1. Crown under the spotlight in Australia
The inquiry into Crown Resorts’ licence suitability in Australia has resumed now that casino group Melco has withdrawn from a deal to buy a 19.9 per cent stake in Crown.
The ILGA started an inquiry into the deal following a news reports suggesting that Crown had conducted business with VIP junkets with links to crime, but called a halt to the inquiry earlier this year in face of the Covid-19 pandemic. This week the ILGA said that it would now resume the investigation.
Crown is resisting any suggestion that it has acted improperly in its dealings with junkets
2. The Star Sydney reopens to public, Brisbane and Gold Coast casinos to open Friday
Star Entertainment Group has reopened its flagship property, The Star Sydney, and also at its two Queensland casinos last Friday, as Australia continues to relax COVID-19 restrictions.
Having previously reopened to a limited number of invited loyalty club members on 1 June, The Star Sydney expanded its operations on Wednesday with a maximum of 5,000 patrons allowed onto the main gaming floor at any one time based on the NSW Government requirement of one person per four square meters of floor space. All gaming tables and EGMs are allowed to operate provided there is a minimum of 1.5 meters of space between guests.
The Star Sydney will also unveil its upgraded and expanded Sovereign Room on Friday, with the formal opening of the improved private gaming space scheduled for August.
In Queensland, both The Star Gold Coast and Treasury Brisbane will reopen from midday this Friday 3 July, with maximum capacity of 2,600 people and 2,300 people respectively.
3. Macau GGR down 97% in June
Macau’s gross gaming revenue declined by 97.0% year-on-year to just MOP$716 million in June, its lowest total to date and the third straight month in which revenue has fallen by more than 90 percentage points.
The figures, published by the Gaming Inspection and Coordination Bureau on Wednesday, come after Guangdong Province introduced mandatory 14-day quarantine for all arrivals from Macau in late March, driving visitation to record lows.
Macau’s DICJ previously reported a 96.8% decline in GGR in April to MOP$754 million and a 93.2% fall in May to MOP$1.76 billion.