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Jurisdictions around Asia are noting a strong surge in domestic tourism as a result of the pandemic, but border reopenings remain some way off and local traffic is unlikely to do enough to offset lost revenue in the IR industry.
Aquis Entertainment said it’s still open to investors to participate in its plan for an integrated resort in Canberra’s central business district after proposed partner Blue Whale Entertainment dropped out.
Minister of Land, Infrastructure, Transport and Tourism Kazuyoshi Akaba insisted in Diet debate on Monday that there would be no change in the nation’s...
From India to Australia, casinos across the Asia Pacific region have closed their doors in response to efforts to combat the spread of the coronavirus, with little to no visibility at present as to the evolution of the situation.
The long-awaited First Japan IR Expo in Yokohama appeared to be a considerable success on its first of two days, as six major IR...
South Korea wants to turn the area near Incheon International Airport into a version of Manila’s Entertainment City, but its vision is at risk from competition from Japan.
Paradise Co., which operates foreigner-only casinos in South Korea, reported a 31.6 percent gain in November sales, driven by table games.
There’s no doubt that the integrated resorts springing up across Asia were targeted at China’s VIPs, but with that market in retreat there’s little sign of high rollers from other jurisdictions stepping up to take their place.
Fines paid by Singapore’s two casino operators amounted to $$745,000 ($540,000) in the 2018 financial year, with the lion’s share extracted from Genting Singapore’s Resorts World Sentosa.
The hike in the casino entrance fee for local Singaporeans is further deterring already declining visitation to the island state’s two integrated resorts by residents, analysts said.
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