Tag: Insights
CNMI Representative appeals on behalf of stranded IPI workers
CNMI Representative Edwin K. Propst (D-Saipan) has taken up the cause of Imperial Pacific International’s stranded workers.
Melco/Wynn named as top picks as premium mass leads recovery
Melco Resorts & Entertainment and Wynn Resorts are expected to outperform their Macau rivals in the next six months due to their larger exposure to the premium mass market, according to Bernstein Research.
GKL extends casino closures to February
Grand Korea Leisure has announced that it will be further extending the closure of its three casinos until February 1, making its pause in business activities a full two months.
Covid-19 prompts Thailand gambling legalization debate
In yet another sign of how Covid-19 may fundamentally change the gambling landscape in Asia, Thai media is reporting that the government is open to studying whether to legalize gambling.
Melco Resorts’ winning the war on plastic [Infographic]
Earlier this year, Frederic Winckler, an Exec VP/Chief Marketing & Brand Officer at Melco Resorts & Entertainment talked about sustainability as one of three key focuses for the integrated resort operator over the coming years.
Economic/social shifts that may affect Asia’s IRs
While the gaming industry is focused on tourism numbers and movement restrictions, there are a number of shifting economic and social patterns emerging that could have longer-term implications for Asia’s integrated resort industry.
Hokkaido governor again turns down Tomakomai IR initiative
Tomakomai city’s hopes of reentering the Japan IR race have been dashed again as Governor Naomichi Suzuki made clear at a press conference that his earlier rejection of participating in the first round of licensing still stands.
Cruise stock rally pauses as sailings delayed
Major cruise lines have been pushing back their planned dates to resume sailing as the Covid-19 pandemic drags, helping to dampen a fourth-quarter rally in stocks.
Interview with Ankush Gera: Skills for operating in India [video]
Ankush Gera, founder and CEO of Junglee Games, talks with Asia Gaming Brief Managing Editor Sharon Singleton about the growth of the skill-based gaming market in industry in India, some of the regulatory and operating challenges and what’s driving growth.
Japan closes borders to foreign travelers
After reaching record numbers of new Covid-19 cases and fatalities for almost two months, the Japan government has finally decided to take serious measures to partially lock down the nation.
Life After POGOs – AGB Dossier
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Australian market report: How to adapt to the new normal
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
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Resorts World Genting open, not affected by nearby restrictions
Resorts World Genting says it remains open and is not part of a nearby area that is subject to an Enhanced Movement Control Order.
Macau extends quarantine to Dalian City
The Macau government has imposed a mandatory 14-day quarantine for all arrivals from Dalian city in Liaoning province, its Novel Coronavirus Response and Coordination Centre said.
Snow Lake Capital urges MGM to sell 20% of its China business
Investment firm Snow Lake Capital has urged MGM Resorts in an open letter to sell 20 percent of its China business to a strategic partner, calling it a “win-win transaction” for all. The firm owns roughly 7.5 percent of MGM China Holdings.
Focused on gaming
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.
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.
IPI employees receive six weeks of back pay
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.