Casino
June 29, 2020
Moody’s Warn of Long and Precarious Recovery for Asia-Pacific Gaming
Financial services firm Moody’s has cautioned that the recovery of the gaming industry in the Asia-Pacific region will be long and uncertain, as a second wave of the pandemic may upset progress so far. Asia-Pacific’s Recovery to Be Long, Says Moody’s The Asia-Pacific region will see a further decline, says credit rating firm Moody’s which […]
Casino
June 15, 2020
New Beijing COVID-19 Cases Unlikely to Disrupt Recovery
According to Hoffman Ma Ho Man the newly-reported cases of COVID-19 will not disrupt the overall recovery and lifting of border restrictions. Still, lifting those restrictions cannot be predicted with accuracy, Ma cautions. COVID-19 Cases in Beijing Not Very likely to Disrupt Overall Recovery GGRAsia, the leading casino business journal covering Asia’s gambling industry, has […]
Casino
April 13, 2020
Yokohoma Continues with IR Bid Despite Coronavirus Emergency
Japan’s Yokohoma prefecture will continue with its IR bidding process despite a state of emergency issued by the central government last week. According to Yokohoma mayor Fumiko Hayashi, the prefecture has all it needs to apply successfully for an IR license and host the first of three such projects in Japan. Yokohama Continues with IR […]
Casino
April 8, 2020
Philippine Casinos Remain Closed through April 30 due to Quarantine
Philippine casinos will remain closed through April 30 after an extension of the quarantine was ordered by President Rodrigo Duterte. Lockdown in Philippines to be extended through April 30 Luzon in the Philippines remains on strict lockdown through April 30 due to COVID-19 outbreak in the country. The initial plan was to end the quarantine […]
Casino
April 7, 2020
Nagasaki Prefecture Published Its Kyushu-Nagasaki IR Basic Concept
Despite the ongoing health crisis regarding the outbreak of the coronavirus, Japanese prefecture Nagasaki continues to push forward with its casino integrated resort /IR/ effort. The prefecture published its Kyushu-Nagasaki IR Basic Concept on Monday and informed it was getting closer to selecting its partner from the private sector. The published document explained in details, […]
Casino
March 31, 2020
Yokohama Allocates More Staff To Coordinate Its IR Bid
Yokohama city, one of the strong contenders to host an integrated casino-type resort /IR/ in Japan, has announced it is pushing up the number of employees coordinating the efforts, as the media GGRAsia reports. Effective April 1, the IR promotion office, under the Urban Development Bureau of the metropolis, is about to increase its staff […]
Business
March 26, 2020
Yokohama Allocates $3.6 Million to IR Efforts
The coronavirus pandemic seems to have brought several parts of the world to a standstill. However, in countries like Japan, the authorities are still proceeding with their long-term plans for development. The country’s plans for its integrated resorts (IR) project is still on track as the country starts to recover from a brief slowdown brought […]
Business
March 25, 2020
Philippine Gov. Aided by PAGCOR with PHP6bn to Help Fight COVID-19
The Philippine government will be aided by PAGCOR with an additional PHP6 billion to help contain the COVID-19 pandemic in the country. Additional Funds Released for the Philippine Government Earlier this month the Socio-Civic Projects Fund (SCPF) of the Office of the President of the Philippines received funding from The Philippine Amusement and Gaming Corporation […]
Legal
February 24, 2020
China Government Cancels Passports Of Its Citizens Involved In Illegal Gambling
Passports of Chinese citizens working for online gambling companies in the Philippines have been cancelled by the Chinese government in its latest attempt to clamp down on illegal gambling that affects the country. Chinese Officials Step Up After the news that China has acquired a list of Chinese nationals that work for online gaming operators […]
Business
January 21, 2020
Genting Group Preparing $10bln For Japanese IR
Amid the bribery allegations against Japanese politicians and the opposition joint effort to abolish the Integrated Casino Promotion Act, the Japanese government decided to postpone the publication of its Basic Policy final set of criteria for selection between the candidates bids, as the Diet needed more time to evaluate public opinion, assess the extent of […]