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Covid-19 turns out lights in most of Asia’s casinos
From India to Australia, casinos across the Asia Pacific region have closed their doors in response to efforts to combat the spread of the coronavirus, with little to no visibility at present as to the evolution of the situation.
Suncity gains shareholder approval for Manila investment
Suncity Group reported to the Hong Kong Stock Exchange on Thursday that it had gained shareholder approval to invest in land in three parcels...
Singapore casinos tighten entry requirements
Singapore’s two integrated resorts have restricted public access to the casinos to prevent the spread of the coronavirus.
ASEAN Gaming Summit postpones to 22-23 September
Asia Gaming Brief, organizers of the ASEAN Gaming Summit 2020, have announced the postponement of its Manila event to 22-23 September 2020.
The event was...
U.S. court dismisses Bangladesh Bank case against Bloomberry
Bloomberry Resorts said that a court in the United States dismissed an attempt by Bangladesh’s central bank to reclaim funds that were stolen from its accounts and subsequently laundered through Philippine banks and the Solaire Resort & Casino.
PAGCOR releases P12 billion dividends for COVID-19 response fund
The Philippine Amusement and Gaming Corporation (PAGCOR) has released a P12 billion (US$233.7 million) cash dividend to the National Treasury to cushion the impact...
Moody’s sees downgrade risk for LVS
Moody’s has placed the ratings of Las Vegas Sands on review for a downgrade given the steep drop in gaming revenue at its Macau and Singapore operations as a result of the coronavirus.
Genting Malaysia expected to be hard hit by closure
Genting Malaysia, which has shut its gaming properties until April 1 under government orders as a Covid-19 countermeasure, is expected to be hard hit...
POGOs also shuttered during Covid-19 lockdown
Philippine authorities have made clear that the Covid-19 lockdown also includes Philippine Offshore Gaming Operators (POGOs), which will not be allowed to operate during...
PAGCOR orders nationwide gaming suspension
The Philippine Amusement and Gaming Corporation (PAGCOR) has ordered an extension of the Manila gaming suspension to be applied nationwide.
In a message to Asia...
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Macau closes borders after new infections
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New Macau Covid-19 case may dent travel easing hopes: Bernstein
Macau has reported its first new Covid-19 case in a month, which may delay plans to begin easing travel restrictions to the territory, Bernstein Research says.
Australia casinos expected to join global closures this week: JPM
Australia’s casinos are expected to be forced to close their doors later this week, prompting analysts at JP Morgan to slash their earnings forecasts for the operators.
Tokyo goes under soft lockdown
Tokyo Governor Yuriko Koike announced on Wednesday night a series of measures that amounted to a soft lockdown of the Tokyo Metropolitan District.
The governor...
