Monday, January 25, 2021

Covid brings wellness travel into focus

The consensus view is there is still pent up demand for travel amongst Mainland Chinese and disposable income to do so, however, there are subtle changes in travel preferences that Asia’s operators would do well to take note of.

Skill gaming industry requests standardized regulations in India

India’s online skill gaming industry has collectively recommended a policy think tank of the Indian national government, NITI Aayog, to establish a new institution to standardize regulations governing the industry.

OTHER NEWS

SUZOHAPP announced the separation of its gaming and amusement business from its cash handling business, effective immediately.  The new cash handling business will be called PayComplete. SUZOHAPP will focus solely on its core gaming, amusement, and sports betting business. 
Employees of Imperial Pacific International in Saipan have received six weeks of back pay that they had been owed, partially alleviating the crisis and clearing the way for the company to resume the construction of its facility ordered to halt by the court.
In order to resolve Panaji’s traffic congestion, Goa Transport Minister Mauvin Godinho has declared that the offices of the casino operators need to be moved away from the city center and closer to a multi-level parking facility.
The Philippine Court of Tax Appeals has affirmed the denial of a tax refund claim from Prime Investment Korea, a junket gaming operator, over the corporate income tax it paid for the year 2014.
Lao authorities have placed the northwestern Bokeo Province’s Golden Triangle Special Economic Zone, a casino entertainment district that caters mainly to Chinese tourists, under a two-week lockdown after a Chinese worker tested positive for the Covid-19 coronavirus.
Okada Manila has announced gaining official status as a Sharecare Health Security Verified destination. Together with Forbes Travel Guide, digital health leader Sharecare awarded the certification badge to the integrated resort.
The Corona Casino in Phu Quoc, Vietnam, held a party and other celebrations to mark its second anniversary since its opening in early 2019.
PointsBet Holdings has announced that it has appointed professional basketball champion and three-time MVP Shaquille O’Neal as its Australian brand ambassador. 
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 First Games has reached an accord with Singapore-based ESports Players League to organize mobile eSports tournaments in India.
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.
Australia's PointsBet is expanding further in the U.S., with its mobile app and digital sports betting product to go live in Michigan Friday, January 22. Michigan will mark the sixth operational state for PointsBet's  sports betting product.
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.
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 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.
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.

TRENDING ARTICLES

Century Entertainment consolidates shares, ups authorized capital

Century Entertainment, formerly known as Amax International, announced plans to consolidate its shares on a five-for-one basis and to increase its authorized share capital.

Studio City senior notes offering valued at US$750 million

Studio City Finance Limited has announced that it has priced its international offering of senior notes due 2029 at US$750 million. The 5 percent senior notes will be due 2029.

RWG says canteen workers test positive for Covid-19

Genting Malaysia said several canteen workers at its Resorts World Genting resort had tested positive for Covid-19 during regular health screening in early January. The canteens are not accessible to the public.
asia gaming briefings Dec 20

Asia Gaming Briefings – Dec 2020 Edition

Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
news, macau, gambling

Asia Gaming Briefings – Nov 2020 Edition

While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
asia gaming briefings OCT 20

Asia Gaming Briefings – Oct 2020 Edition

Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.