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Melco Switches Focus to Yokohama, Withdraws from Osaka Bid

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Melco Switches Focus to Yokohama, Withdraws from Osaka Bid
Photo Source: japantimes.co.jp
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Melco Resorts and Entertainment has announced that it would focus its IR campaign on Yokohama and withdrew its participation in bidding for the Osaka Yumeshima location.

“‘Yokohama First’ is a plan that gathers a top-notch team of experts to focus on creating an IR in Yokohama city the likes of which the world has never seen. We are well prepared to carry out activities contributing to the future of Yokohama and to push forward the further development of the city as an international tourist destination. Melco is a suitable partner for Yokohama and its surrounding areas,” Lawrence Ho, Chairman and CEO of Melco Resorts and Entertainment said.

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BGMI MASTERS SERIES SEASON 3 SET TO LAUNCH WITH EXCITING NEW INITIATIVES

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The BGMI Masters Series (BGMS), India’s premier esports tournament, is back with its highly anticipated third season. Season 3 will begin on Friday, July 19 at 7:00 PM and will run until August 11 on the Star Sports Network. This season promises to be the most thrilling yet, with several innovative features for an esports experience like never before.

Broadcast Schedule:

  • Monday to Saturday: 7:00 PM – 9:00 PM
  • League week Sundays; Playoff & Finals: 6:30 PM – 9:00 PM

Channel Mix:

Fans can catch all the action on Star Sports 2 (HD & SD) in English and Star Sports First in Hindi. Fans will also have the option to switch to Tamil & Hindi commentary on SS2 using the blue button.

Digital Streaming:

The entire BGMI Masters Series will also be streamed on Star Sports & Nodwin Gaming’s YouTube, making it accessible to a broader audience.

Exciting New Features for Season 3:

  1. Powerplay:
    • Returning from Season 2 to make the game action-packed from the get-go, this feature rewards double the points to squads for each finish they achieve in the first circle of each match.
  2. Impact Player:
    • For the first time, , the in-game leader will conduct a random draw to select the Impact Player. This player will earn double points for each finish.
  3. Bounty:
    • Also debuting this season, the top 4 teams based on the standings of the league week’s first match will carry a bounty. In subsequent matches, the top 4 teams overall will carry a bounty, with ten bounty points awarded for wiping out an entire squad.

Impact and Reach:

Over the first two seasons, BGMS has garnered an impressive reach of over 100 million across linear and digital platforms. As the biggest esports IP in the country, BGMS continues to play a pivotal role in bringing esports into the mainstream.

Fan Engagement Initiative: Play with the Masters:

BGMI fans now have the unique opportunity to play the game directly with top BGMI gamers featured in BGMS everyday through the ‘Play with the Masters’ initiative. This exciting feature, introduced by Star Sports and Nodwin Gaming, encourages viewers to follow Star Sports’ & Nodwin Gaming’s social handles and tune into the BGMS broadcast for updates on how to participate.

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Skyesports Championship 2024 – Counter-Strike 2 to take place at Taj Lands End Mumbai, 12 teams to battle it out for $300,000 prize pool

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Skyesports, a premier global IP and community builder for gaming and esports, has unveiled the venue for the anticipated Skyesports Championship 2024, a $300,000 Counter-Strike 2 esports tournament. The event, featuring 12 teams, is set to happen at the Taj Lands End in Mumbai, India from July 23 to 28.

Commenting on the tournament, Shiva Nandy, Founder and CEO of Skyesports, said, “We are thrilled to welcome international teams to India for the $300,000 Skyesports Championship. This event, at the Taj Lands End in Mumbai, is among the most significant ones of our 2024 Counter-Strike esports roadmap. As we position Skyesports’ IPs for new audiences, this tournament is a crucial milestone for our long-term plans in the game. Our vision of bringing international teams to India to participate in our IPs is coming true, and we are setting a platform to establish India as a global hub for esports. This is a pivotal moment in putting India on the global esports map.”

The Skyesports Championship will happen across two stages: the Group Stage and the Playoffs. The Group Stage will take place from July 23 to 25 with the 12 teams split into two groups of six teams each. Each group will compete in a single round-robin format with the top three teams advancing to the Playoffs. The group stage will adopt a “semi-LAN” format where the teams will be competing from remotely set-up bootcamps at the Taj Lands End.

The Skyesports Championship 2024 Playoffs will move to the main stage at the Taj Lands End, where the six teams will battle it out in a single-elimination bracket for the title of champions on July 27 and 28. Additionally, there will be a lot of surprises set for fans in the Skyesports Championship 2024.

The complete list of teams is as follows:

● Aurora Gaming
● AMKAL Esports
● BetBoom Team
● Bleed Esports
● DMS
● ENCE
● Eternal Fire
● Parivision
● Revenant Esports
● The MongolZ
● 3DMAX
● True Rippers Esports

Aurora Esports, the Serbian champions of the previous international Skyesports events—the $350,000 Skyesports Masters 2024 and the Skyesports Grand Slam 2024 in Pune, India—are once again traveling to the country, aiming for the throne. Joining them are Turkey’s Eternal Fire, Mongolia’s The Mongolz, and formidable European teams such as ENCE, Bleed Esports, and Revenant Esports.

Additionally, open qualifiers for Europe and India were held, granting two direct slots for the Skyesports Championship 2024 Main Event. True Rippers will be representing India, while 3DMAX have secured the European qualification for the event.

Fans can catch all the action live on the Skyesports YouTube and Twitch channels. The tournament will be broadcasted in several languages, including English, Hindi, Russian, Portugal, and Mongolian – a testament to the global nature of the Skyesports Championship IP.

The Skyesports Championship is India’s longest-running homegrown esports IP. The tournament was introduced in 2018 as a regional competition for South India. Since then, it has grown manifolds year-over-year to become one of the most prominent esports events in the 2024 calendar.

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Macau Gaming Growth to Slow Down Amid China’s Clampdown on Illegal Money Exchanges

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Macau’s gaming sector is likely to see a slowdown in EBITDA growth in June and July due to the mainland’s crackdown on illegal money exchange operations in Macau, according to a recent forecast by Morgan Stanley.

China’s Ministry of Public Security has launched a major campaign to target “money exchange gangs” providing large-scale cash exchange and loan sharking services to mainland Chinese gamblers in Macau. These illicit activities have been facilitating the flow of funds out of China, which authorities view as a threat to financial stability.

The crackdown has already yielded results, with police across China reporting successful operations that have uncovered millions in illegal exchange activities and the arrest of dozens of suspects. However, analysts warn that disrupting these unofficial currency exchange channels could potentially lead to a slowdown in mainland Chinese travel to Macau’s gaming industry.

Praveen K Choudhary, Gareth Leung and Stephen W Grambling of Morgan Stanley project that the second quarter will see the first negative quarter-on-quarter growth in both mass gross gaming revenue (GGR) and corporate EBITDA since the post-Covid-19 reopening. Mass GGR is expected to decline 2% quarter-on-quarter, reaching 113% of 2019 levels, while corporate EBITDA is forecast to decrease 7% quarter-on-quarter, reaching 80% of pre-pandemic levels.

The brokerage firm predicts that June and July will see a slowdown due to the money exchange crackdown, while weaker macroeconomic conditions, consumption, and retail sales in China could persist in the third quarter and further impact the Macau market.

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