Casino
January 2, 2021
China Decided Crown Sydney’s Fate Ahead of License Decision
Long-awaited opening of Crown Resorts’ new AU$2.2 billion casino resort in Barangaroo near Sydney happened Monday, but casino operations did not commence as the Independent Liquor and Gaming Authority (ILGA) blocked the ASX-listed company from opening its casino until a final decision regarding its casino license is reached. ILGA Final Decision Pending Following on Crown’s […]
Casino
January 2, 2021
Macau Casinos Extend Furloughs to 2021 to Help Recovery
Voluntary unpaid leave for staff extends in more than four Macau Casinos in 2021. At least four of Macau’s six casino operators approached by GGRAsia have already extended furlough for their staff to 2021. Gaming Staff in Macau Takes Voluntary Unpaid Leave Six gaming operators in Macau were approached by GGRAsia with questions about their […]
Casino
January 2, 2021
Macau’s Annual Casino GGR Crash to 79.3% in 2020
With 2020 over, Macau has posted its worst year to date for the special administrative region’s casino industry. Macau’s GGR Collapses to 79.3% YOY Macau has turned the key on its worst year for gambling to date, with casino gross gaming revenue (GGR) plummeting by 79.3% year-over-year in 2020. All of that has been caused […]
Legal
December 30, 2020
JP Morgan Outlines China Criminal Law Amendment Implications
The criminal law amendment in China seeking punishment for organizers of trips with gambling purposes outside the country for mainland residents could make junket operators who used to bring high-rollers to Macau casinos anxious, a Tuesday memo from JP Morgan Securities (Asia Pacific) outlines. Junket Industry under Threat The ban effective from March 1, 2021 […]
Industry
December 29, 2020
Genting Malaysia’s RWG Casino Complex Unaffected by Lockdown Order
Malaysian casino resort Resorts World Genting stated it will not be concerned by the country’s EMCO, a lockdown order against the spread of Covid-19. RWG Not Concerned by Strict Lockdown Malaysian gambling operator Genting Malaysia Berhad’s Resorts World Genting (RWG), the casino resort at Genting Highlands near the nation’s capital Kuala Lumpur, will not be […]
Legal
December 29, 2020
Gambling Trip Organizers to Receive Prison Sentences in China
According to a recent change to China’s Criminal Law, organizers of overseas trips with the intent to gamble may face charges and a sentence of up to 10 years. The tough measure may be a part of China’s crackdown on gambling and comes into effect on March 1 next year. Changes to Criminal Law Incriminate […]
Industry
December 29, 2020
The Philippines Extends Measures in Metro Manila
The Philippines has extended the lockdown measures on Metropolitan Manila until 31 January next year. Extended Measures On Monday, Philippine President Rodrigo Duterte announced that Metropolitan Manila will remain under general community quarantine (GCQ) until the end of January 2021. Mr. Duterte’s statement was released by the country’s official media agency – the Philippine News […]
Legal
December 29, 2020
Macau Police Force Stops $1.78 Billion Criminal Network
Macau’s Judiciary Police and Chinese authorities have stopped a $ 1.78 billion criminal operation. Macau Stops Illegal Operation Macau’s Judiciary Police announced on Tuesday that it had successfully stopped an illegal point-of-sale (POS) operation in the gambling capital of the world. According to the report, the alleged criminal operation has been running since 2016. Since […]
Legal
December 29, 2020
Online Gambling May Be Punishable by Death Sentence in Iran
Online betting and gambling activities may be punishable by death in Iran if a newly proposed bill is accepted. A Bill Proposes Death Sentence for Gambling in Iran Online gambling and betting may soon be punishable by death sentence according to a newly drafted bill in Iran. The bill, drafted by the Vice President of […]
Casino
December 28, 2020
Mohegan Gaming Faces Delay to South Korea’s Inspire Casino Resort Due to Covid-19
Inspire Entertainment Resort at Incheon, South Korea, is suffering due to Covid-19 pandemic, which has hit the global casino industry and has halted the construction of the Midan City resort, backed by Caesars and Inspire Resort. Mohegan Postpones Phase 1 of Inspire Project to 2023 US tribal casino operator Mohegan Gaming and Entertainment said that […]