Bloomberry Resorts Chief: ‘Write Off’ 2020

Enrique Razon Jr. (l.), chairman and CEO of Philippine gaming operator Bloomberry Resorts, said 2020 will probably be a total loss due to the Covid-19 pandemic. “This year, you...

Published April 20, 2020

Osaka, Yokohama Hit Pause on IR

Osaka Governor Hirofumi Yoshimura (l.), a leading proponent of an integrated resort in the Japanese prefecture, says staff who formerly worked on the IR bid have been reassigned to...

Published April 20, 2020

Philippines Senate: Sell Off PAGCOR Casinos

Some Philippine senators are demanding that the state-run gaming regulator sell off its own branded casinos as a way to fund the fight against Covid-19. The Philippine Amusement and...

Published April 20, 2020

Border Controls Leave Macau All but Deserted

Visitation fell below 1,000 over the three-day Easter holiday as Macau’s Covid-19 isolation continues with strict border controls. Some analysts say that even when travel resumes, gaming revenues could...

Published April 20, 2020

Vietnam Locals Casino Drew More Foreigners

The first casino in Vietnam to welcome local gamblers attracted more foreign patrons. Foreign guests made up 55 percent of the patron base at the Corona Resort and Casino...

Published April 13, 2020

Liquidation Looms for Developer of Macau’s Unlucky 13

South Shore Holdings, developer of the luxurious 13 Hotel (l.) in Macau, is in arrears on a HK$2.95 billion bank loan used to construct the ill-fated luxury hotel. Now,...

Published April 13, 2020

Cambodia’s NagaWorld Posts Q1 Growth

Hong Kong-listed NagaCorp announced last week that its Cambodian integrated resort, NagaWorld (l.), posted 15 percent year-on-year growth for the first quarter of 2019, based on significant VIP growth....

Published April 13, 2020

Macau’s April Win Could Hit ‘Zero’

Early checks by analysts indicate Macau may be facing its worst month yet since the Covid-19 pandemic effectively closed off travel from mainland China and Hong Kong. It’s reported...

Published April 13, 2020

Will Pandemic Threaten Japan IRs?

Japan legalized integrated resorts in 2016, and has been preparing ever since to launch its casino industry. Now the pet initiative of Prime Minister Shinzo Abe (l.) seems to...

Published April 13, 2020

Singapore Casinos Closed Through May 4

Singapore’s two casinos, Resorts World Sentosa (l.) and Marina Bay Sands, have closed due to increasing fears of a local coronavirus contagion. As of now, the properties are set...

Published April 13, 2020

Vietnam IR Opening Postponed

Suncity Group has announced that Hoiana, its integrated casino resort in Quang Nam Province, Vietnam, will not open until 2021 due to the global coronavirus pandemic.

Published April 6, 2020

Cambodia Joins Global Shutdown

Last week, Cambodian Prime Minister Hun Sen ordered all casinos to close to curb the spread of the coronavirus. The kingdom in Southeast Asia had a total of 107...

Published April 6, 2020

Another Grim Month in Macau

Largely cut off from its core mainland China market, Macau suffered a second straight monthly dive in gaming revenues. Win for March was down 79.7 percent year-on-year. So far...

Published April 6, 2020

U.S. Tribal Firm Still Interested in Japan

The development arm of Connecticut’s Mohegan Tribe says it’s still interesting in developing an integrated resort in Japan. But CEO Mario Kontomerkos (l.) is playing it coy about where...

Published March 30, 2020

Korea Casinos Ineligible for Virus Relief

South Korean casinos including Seven Luck (l.) have been hard-hit by the Covid-19 infection, but they’re unable to take part in a 100 billion won (US$80 million) tourism aid...

Published March 30, 2020

With Malaysian Closure, Genting Takes It On the Chin

With the March 17 closure of its flagship casino resort near Kuala Lumpur, Genting Malaysia is bracing for a big revenue hit, according to analysts.

Published March 30, 2020

Singapore Casinos Still Open, Practicing Safety Measures

Social distancing and crowd control are among the tools being implemented by Singapore’s two casino resorts, Marina Bay Sands (l.) and Resorts World Sentosa, which remain open despite the...

Published March 30, 2020

Macau: Gaming Revenue Could Fall by 50 Percent in 2020

The government of Macau is forecasting that 2020 gaming revenue will decline by half compared to last year. It’s already planning to tap financial reserves to cover an expected...

Published March 30, 2020

Manila Lockdown In Effect Through Mid-April, Includes POGOs

Manila, Philippines is in a state of lockdown to April 14, on order of President Rodrigo Duterte (l.) All domestic travel into the region is also suspended. PAGCOR also...

Published March 23, 2020

Saipan Casino Down for the Count

Imperial Pacific International, which operates the only casino on the island of Saipan in the Western Pacific, closed its doors last Tuesday due to concerns about the Covid-19 virus....

Published March 23, 2020