Casino
November 29, 2020
Gaming-Related Crime Levels in Macau Drop Along with Footfall
Gaming-related crime levels in Macau for the first 9 months of 2020 registered a year-on-year decrease in a number of categories, the latest data released by the Office of the Secretary of Security showed. Unlike in previous data releases by the authorities, the latest announcement did not provide an overall figure for gaming-related crime during […]
Business
November 25, 2020
Philippine Gross Gaming Revenue Increases by 600% in Q3 2020
In the third quarter of 2020, PAGCOR’s GGR increased significantly when compared to Q2 2020. However, a year-on-year comparison for Q3 reveals a decrease of 70% in gaming revenue. PAGCOR Q3 GGR Increases from Q2 2020 Earlier this week, the Philippine Amusement and Gaming Corporation (PAGCOR) revealed the latest numbers outlining the gross gaming revenue […]
Casino
November 25, 2020
Nagasaki Sets Autumn 2021 Deadline for Private Partner Selection
Officials in Nagasaki prefecture announced Wednesday the restart of the request-for-proposal (RFP) regarding the selection of a private sector partner to participate with the local government in the national race for an integrated casino resort (IR). According to the new timetable released, the RFP which was put on the backburner in September will resume in […]
Legal
November 25, 2020
India: Gamblers in Goa Breach COVID-19 Restrictions
Residents of Goa, India are extremely concerned about their safety in light of the many tourists and local gamblers who do not follow the COVID-19 restrictions. Tourists and Local Gamblers in Goa Disregard COVID Restrictions Earlier this month, the casinos in the Indian state of Goa were allowed to reopen doors. After some seven months […]
Industry
November 25, 2020
Bernstein: Macau’s Recovery Goes through Mass Premium Sector
Sparkling casinos and world-renowned hotels welcome tourists in Macau, a former Portuguese colony that has now become a Special Administrative Region of the People’s Republic of China. Travellers particularly appreciate the mix of Las Vegas-style rhinestones and rich history. As tourists are not all there for gambling, specialists said that there still was a parallel […]
Industry
November 24, 2020
Mainland Demand, Ease of Travel Restrictions to Boost Macau
Recovery in Macau is qualified as medium-term bullish, says Morgan Stanley, which has expressed positive outlook for the special administrative region on Monday. Macau’s Road to Recovery May Not Be too Far Ahead Chinese nationals may yet play a significant role in Macau’s gaming recovery, with Morgan Stanley assigning on Monday a medium-term bullish recovery […]
Industry
November 24, 2020
PAGCOR to Spend $41.5m to Build 32 Typhoon Shelters
The Philippine’s gaming regulator and operator, PAGCOR, has allocated $41.5 million to building 32 shelters across the country to help one million displaced individuals due to typhoons. PAGCOR Steps in to Help with Typhoon Relief Efforts The Philippine Amusement and Gaming Corp (PAGCOR) continues to be a benevolent entity in the country’s public life, with […]
Sports
November 23, 2020
Indian Finance Minister Calls for Sports Betting Legalization
India could benefit from the legalization of sports betting, says Minister of Finance Anurag Singh Thakur Sports Betting Needs to Be Legal, Says Minister India’s Minister of State for Finance Anurag Singh Thakur and a former president of the Board of Cricket Control in India (BCCI) spoke on Thursday last week, outlining a new initiative […]
Business
November 23, 2020
The Philippines Edges Closer to Legal Cockfighting Gambling
The Philippines is edging closer to passing up a definite law that will regulate cockfighting in the country, which is a popular but outlawed activity presently. Cockfighting Finds New Regulatory Framework in the Philippines The Philippines is now moving quickly to set up a legal framework that would regulate cockfighting, an activity that has been […]
Casino
November 23, 2020
Macau’s VIP Segment to Drive Recovery for a While Longer
Macau is predicating its recovery on several factors, including the VIP segment, mass gaming vertical and family-friendly tourism moving forward. Recovery in Macau Begins as VIP Players Return Macau is looking for multiple ways to recover lost gambling revenue, the bulk of which was severed during the nadir of the novel coronavirus pandemic. Receipts at […]