Your Daily Asia Gaming eBrief: Central Asia regulating gambling harm prevention
Ilya Machavariani and Ivan Kurochkin, partners with consultancy firm 4H, discuss the latest developments in Central Asia. Kazakhstan introduced more restrictive legislation two years ago, but the government there is now focusing on player safety. Uzbekistan is moving forward.
PAGCOR is complying with the Supreme Court's order that Kazuo Okada and his team be reinstated to the board of Tiger Resort, Leisure & Entertainment. Okadas' representatives deny their team used violent methods in their takeover of Okado Manila. Melco Resorts' EBITDA is only likely to reach 4 to 5% of 2019 levels. Moody's is concerned about Macau's credit rating. Asia's first conference since the pandemic is taking place.
PAGCOR is complying with the Supreme Court's order that Kazuo Okada and his team be reinstated to the board of Tiger Resort, Leisure & Entertainment. Okadas' representatives deny their team used violent methods in their takeover of Okado Manila. Melco Resorts' EBITDA is only likely to reach 4 to 5% of 2019 levels. Moody's says Macau's economic recovery is weighing on Melcos' credit rating.
Delta expands land-based casino portfolio with Goa’s Zuri Hotels. Crown Resorts gets go-ahead to open Sydney's first casino.
Delta expands land-based casino portfolio with Goa’s Zuri Hotels and Crown Resorts gets go-ahead to open Sydney's casino. Central Asia regulates gambling harm prevention. Genting Group's U.S. GGR is improving.