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Rightsizing Cambodia’s casino industry post-Covid 19

Rightsizing Cambodia’s casino industry post-Covid 19

Through government action and a cultural norm of wearing face masks when ill, Cambodia has seen few get sick during the COVID-19 pandemic. According to the World Health Organization, Cambodia has 275 COVID cases and zero COVID-related deaths as of the last week of September. 

Aristocrat prices new US$500 million loan facility

Australia-listed Aristocrat Leisure on Monday announced the pricing of a new US$500 million term loan, with the aim of strengthening the group’s liquidity and...

HOIANA secures US$34 million loan

Hong Kong-listed Suncity Group has announced that the company behind HOIANA Integrated Resort has been advanced a new loan of around US$34 million to...

SkyCity’s development program holds significant risk: Analyst

A leading New Zealand broker has given the thumbs up to SkyCity Entertainment’s development program but noted that the company will struggle to earn...

SEC allows capital base increase for Suntrust

The Securities and Exchange Commission has approved an increase in the authorized capital stock of Suntrust Home Developers Inc, paving the way for the...

Melco Resorts Philippines to eliminate accumulated deficits

Melco Resorts and Entertainment (Philippines) Corp. has filed an application with the Securities and Exchange Commission (SEC) to restructure its capital to eliminate accumulated...

Udenna plans to raise P18.5 billion to fund casino projects

Philippine H2O Ventures Corp, a subsidiary of Udenna Corp, says it is planning to raise P18.5 billion in capital in order to fund its...

Century Casinos has $50m to spend in Asia: Union Gaming

Century Casinos, a Nasdaq-listed operator with operations in the U.S., Canada and Europe, has more than $50 million in available capital to put towards...

SkyCity to divest non-core businesses, focus on major projects

Casino operator SkyCity Entertainment Group says it is looking to adopt a “asset-lighter” approach to improve returns and allocate capital more efficiently. During an investor...

The 13 announces capital reorganization, hotel opening in April

Owner and operator of The 13, an upcoming luxury hotel in Macau has announced plans for a capital reorganization that will see a consolidation...

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The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...
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Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.
Puducherry government urges blanket ban on online gambling

Puducherry government urges blanket ban on online gambling

The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.
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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.
asia gaming briefings Sep 20

Asia Gaming Briefings – Sep 2020 Edition

IN FOCUS: SPORTS BETTING Ball games bounce back. Major sporting events are slowly ramping up around the world and with them the drama and surprises, not all of them good for sports betting operators.
Asia Gaming Briefings AUG 2020

Asia Gaming Briefings – Aug 2020 Edition

IN FOCUS: AUSTRALIA Reopening pubs, online rethink and reflections on gambling behaviour The country tackled the first wave of the epidemic with relative success, however,...