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International edition
January 15, 2021
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ASIA
The event will return to the Venetian Macao
G2E Asia 2021 moves to August
Macau | 15/01/2021
Mayor Hayashi Fumiko has been a vocal advocate for IRs
Japan: Yokohama officials reject casino referendum
Over 200,000 residents had signed a petition calling for a public vote on whether to build a so-called Integrated Resort in the city, but it remains a controversial issue because the planned facility would include a casino.
Japan | 14/01/2021 |
The firm may be more willing to sell ahead of Macau gaming license expiration in 2022
Sands China's stake sales could be boosted after Sheldon Adelson's death
Industry executives say having a Chinese partner would improve Sands China’s chance of a new concession with the removal of founder Adelson’s link to US President Donald Trump. Suitors may take advantage of his absence to buy a degree of ...
Macau | 13/01/2021 |
Due to a "weaker VIP" sector
Macau: Morgan Stanley lowers projected GGR tally by 10 percent
The international investment bank's adjusted gross gaming revenue (GGR) is around 65% of the full-year aggregate of MOP292.5 billion recorded in 2019. The international investment bank cut its projected tally by around 10% to nearly USD23.7 billion.
Macau | 11/01/2021 |
On Nasdaq
Playtika announces launch of initial public offering
Playtika Holding Corp is looking to raise as much as $1.67 billion in its U.S. initial public offering, giving it a valuation of nearly $10 billion, as it tries to cash in on demand for mobile-gaming during the ongoing COVID-19 pandemic.
Israel | 08/01/2021 |
MGM Resorts replied that it "remains committed to Macau"
Asian investor urges MGM to sell 20% of its Macau business to a Chinese partner
Snow Lake, which beneficially owns 7.5% of the outstanding shares, sent a letter to MGM's Board of Directors on Wednesday with the request. The moves comes ahead of the casino concessions renewal next year.
Macau | 07/01/2021 |
The Shanghai International New Cultural and Creative E-sports Center
China: construction of USD 898 M esports arena begins in Shanghai
The venue will span 500,000 square meters and is designed to be a place where teams and companies can be based and compete. It will have a hotel attached and is expected to open in 2024.
China | 07/01/2021 |
The 5% franchise tax was intended to help fund various Govt. projects to address the pandemic
Philippine Supreme Court suspends increased tax on POGOs
The magistrates on Tuesday voted 13-1 to issue a temporary restraining order to halt the collection of increased franchise taxes from Philippine Offshore Gaming Operators under the Bayanihan to Recover As One Act. The increase in tax base meant an ...
Philippines | 06/01/2021 |
The request for proposal in the prefecture begins on Thursday
Japan: Nagasaki's IR project adds three new contenders
The identities of the three new candidates, which will join the four known contenders, have not been publicly revealed. The national government will accept area certification from October 2021 until April 2022, after which time it will review ...
Japan | 05/01/2021 |
Full-year revenue dropped by 79%
Macau casino revenue sees worst year on record, rebound expected in 2021
Gross gaming revenue fell 66% to nearly USD 979 million in December year-over-year. Though Macau has not seen coronavirus cases in the past six months, the government recently tightened border restrictions because of a new strain of coronavirus ...
Macau | 05/01/2021 |
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