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GKL operating losses to continue through end of year: Analyst

Kim Hyun-yong, a researcher at Hyundai Motor Securities, explained to the local media that there was little chance for Grand Korea Leisure, which depends on foreign patrons for its casinos, could reach the break-even point this year, and that operating losses will continue.
Kangwon Land estimates 67 percent fall in 2020 casino revenues

Kangwon Land estimates 67 percent fall in 2020 casino revenues

Kangwon Land, which has suffered long periods of closure under the impact of the Covid-19 impact, is now estimating that its casino revenues for...
Australia Gaming Survey 2020

AGB launches Australia Covid-19 research study

Asia Gaming Brief is carrying out a research study of the Australian clubs and pubs to gain a better understanding of the impact of the Covid-19 pandemic and how the industry is responding to the crisis.

May GGR expected to be down 90 – 95%: Bernstein

Analysts at Bernstein Research expect Macau to report a 90-95 percent year-on-year fall in GGR in the month of May, as the gambling enclave...

March GGR to fall 80 percent: Bernstein

Macau gaming continues to suffer from the ongoing coronavirus crisis, with March GGR expected to now fall 75 to 80 percent year-on-year, according to...

Aristocrat expects expansion in land-based and digital business

Slot machine manufacturer Aristocrat Leisure said it expects to see continued expansion across its land-based gaming operations and digital business in the 2020 fiscal...

SGR downgraded on soft consumer outlook: JP Morgan

A soft domestic outlook and potentially weak consumer sentiment over the next few months will subdue Star Entertainment Group’s earnings in their Sydney and...

Macau GGR set for 8% growth in 2020, driven by VIP rebound

Macau gross gaming revenue could grow as much as 8 percent year-on-year in 2020, driven by VIP recovery in 20H2, and continued strength in...

Visa constraints a key driver for Jan GGR

The loosening of visa constraints in Macau will be a key driver to January GGR results, according to analysts from Bernstein in a note...

Macau expects MOP 91 billion in gaming taxes in 2020

The Macau government expects to receive MOP91 billion (US$11.3 million) in Special Gaming Taxes, making up for around 74.5 percent of total tax revenue...

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Macau Casino Dealer

Coronavirus live updates: Macau gaming workers to face more Covid-19 tests

The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...

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.
Bloomberry Foundation, PAGCOR complete quarantine facilities

Bloomberry Foundation, PAGCOR complete quarantine facilities

Bloomberry Foundation and the Philippine Amusement and Gaming Corp said they have completed the capital region’s largest quarantine facility for Covid-19 patients.
gambling chips

Asia turns up heat on online gambling

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.
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.
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,...