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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.
Hong Kong steps up Covid-19 measures with Kowloon lockdown
Hong Kong is taking its most drastic measures to date to curb the spread of Covid-19, locking down about 150 buildings in central Kowloon, affecting about 4,000 to 5,000 residents.
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.
Interview with Peter Johns: Edging towards convergence [video]
Peter Johns, chief commercial officer of IDX Games and a long-time Asia gaming executive, talks with Asia Gaming Brief Managing Editor Sharon Singleton about how new technologies are shaping the future of gaming and how more convergence with the online world is needed.
Aruze launches Wheels of Prosperity
Aruze Gaming has announced the launch of the 5 reel, 243-way games, Wheel of Prosperity Dragon and Wheel of Prosperity Phoenix in the Asian market.
China says 75,000 suspects arrested in 2020 gambling crackdown
The Chinese government earlier this month said it had cracked 3,500 cases of illegal cross-border gambling in 2020, arresting 75,000 suspects. It also shut down 1,960 illegal payment platforms.