Wednesday, June 29, 2022

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Frank McFadden appointed SJM COO

2020-06-10

Frank McFadden has been appointed Chief Operating Officer for Gaming and Hospitality of SJM Holdings, replacing the recently-resigned Ng Chi Sing.

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SJM COO Ng Chi Sing steps down

2020-06-10

Following its annual board meeting on Tuesday, SJM Holdings has announced the resignation of Ng Chi Sing as chief operating officer and executive dire

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Grind mass to suffer most from new normal: MS

2020-06-10

Social distancing rules under the “new normal” will impact grind mass business most, due to the restriction of three gamblers per table, according

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U.S.-China tensions a heightening threat to foreign firms in Macau

2020-06-08

The steep deterioration in US-China tensions, coupled with the coronavirus outbreak poses serious threats to foreign firms involved in the Macau gamin

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Gaming taxes down 56.5% in Jan-May period

2020-06-08

Gaming taxes collected by the Macau government between January and May fell 56.5 percent year-on-year to MOP21 million (US$2.6 million), according to

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Galaxy begins soliciting event proposals for new convention center

2020-06-07

Galaxy Entertainment has begun to solicit event proposals for the Galaxy International Convention Center (GICC), expected to open in the first half of

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Sands China to repatriate Filipino workers

2020-06-05

Sands China is organizing a flight to repatriate some 130 Filipino workers stranded in Macau due to the Covid-19 pandemic, according to local media reports.

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Macau’s recovery depends on easing travel restrictions: Bernstein

2020-06-05

Bernstein Research emphasized in a note on Thursday that the pace and scope of the recovery in the Macau gaming industry was tightly linked to governm

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Chongqing resumes IVS visa processing

2020-06-04

Chongqing has resumed the processing of the Individual Visit Scheme (IVS) and group tour travel visas to Macau and Hong Kong, according to an announce

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Sands China to increase liquidity with senior notes issuance

2020-06-03

Macau casino operator Sands China Ltd has announced the issuance of senior unsecured notes due 2026 and 2030, with net proceeds of approximately US$1.

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Pansy Ho taking more direct role in MGM China: Bernstein

2020-06-02

Bernstein Research has noted with some concern that Pansy Ho seems to be personally stepping into the leadership vacuum at MGM China with the recent d

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Sands China posts $9 million in revenue in April

2020-06-02

Macau casino operator Sands China has not been spared by the impact of the coronavirus in Macau, posting only US$9 million in net revenues in April, l

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Macau gaming revenue falls 93% in May

2020-06-01

Greater China’s gambling enclave posted a 93 percent decline in gross gaming revenue in the month of May, due to continued travel and border restric

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Former Macau monopoly needs leadership shakeup

2020-05-29

The death this week of Stanley Ho, the towering figure of the gambling industry in Macau, produced global headlines, and for good reason: He had helped shape history, both in southern China and in much of East Asia.

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US-China disputes threaten blowback on Macau concessionaires: Analysts

2020-05-29

Recent diplomatic moves such as this week’s declaration by US Secretary of State Mike Pompeo that he will no longer consider Hong Kong as autonomous

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Macau hotels had average occupancy rate of 12.9 percent in April

2020-05-29

The Statistics and Census Service (DSEC) has confirmed the dire state of the hotel industry in Macau, noting that the Covid-19 impacts reduced the ave

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Stanley Ho’s passing should not have impact on SJM: Analysts

2020-05-27

The death of Stanley Ho is not expected to have any impact on SJM Holdings’ operations, given Ho’s limited involvement in the business since 2009,

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Suncity Group to use fiscal reserves to cover shareholder losses

2020-05-27

Casino and junket operator Suncity Group on Tuesday announced fiscal measures to “enhance shareholders’ confidence” in the group’s future pros

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Macau rising up the ranks of international convention cities

2020-05-26

Macau is currently the 48th ranked international convention city, up 23 places since the last survey, according to International Congress and Convention Association (ICCA) “International Meetings Market 2019 Report.”

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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