Archive

_2021-04-01
Mohegan Sun's project in Incheon South Korea has received government approval for an extension to its construction deadline and tweaks to the business plan.

_2021-04-01
Landing International said its foreigner-only integrated resort in South Korea generated positive revenue in the second half of the year after it switched its focus to marketing to locals.

_2021-04-01
Imperial Pacific International says its business is still viable despite reporting a loss for the past two years and said its controlling shareholder has pledged to provide finance to settle its liabilities and and potential litigation costs.

_2021-04-01
Gross gambling revenue in Macau was up 14 percent from the prior month as visitation volume increased and was down 68 percent from pre-crisis levels in 2019, according to figures from the Gaming Inspection and Coordination Bureau (DICJ).

_2021-04-01
Galaxy Entertainment has become an investor favourite and is likely to boost its mass and premium mass market share as the Macau market recovers, Bernstein Research wrote in a note upping its target share price on the company.

_2021-04-01
It's well over six months into the administration of Yoshihide Suga, but the government has given scarce information about its IR development plans.

_2021-03-31
Century Entertainment said it now expects the opening of a new casino in Dara Sakor to take place in April after being delayed to a new round of Covid-19 mandated closures in Cambodia.

_2021-03-31
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_2021-03-31
500.com, which has been transforming from a Chinese online lottery company into a cryptocurrency mining enterprise, says it has completed the acquisition of a stake in Loto Interactive for HK$105 million ($13.5 million).

_2021-03-31
Bloomberry Resorts has hit back at a lawsuit filed against the company's chairman in New York by the Philippines unit of Global Gaming Asset Management as "shameless" forum shopping and said it will vigorously defend case.

_2021-03-31
Moody's has reaffirmed the credit ratings of Genting Bhd and Genting Singapore, but said the outlook remains negative due to the uncertainty regarding the pace of recovery.

_2021-03-31
Dealer wages in Macau's six concessionaires as of March this year ranged between MOPO21,500 and MOP22,100 ($2,759) a month, with the highest average being paid by MGM China, followed by Sands China, the New Macau Gaming Staff Rights Association said.

_2021-03-30
Suncity Group Holdings says it’s putting cost cutting initiatives in place to enable its flagship Hoiana resort in Vietnam to ride out the pandemic storm and continues to explore international opportunities.

_2021-03-30
Suncity Group said its Hoiana integrated resort in Vietnam has generating revenue of $4.8 million since its preview in June last year and had an adjusted EBITDA loss of about $32 million.

_2021-03-30
A unit of Global Gaming Asset Managers is suing Bloomberry Resorts Chairman Enrique Razon in a New York court, claiming he illegally terminated a management accord for the Solaire Resort & Casino and is hiding assets in the U.S. to avoid payment of an...

_2021-03-30
Shares of Indian mobile gaming platform Nazara Technologies surged more than 80 percent in their market debut on Tuesday, with the initial public offering raising about $80 million.

_2021-03-30
It’s a term that’s frequently over-used, but if you were a land-based gaming operator in Asia last year, it truly was an “annus horribilis.”

_2021-03-29
Tabcorp says it’s taking time to carry out a strategic review of its businesses to extract more value for shareholders after receiving unsolicited bids for its wagering and media business, which it says were too low.

_2021-03-29
Tabcorp Holdings said it views the unsolicited approaches for its wagering and media business are too low. The proposals, including an offer from the U.K.'s Entain, were for $3 billion.