the SAR recovers from the pandemic.

Paradise Co pilots AI serving robot

Paradise Hotel Busan has announced it is trialing an ‘AI Serving Robot’ to expand its non-face to face services to its food and beverage establishments.

CNMI GDP was already down 11.2 percent in 2019

With an 80 percent drop in casino revenues, the CNMI GDP fell 11.2 percent in 2019, according to data from the U.S. Department of Commerce-Bureau of Economic Analysis.

Evolution to buy Australia’s Big Time for EUR450m

Evolution Gaming Group said it agreed to buy Australian online slot company Big Time Gaming for EUR450 million ($535 million) in cash and stock.

Macau GGR still weaker-than-expected: Bernstein

The Macau gross gambling revenue rose 16 percent in the second week of April from the prior week, but was still softer than expected, according to Bernstein Research.

HK arrests 65 in illegal gambling raid, including policeman

Hong Kong police have busted a gambling den, arresting 65 people, including a 28-year old constable. The police officer has been suspended from duty.

Former deputy chair of SkyCity joins Crown Resorts board

Australia-listed Crown Resorts has announced the appointment of a new executive director, Bruce Carter, to the Crown board, subject to regulatory approvals. 

Moody changes Scientific Games outlook to stable

Ratings agency Moody’s Investor Service on Friday affirmed Scientific Games’ B3 Corporate Family Racing, B3-PD Probability of Default Rating and changed its outlook from negative to stable.

Manila quarantine restrictions eased

The quarantine rules in Metro Manila and four adjacent provinces have been eased starting today, according to an announcement by presidential spokesperson Harry Roque. 

Genting Malaysia EBITDA/revenue seen at pre-Covid levels by 2022

Genting Malaysia's EBITDA is likely to return to its pre-pandemic levels by 2022 and reach 60 percent this year, Standard & Poor's said.

TRENDING ARTICLES

Twelve arrested in Bangkok over online gambling

Twelve people are facing charges over allegedly running an illegal online gambling operation out of a Bangkok home. Police say they found evidence that the group was running the gambling operation on several different websites under the name of NUTSGAME-TH.

Crown may face monthly liquor license extensions

The New South Wales Independent Liquor and Gaming Authority said it may be willing to roll over Crown Resorts' liquor license on a monthly basis while regulators deliberate whether it can regain suitability for its casino license.
recovery, events, conference, industry

Slow road to recovery for in-person convention industry: Bernstein

Analysts at Bernstein are expecting a slow recovery of the in-person meetings and events industry, with visitation levels from this subset to return at 2023 at the earliest. 

Macau residents to get MOP8,000 to spend

Macau citizens and permanent residents will soon benefit from a US$999 handout in order to boost consumer spending as the SAR recovers from the pandemic.

Paradise Co pilots AI serving robot

Paradise Hotel Busan has announced it is trialing an ‘AI Serving Robot’ to expand its non-face to face services to its food and beverage establishments.