Asia round up: Cricket, Korea and the sound of feet in Macau
Asia round up includes cricket, Korea and the sound of feet in Macau.
As of 1 October, Macau saw a significant increase in footfall. The first three days of October saw 91,000 people travel to Macao. Most of the traffic was from the Chinese mainland.
Grand Korea Leisure reported a 169% annual rise in revenue. Paradise Co lost money compared to August, but still posted a 313% increase on September 2021. The first nine months of 2022 have proven healthy for Paradise, with KRW217.5bn in revenues.
Ozzie sports teams extend refusal of sports betting advertising. Cricket NSW, A-League football clubs Western Sydney Wanderers FC and Macarthur FC have signed two-year extensions of the original agreement to not show sports bets ads at home games.
Deutsche Bank gives thumbs down to Macau’s Q4 but expects bleeding to slow. Gross gaming revenue will fall to around MOP14.6bn ($1.8bn) in Q1 2022.
