Felix Ng
All six Macau operators offering staff bonuses
In a series of announcements in recent days, all six Macau operators have now announced staff bonuses to most of their employees, generally equivalent to one month of extra pay.
Legislator accuses Macau regulators of colluding with operators on employment abuses
Macau legislator José Pereira Coutinho has called on the city’s Chief Executive to take action against what he described as “collusion” between casinos and those responsible for regulating the gambling sector, in order to stop employment abuses.
SJM enters purchase agreements on senior notes
SJM Holdings has announced it has entered into two purchase agreements for US$1 billion in US dollar-denominated senior notes intended to assist in repaying bank loans connected to the Grand Lisboa Palace project.
Macau returnee tests positive for Covid infection
A passenger aboard one of the two special Air Macau flights coming from Tokyo, bringing 109 residents stranded abroad, has tested positive for Covid-19 in a test carried out upon arrival in Macau, becoming the first local case in seven months.
Macau registers fewer gambling addicts in 2020
A total of 77 gambling addicts were added to the Macau Social Welfare Bureau central registration system last year, a 30 percent decrease compared to the 2019 figure.
IPI found in contempt of court and ordered to stop all construction work
The US District Court for the NMI has ordered Imperial Pacific International to cease operations and all construction work for a week—except for the department working on payroll and security—after ruling in favor of the US Department of Labor in its petition to find IPI and Chairwoman Cui Li Jie in contempt.
Yokohama launches RFP process
Yokohama city has launched its RFP process to build a major urban IR at the Yamashita Pier candidate site. The timeline calls for the operator partner to be selected in the summer and the agreement finalized in the autumn.
Jeju Dream Tower casino licensing process to begin this month
Lotte Tour Development is reportedly planning to submit its application to license its casino within Jeju Dream Tower this month. The firm is aiming for a March opening.
Thai business leaders debating advisability of casino legalization
Thailand’s Pattaya region business leaders are reportedly divided over whether opening legal casinos would mitigate Thailand’s illegal gambling problem.
Suncity hotel unit granted incorporation in the Philippines
SunTrust Home Developers announced that Suncity WC Hotel was granted incorporation by the Philippines’ Securities and Exchange Commission (SEC) on January 19.
Life After POGOs – AGB Dossier
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Australian market report: How to adapt to the new normal
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
TRENDING ARTICLES
Galaxy says wage dispute at Cotai project due to Mainland agencies
Galaxy Entertainment Group told Macau News Agency that recent wage dispute involving workers employed at its Cotai expansion projects, originated from fee disputes between the workers and mainland employment agencies.
Russia’s sports betting overhaul pushes up costs for industry
Russia’s parliament has passed a new bill redistributing control over the online betting market, creating a unified gambling regulator to track bets and allocations to sporting leagues and significantly increasing costs to the industry.
PAGCOR dividends for 2020 reach US$378 million
Philippine Amusement and Gaming Corporation (PAGCOR) remitted an additional PHP1 billion to the National Treasury, bringing to PHP18 billion (US$378 million) its total dividends contribution for the year 2020.
Devil in the details of digital RMB: Bernstein
The introduction of a digital renminbi into Macau would potentially have a positive impact on the gaming industry, easing cash flow for mass and premium mass players, but the “devil would be in the details,” says Bernstein Research.
Silver Heritage shuffles board after deed of company arrangement
Silver Heritage announced it has reshuffled its board following the completion of a deed of company arrangement. Former CEO Mike Bolsover is no longer a director, while DFNN's Ramon Garcia and Hatch Asia's Kirk Arambulo are among the new members.
PayTm reaches accord with ESPL for India tournaments
PayTm First Games has reached an accord with Singapore-based ESports Players League to organize mobile eSports tournaments in India.