Latest News for: Gaming china

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Policy changes make Macau’s casinos a risky bet

Asiatimes 18 May 2022
Macau’s gaming revenue in April fell 68% year-on-year to 2.67 billion Macanese pataca ($124 million), the lowest in 18 months, due to virus outbreaks and city lockdowns in mainland China ... The resolution was eventually scrapped while Adelson’s Venetian, the parent of Sands China, was later offered a gaming license in Macau.
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Tencent profit halves as crackdown, COVID-19 weigh

Al Jazeera 18 May 2022
Still, regulatory curbs have hurt many of Tencent’s revenue engines, including video games ... China has yet to issue more game licences this month. Mitchell said he expected big firms like Tencent to receive game licences in the future, but that China will approve fewer games overall going forward.
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Hangzhou Asian Para Games too postponed due to rising COVID-19 cases in China

International Business Times 18 May 2022
In a significant development, the Asian Para Games, scheduled to take place from October 9 to 15 in Hangzhou, China, have been postponed due to rising COVID cases in China ... The decision comes just a couple of days after the Hangzhou Asian Games, which were earlier scheduled to be ...
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Tencent reports Q1 profit slump, no growth in revenue

RTE 18 May 2022
The Shenzhen based tech giant has been impacted by user spending on games normalising after a surge over the past two years ... China resumed issuing licenses in April but the latest batch of new licenses did not include games from Tencent, and Beijing had yet to issue a new batch of game licenses this month.
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Tencent profit halves, revenue flat, as ad sales slump

Reuters 18 May 2022
China is yet to issue a new batch of game licenses this month ... The Shenzhen-based company said on Wednesday that user spending on games was normalising after a surge during the pandemic, while a COVID resurgence in China has also dampened payment activities.
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Tencent profit halves in worst performance since listing

Business Day 18 May 2022
Hong KongChina’s ... China has yet to issue a new batch of game licences in May ... The Shenzhen-based company said on Wednesday that user spending on games was normalising after a surge during the pandemic, while a Covid-19 resurgence in China has also dampened payment activities.
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Pentagon-Funded Think Tank Simulates War with China on NBC

GlobalResearch 18 May 2022
NBC’s Meet the Press just aired an absolutely freakish segment in which the influential narrative management firm Center for a New American Security (CNAS) ran war games simulating a direct US hot war with China ... The war game simulates a conflict over Taiwan which we are informed ...
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Caitlin Johnstone: TV War Games Over Taiwan

Consortium News 18 May 2022
hot war with China ... NBC’s Meet the Press just aired an absolutely freakish segment in which the influential narrative management firm Center for a New American Security (CNAS) ran war games simulating a direct U.S ... The war game simulates a conflict over Taiwan which we are informed is set in the year 2027, in which China launches strikes on the U.S.
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Tencent posts no growth in Q1 revenue, misses estimatesRevenue totalled 135.5 billion yuan ($20.08 billion)in ...

Deccan Herald 18 May 2022
Chinese gaming and social media giant Tencent Holdings reported virtually no growth in first-quarterly revenue, its worst ever such performance, and also missed market estimates as China's economic slowdown and a freeze on new game licences weighed on its business ... Meanwhile, a COVID-19 resurgence in China has also dampened payment activities ... China.
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Tencent posts no growth in Q1 revenue, misses estimates

Yahoo Daily News 18 May 2022
HONG KONG (Reuters) - Chinese gaming and social media giant Tencent Holdings reported virtually no growth in first-quarterly revenue, its worst ever such performance, and also missed market estimates as China's economic slowdown and a freeze on new game licences weighed on its business.
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Any sort of fight is wrong: Olympic medallist Bajrang on Satender assaulting referee

Beijing News 18 May 2022
It is my third Commonwealth Games ... Reigning Asian Games gold medallist in the 65 Kg weight category, Punia will not be able to defend his medal this year as Asian Games got postponed due to the COVID-19 pandemic in China. "As a player I am sad but as a human, it is good as cases in China are very high.
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Elon Musk warns China’s economic growth could leave the US in the dust

New York Post 18 May 2022
Billionaire Tesla boss Elon Musk made a bold prediction this week about China’s growth, indicating that it could double or even triple the size of the United States’ economy in the years ahead ... But China’s GDP has surged in recent years and reached $14.72 trillion through the end of 2020, according to World Bank data.
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Xinhua Commentary: The Western media's absurd logic behind China's efforts to resume production

China.dot.org 18 May 2022
BEIJING, May 18 (Xinhua) -- When factories temporarily closed in China amid COVID-19 flare-ups, some Western media blamed China for rattling the global supply chain ... Criticizing China for the sake of criticism is by no means constructive. The unfair accusations are also part of a typical blame game against China.
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China expanding influence in Pacific through economics

Beijing News 18 May 2022
Even as Australia and other nations, attempt to challenge China's recent moves in the Pacific of signing a security pact with the Solomon Islands, the Asian giant's expansion is being attributed to the strong economic ties it forges with the tiny Island countries ... The ex-official noted China's ambitions in the Pacific had been visible for some time.
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Hangzhou 2022 Asian Para Games postponed

People Daily 18 May 2022
HANGZHOU, China, May 17 (Xinhua) -- The Hangzhou 2022 Asian Para Games, originally scheduled to take place on October 9-15, has been postponed, the Asian Paralympic Committee (APC) and the Hangzhou Asian Para Games Organizing Committee (HAPGOC) announced on Tuesday.

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