The Latest in asia
Casino
July 8, 2022
Macau Converts Two More Casino Hotels into Quarantine Areas
Macau is undergoing one of its worst COVID-19 outbreaks. In fact, the special administrative region managed to withstand the highly-infectious virus for the past two years, but the disease has resurfaced, claiming lives and now reaching 1,215 cases as of the time of reporting. New data is processed all the time. This has forced the […]
Casino
July 7, 2022
Vietnam May Extend Casino Trial Period by Two Years
Vietnam’s Ministry of Finance requested the extension of the country’s pilot casino program, a VietnamNet report has it. The report also claims that the Ministry requested adding two more casinos to the program. The Ministry Reportedly Submitted an Official Request Vietnam launched its three-year trial in 2019, temporarily allowing locals to play games of chance. […]
Business
July 7, 2022
ParlayBay to Pivot Towards Asia with AzureTech
ParlayBay has signed a distribution partnership with iGaming aggregation platform AzureTech. As a result, ParlayBay will be able to boost the reach of its dedicated sports betting products which will now be part of AzureTech’s platform which has a strong focus on the Asian market. AzureTech to Give ParlayBay Market Boost ParlayBay will benefit from […]
Casino
July 7, 2022
Andrew Lo Steps in as Executive Director for Suncity Group
Suncity Group Holdings finally has a new executive director with Andrew Lo Kai Bong assuming the position. This comes shortly after Lo increased his stake in the company to 74.98%, in what is rumored to be a buyout of the previous director’s shares. Alvin Chau, the former chairman of the company, was arrested back in […]
Casino
July 6, 2022
Wynn Macau to Replace Ian Michael Coughlan in February 2023
Wynn Macau Limited, the company that operates and owns Wynn Macau, announced a key leadership change. Ian Michael Coughlan to Step Down from His Position Next Year The company announced today that its current president, Ian Michael Coughlan decided to step down from his position. The change is effective as of March 1, 2023, the […]
Casino
July 6, 2022
Global Recession May Have Minor Impact on Macau’s Gambling Industry, Claims Report
While the pandemic is yet to reside and Russia’s invasion of Ukraine is ongoing, chances of a global recession are far from slim. The hospitality and entertainment industries are the ones that may feel the impact of a possible recession. However, a new report suggests that a global recession may have a minor impact on […]
Sports
July 6, 2022
Manchester City Signs 8Xbet as Official Sportsbook Partner for Asia
As Premier League clubs at home are wrestling with the idea of dropping gambling sponsorships, even the biggest teams in the topflight competition are striking such deals. The latest is Manchester City which teamed up with 8Xbet, a gambling firm, and sports betting platform, which will be the new regional betting partner of the team […]
Industry
July 6, 2022
JP Morgan Says Re-Tendering of Macau Casino Licenses Imminent
Tuesday’s reveal of Macau’s re-tendering rules caught some by surprise. Analysts and concessionaires responded with cautious optimism about the new rules, pointing out that the last time the industry underwent re-regulation, it took Macau around a month to publish the new rules. That was in 2021. Re-Tendering Rules Arrival Could Mean Imminent Launch of Process […]
Industry
July 5, 2022
Macau Posted the Rules for Re-tendering Casino Licenses
Macau’s government just unveiled the rules for the re-tendering of the region’s gambling licenses. There will be several criteria by which the government will decide whether to license a company or not. Macau Seeks Companies that Can Revitalize the Sector Today, the Macau government published the rules for the re-tendering of the special administrative region’s […]
Casino
July 5, 2022
New MGM-branded Hotel to Open in Shanghai
In a joint venture with Diaoyutai State Guesthouse, MGM Resorts International has announced that it is going to open an MGM hotel in Shanghai called MGM Shanghai West Bund, which will sport 219 guest rooms and suites. The new project will help MGM grow its presence in mainland China. The New MGM-branded Hotel The MGM-Diaoyutai […]