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
New South Wales chief gaming regulator Philip Crawford said the reinstatement of Crown Resorts’ license in New South Wales is a “realistic prospect”, provided the company has its “structures in place.”

_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.

_2021-04-01
The leading opposition party in Japan, the Constitutional Democratic Party of Japan, published a list of its basic or fundamental policies this week, including a pledge to abolish casinos.

_2021-04-01
The Macau government on Wednesday announced that its mutual extradition agreement with South Korea has come into force, which will allow one country to extradite a fugitive from the other for local prosecution. 

_2021-04-01
Macau’s gaming operators have been reminded to remain neutral and impartial, and to avoid any form of campaigning ahead of this year’s legislative assembly election. 

_2021-04-01
Wynn Macau saw its casino revenues fall 82 percent in 2020 primarily due to adverse effects of the covid-19 pandemic, which saw its casinos closed in Macau for a 15-day period and subsequent reopening on a reduced basis in the year.

_2021-04-01
Melco Resorts’ parent company Melco International Development said it swung to a loss of HK$12.4 billion for the year ended Dec 31, 2020, caused mainly by a 70 percent fall in revenue in the year. 

_2021-04-01
Hong Kong and Singapore will be the first two countries in Asia to achieve widespread vaccination coverage (60-70 percent of population) by the end of

_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
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.

_2021-03-31
Universal Entertainment has announced that a deal in made to sell a plot of land in Parananque, Metro Manila, has been canceled under the impact of the prolonged Covid pandemic.

_2021-03-31
Former Second Vice Minister of Public Administration and Security Lee Sam-Geol has been approved by shareholders to assume the post of CEO of Kangwon Land.