Asia
Macau casino stock prices surge after easing of travel restrictions

In a rare piece of positive news for the gambling and casino industry, casinos in Macau saw their stock prices surge this week after the neighboring province of Guangdong eased travel restrictions to allow more people to visit the gambling capital of the world.
Macau has since 2007 generated more gambling revenue than any place on Earth, outstripping Las Vegas. However, the onset of the coronavirus pandemic, and the subsequent travel bans, have severely damaged the Chinese region economically.
Figures from June reported a 97 percent decline in casino revenue year-on-year, the lowest decline in Macauâs history, while last monthâs reports meant Macau suffered year-on-year decline of more than 90 percent for three successive months.
Macauâs financial difficulties during the Covid-19 outbreak have been reflected in other gambling hotspots, including Las Vegas and New Jersey, with thousands of jobs lost and thousands more at risk.
However, this week stock prices rebounded in a big way, offering a glimmer of hope that Macau and its leading casinos are on the road to recovery. Galaxy Entertainment closed at a 6.2 percent gain having at one point surged to 11.1 percent, while Sands China â another prominent company on the Macau strip â closed at a five percent increase.
The stock surges came after Guangdong ended its 14-day quarantine requirements for visitors crossing the Guangdong-Macau border, starting from July 15. Instead of a mandatory 14-day quarantine, visitors must now hold âgreenâ health cards and present a negative Covid test that proves they tested negative within the seven days prior to arriving in Macau.
Considering that Guangdong â with a population of more than 113 million people â was responsible for around half of Macauâs annual visitors last year, this easing of restrictions is a massive boost to Macauâs economy, and economic experts believe the city will start to rebound as a result.
âWe expect the removal of the quarantine requirement will lead to a rebound in Macauâs gross gaming revenue following a 77 per cent drop in the first half of 2020, and help reduce gaming operatorsâ cash burn,â said Sean Hwang, an analyst at Moodyâs Investors Service.
âHowever, we expect the recovery in Macauâs gaming market to be slow, given continued restrictions and new requirements for travel, sluggish economic growth across the region, and the publicâs lingering fear of contagion.â
Macauâs biggest strength in ânormalâ times has proved to be its biggest weakness during the pandemic. A special administrative region in China, Macau welcomes around 35 million visitors each year, the overwhelming majority of whom visit to gamble and enjoy the entertainment associated with the casino resorts.
As the only region in China with legal gambling, Macau has had a near monopoly on Chinese visitors who wish to gamble, plus the many international tourists who visit to enjoy the luxury and decadence on offer in the city.
However, as travel bans ground domestic and international tourism to a halt, Macauâs over-reliance on the casino industry has become horribly exposed. While casino operators in North America, Europe, and other parts of Asia have been able to pivot toward online casino betting services to help soften the economic blow, Macau has been left stranded due to Chinaâs restrictions on online gambling.
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Macauâs reliance on casino revenue has not been lost on the regionâs head of government, Ho lat Seng, who in April criticized the âexcessive dependenceâ on the gambling industry as it became clear just how badly hit Macau had been by the economic effects of the pandemic.
âWith the outbreak of the novel coronavirus, the gaming and tourism industries registered significant declines, with profound impact on industries connected to these areas,â Ho said. âThis demonstrates, once again, the vulnerability and the enormous risks of the Macau economy’s excessive dependence on gaming and tourism industries.
âThe healthy and stable development of the gambling and tourism sector will continue for a certain period of time and will be the basis of the continued stability of the economy of Macau. Nevertheless, if the monolithism of the industrial structure remains unchanged, it will inhibit the sustainable development of Macao’s economy.â
While Macau undoubtedly needs to do more to diversify its economy, the easing of travel restrictions and the stock market surge for casino operators at least offers some good news after months of nothing but doom and gloom.
Asia
ZITRO TO SHOWCASE CONCEPT CABINET LINE AND NEW GAMES AT G2E ASIA 2025

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As excitement builds for G2E Asia 2025, Zitro is set to make a powerful statement with the debut of its all-new CONCEPT cabinet line alongside a portfolio of new, tailor-made game titles designed specifically for the Asian gaming market. This yearâs lineup reflects Zitroâs continued evolution as a key player in gaming innovation, offering both cutting-edge hardware and captivating content.
Among the titles on display will be Legendary Sword, Triple Charm Journey, Fairyland Quest, King Fu Frog, Merging Fu Pots, Lucky Vaulty, and Cash Totemsâeach developed with exciting features, enhanced with rich narratives, and high-quality multimedia to elevate player engagement across diverse markets.
Zitroâs rising influence in Asia is evident. The companyâs recent expansion in the Philippinesâwhere Zitroâs slot games are among the top performers in casinos within Entertainment Cityâunderscores its rapid success in the region.
âWe are proud to showcase our latest innovations at G2E Asia 2025,â said SebastiĂĄn Salat, President International of Zitro. âOur commitment to the Asian market remains steadfast, and we are confident that our player-centric productsâcrafted with deep understanding of the regionâs vibrant gaming cultureâwill resonate with both operators and players. The introduction of our CONCEPT cabinet line and ambitious 2025 game release roadmap in place marks a new chapter for Zitro in this market, and we look forward to sharing it with the Asian gaming community.â
The post ZITRO TO SHOWCASE CONCEPT CABINET LINE AND NEW GAMES AT G2E ASIA 2025 appeared first on European Gaming Industry News.
Asia
NOVOMATIC Announces New Strategic Distribution Partnership with Harvest Gaming

