Tuesday, April 20, 2021
Home Authors Posts by AGBrief Editorial

AGBrief Editorial

Sportradar appoints Deirdre Bigley to board of directors

Sportradar said it has appointed former Bloomberg Chief Marketing Officer Deirdre M. Bigley to its board of directors. 

Okada Manila Q1 revenue drops 42 percent

Tiger Resort, Leisure and Entertainment reported that revenue from Okada Manila dropped 42 percent in Q1 amidst ongoing restrictions to Manila's casinos.

Quang Nam province to trial vaccine tourist scheme

Quang Nam province in central Vietnam has put forward a proposal to host guests who have been vaccinated against Covid in two resorts, according to local media.

Full recovery in Macau could be delayed to 2023: Union Gaming

A full recovery in Macau could be delayed until 2023 as the slow rollout of vaccines prevents a significant easing of travel restrictions, Union Gaming writes.

Macau GGR continues to improve, visitation at 15-month high

Macau's gross gambling revenue continued to show a small sequential improvement in the third week of April, with visitation hitting a 15-month high, according to Bernstein Research.

Oaktree offers $3b funding for Crown to buy Packer stake

Crown Resorts said a group of funds advised by Oaktree Capital Management has agreed to provide up to $3 billion in funding for the company to buy back shares held by James Packer's Consolidated Press Holdings.

15 arrested in China over crypto gaming app

Police in China have busted an illegal gambling operation built on the EOS blockchain network. The arrests are just another example of the wider crackdown on cross-border gambling initiated by Chinese authorities.

Asian economy set for 6.5 percent growth in 2021

The Asian economy is expected to grow 6.5 percent in 2021, and will be a strong part of sustainable global recovery, according to reports released by the Boao Forum for Asia (BFA) Sunday. 
novomatic, online, revenue

Novomatic digital shows growth, though land-based revenues fall

Austrian-based Novomatic Group said whilst its land-based division saw significant revenue loss, its online segment was able to generate growth in 2020. 

Genting SG disregards resolution to increase Lim performance shares

Genting Singapore on Thursday announced it has disregarded a resolution which would see an increase to chairman Tan Sri Lim Kok Thay’s performance share scheme (PSS) limit. 

TRENDING ARTICLES

Macau Q1 Tourism Price Index down 2% from Q4

Macau's Tourist Price Index fell 15.16 percent year-on-year in the first quarter and was down 2.05 percent from the final quarter of last year, mainly due to a drop in hotel room rates.

Macau’s mass market baccarat half of GGR in Q1

Mass market baccarat accounted for 51 percent of Macau's gross gambling revenue in the first quarter of this year, according to figures released by the Gaming Inspection and Coordination Bureau.
macau stocks

Enthusiasm for Macau gaming stocks likely over done

Investors may be overly optimistic about the prospects for Macau’s gaming stocks given the snail’s pace of the recovery and slow vaccine rollout across the region, according to analysts from Union Gaming.

Sportradar appoints Deirdre Bigley to board of directors

Sportradar said it has appointed former Bloomberg Chief Marketing Officer Deirdre M. Bigley to its board of directors. 

Okada Manila Q1 revenue drops 42 percent

Tiger Resort, Leisure and Entertainment reported that revenue from Okada Manila dropped 42 percent in Q1 amidst ongoing restrictions to Manila's casinos.