Casino
January 28, 2021
Mohegan Joins Forces with Oshidori for Nagasaki IR Tilt
Mohegan Gaming & Entertainment (MGE), the business arm of Mohegan Sun, announced it teamed up with one of the companies candidates to build an integrated casino resort (IR) in Japan. Joint Bid for Nagasaki IR Mohegan partnered with Oshidori International Development Godogaisha, a subsidiary of Hong Kong-listed Oshidori International Holdings, one of the 4 companies, […]
Industry
January 17, 2021
Chinese New Year Unlikely to Boost Macau Casinos Revenue
Local authorities in a number of Chinese provinces on the mainland cast fresh doubts on any prospects for the gaming industry in Macau after issuing advisory notes to their residents to avoid travelling during the festive Chinese New Year period, GGRAsia speculates in an article. Quiet Chinese New Year in Macau China’s State Council set […]
Sports
January 16, 2021
Sportradar Becomes Official AFC Data & Video Distribution Partner
AFC has signed an eight-year deal with Sportradar to become the organization’s official video and data distribution partner. AFC Welcomes Sportradar as Official Data and Video Distribution Partner Sportradar’s expertise in providing actionable sports data solution has landed the company another important partnership, this time as the official video and data distribution partner for the […]
Industry
January 15, 2021
QTech Games Brings Evolution Live Casino Suite to Asian Audiences
Gaming content distributor QTech Games has integrated Evolution live gaming titles and brought them to partners in Asia looking to bolster their content offer. QTech Brings Evolution to Asia as Part of Diversified Growth Strategy Distributor of top-notch iGaming content in Asia, QTech Games, has tied-up another important partnership with Evolution, a premier content creator […]
Casino
January 11, 2021
Court Blocks 5% Franchise Tax on POGOs to Stop Exodus
The Supreme Court of the Philippines has blocked a 5% franchise tax that focuses on POGOs turnover instead of their revenue, leading to many deciding to quit in the end. Philippines Puts the Tax Burden on POGOs The Philippines is struggling with a mass exodus of casino operators that have been leaving due to a […]
Business
January 8, 2021
MGM China Has No Plans for Company Restructuring
MGM China, following a statement from its parent company MGM Resorts in response to a letter sent by the Chinese subsidiary’s largest public shareholder Snow Lake Capital, released a statement of its own, claiming the company has no plans for ownership restructuring. Open Letter to MGM Resorts The letter from Snow Lake Capital which holds […]
Business
January 7, 2021
Snow Lake Capital Urged MGM Resorts to Sell 20% in MGM China
MGM Resorts would achieve synergies and ensure a retendering of the MGM China concession in Macau if it sells a 20% stake from its Chinese subsidiary to a strategic partner from the internet or travel and leisure industries in China, Sean Ma, Founder and CEO of Snow Lake Capital investment fund wrote in a letter […]
Casino
January 7, 2021
Trump’s Executive Order Could Harm US Casinos in Macau
President Trump’s executive ban on several Chinese apps could have big implications for US Companies in China, Macau and Taiwan. Executive Ban on Chinese Apps US President Donald Trump’s recent executive order to ban several high-profile Chinese apps may spell trouble for Macau’s three US casino operators. Macau is one of the gambling capitals of […]
Casino
January 6, 2021
Nagasaki Gets Three More Entries for RFP and IR Bids
Ahead of its Request for Proposal (RFP) due to begin January 7, Nagasaki has received three more anonymous bids for the completion of an integrated resort (IR) project in the prefecture. Nagasaki Receives Three More Entries ahead of RFP Process As Japan’s national government pushes towards a legalized framework for its upcoming integrated resorts (IR), […]
Casino
January 5, 2021
Casinos in Seoul Will Remain Closed for Two More Weeks
The extension of the Seoul social distancing measures until January 17 was announced on Saturday. The measures require people in Seoul to maintain Level 2.5 distancing which is stricter than the one for the rest of the country, which will remain on Level 2. Level 2.5 Restrictions in Seoul until 17 January Level 2.5 means […]