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NOVOMATIC has announced a new strategic distribution partnership with Harvest Gaming, a renowned company based in Singapore. This new venture marks an important step in NOVOMATICâs strategy of expanding its presence across Asia and reinforces the Groupâs long-term commitment to international growth through strong regional collaborations.
Under the new agreement, Harvest Gaming will represent NOVOMATICâs leading portfolio of land-based gaming solutions in Singapore, Malaysia and Vietnam. With its in-depth market knowledge, excellent industry relations, and a customer-focused approach, Harvest Gaming is ideally positioned to support NOVOMATICâs growth and deliver tailored solutions to local operators.
âWe are delighted to partner with Harvest Gaming in order to strengthen our footprint in Southeast Asia. Their deep understanding of the regional markets and dedication to supporting our customers make them excellent representatives of the NOVOMATIC brand. This partnership will allow us to serve operators in Singapore, Malaysia, and Vietnam better with our tailored, high-performance gaming solutions,â Michael Barsin of NOVOMATIC Sales said.
âWe are proud to be appointed as NOVOMATICâs distributor for this important region. NOVOMATIC is globally recognized for its innovation, quality, and reliability â values that perfectly reflect our own business philosophy. We look forward to working closely with the NOVOMATIC team to support our customers and drive mutual growth in Southeast Asia,â Alfred Hwee, General Manager at Harvest Gaming, said.
This new partnership further expands NOVOMATICâs global distribution network and enhances the Groupâs ability to meet the specific needs of customers in one of the most dynamic regions of the international gaming industry.
The post NOVOMATIC Announces New Strategic Distribution Partnership with Harvest Gaming appeared first on European Gaming Industry News.
Asia
NOVOMATIC: Showcasing cutting-edge gaming innovations for the Asian market at G2E Asia 2025

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Visitors to the NOVOMATIC booth #A518B will experience a portfolio designed to meet diverse operator needs, featuring the latest cabinets, game mixes, and electronic table games that exemplify NOVOMATICâs ongoing commitment to excellence and innovation.
New highlights and classic favorites await
This year, NOVOMATICâs booth will spotlight a dynamic selection of state-of-the-art products, with a focus on enhancing the player experience and maximizing operator performance. The DIAMOND Xâ˘Â series returns with significant upgrades to its sophisticated design and powerful performance, presenting: DIAMOND X⢠1.55J QUATTRO featuring XTENSION LINK⢠Volume 3, XTENSION LINK⢠Volume 4, and the all-new XTENSION LINK⢠Evolution. The multi-screen version DIAMOND X⢠2.32/3.32 equipped with GAMINATOR⢠X5, will deliver a rich selection of entertaining game titles.
Additionally, the BLACK EDITION II series will make a remarkable appearance with BLACK EDITION II XL 2.32/3.32 showcasing the popular IMPERA LINK⢠Series 2 and BLACK EDITION II 1.49J featuring both Impera PROLINKâ˘Â and the latest RISING TREASURESâ˘. New releases will be complemented by proven classics such as MASTER SL⢠2.32/3.32 featuring the GAMINATOR⢠X5.
Innovative solutions to enhance operational efficiency
Among the highlights of NOVOMATICâs presentation will be the NOVO UNITY⢠PRO, a state-of-the-art electronic table game solution with unprecedented functionality and adaptability. This ETG solution seamlessly integrates electronic live games â including Sic Bo, Baccarat, Roulette, Poker, Black Jack, and even slot games â across numerous player stations. The key benefits include customization for unique gaming experiences, the advanced management console & NOVO UNITY⢠DB server as well as Tournament Mode and Simultaneous Betting/Parallel Play â where players can take part in up to three live games simultaneously, enhancing interactivity and engagement. Extra game windows on the betting screen enable guests to switch between the available games and versions.
Also on display will be the NOVOVISION⢠Casino Management System, with its comprehensive suite of modules that include powerful loyalty features, TITO, cashless or single wallet solutions, advanced biometric functionalities and much more. From player recognition to secure access solutions, NOVOVISION⢠sets a new standard for an efficient and secure gaming management.
Engage, experience, and innovate at G2E Asia 2025
Kenan Bajram, Deputy Director Global Sales at NOVOMATIC AG, highlights the companyâs enthusiasm for the event: âG2E Asia is a key platform for NOVOMATIC to demonstrate our latest innovations to the Asian market. This year, we are excited to present a diverse portfolio of cutting-edge solutions that cater to the specific needs of our customers. From the DIAMOND Xâ˘Â series to the innovative NOVO UNITY⢠PRO, our showcase is designed to inspire and impress. We look forward to welcoming visitors to our booth and sharing our latest advancements.â
Visit NOVOMATIC at Booth #A518B during G2E Asia 2025 to discover the future of gaming technology, tailored specifically for the Asian market.
The post NOVOMATIC: Showcasing cutting-edge gaming innovations for the Asian market at G2E Asia 2025 appeared first on European Gaming Industry News.
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