Saturday, May 8, 2021
Home covid

covid

Genting HK agrees financing package with creditors

Genting Hong Kong has reached a financing accord with creditors under which it will receive EUR300 million ($362.2 million) in new funding and the renegotiation of interest and maturities on existing debt.

Okura Holdings to close two underperforming pachinko halls

Hong Kong-listed Okura Holdings said it was closing down two of its pachinko parlours due to intense competition in the industry and the impact of Covid.

Crown Perth reopening from Saturday May 8

Crown Perth, which has had a choppy few weeks in terms of openings and forced Covid closures, said it's reopening from May 8th.

Delta closes Sikkim casino until May 16

Delta Corp, India's only listed casino operator, said it had shut its casino in Sikkim due to a surge of Covid in the state.
Pachinko barbecue Oasis

Pachinko industry needs new business model

Even before the Covid pandemic it was apparent that the pachinko industry, at least in its current form, possessed a dying business model. Recent events have only accelerated the trends.
Online licenses welcome for casinos, but conditions limit appeal

Philippines Q1 GGR down 28 percent year-on-year, gains sequentially

The Philippines generated PHP30.02 billion ($624.9 million) in gross gambling revenue in Q1, down 28 percent from the same period last year, but higher than the PHP25.79 billion recorded in the final quarter of the year.
paradise city

Paradise Co. April revenue down from March, but improves year-on-year

Paradise Co, an operator of foreigner-only casinos in South Korea, reported its monthly sales for April, which continue to show a choppy recovery falling 34 percent from the prior month.
Macau, St. Paul Ruins

Macau GGR up 1% in April, expectations high for May

Macau’s gross gambling revenue showed a modest improvement in April, rising 1 percent from the prior month, with all eyes now on the Golden Week holiday, which is expected to fuel a steeper gain in May.
Sihanoukville

Quarantine compulsory for air travellers to Sihanoukville

Sihanoukville has imposed a mandatory 14-day quarantine on all passengers arriving by air from the capital and from Siem Reap to curb the spread of Covid.
Star Vegas

Donaco revenue plunges on latest Cambodia shutdown

Donaco International said its revenue in the March quarter plunged by half due to a new outbreak of Covid in Thailand and Cambodia resulting in border closures and the shutdown of its Star Vegas property.
AGE at ICC Sydney

Australasian Gaming Expo (AGE) 2021

The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings, april 2021

Asia Gaming Briefings – April 2021 Edition

In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Agbriefings February 21

Asia Gaming Briefings – Feb 2021 Edition

The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
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.