Archive

_2020-12-03
Macau's Secretary for Economy and Finance Lei Wai Nong said he expects more Mainland visitors during the Christmas and Chinese New Year holiday periods and said the government has a promotion scheme involving free hotel stays to encourage Chinese to stay...

_2020-12-03
Wynn Resorts CEO Matt Maddox has said the casino industry in Las Vegas could come back like in the Roaring 20's as people seek to have fun after surviving the pandemic, but warns that may take two years to happen.

_2020-12-03
The Star Entertainment Group says the easing of Covid-19 restrictions in Sydney will remove the 300 person cap per area and allow it to increase the total number of permitted patrons from 1,800 to 10,000. Rules have also been relaxed in Queensland.

_2020-12-03
If an IR is one day built in Tomakomai city, it will certainly be due to the dogged persistence of its municipal government, which has put forward yet another set of proposals to sweeten the pot and to encourage Hokkaido Governor Naomichi Suzuki to change...

_2020-12-03
Paradise Entertainment, like the majority of the companies in the global gaming industry, has been hit hard by the pandemic, but has taken measures to reduce costs and is counting on technology and new products to help drive the rebound.

_2020-12-03
Grand Korea Leisure has been recognized by the Korea National Council on Social Welfare for the second consecutive year for its charitable contributions to the community.

_2020-12-02
The Gaming Inspection and Coordination Bureau (DICJ) has denied that it has been holding talking with Macau's operators on the possibility of introducing a digital yuan. The news was first reported by Bloomberg.

_2020-12-02
Locals seeking staycations are likely to provide strong support for Summit Ascent in the short term until international travel resumes, Citic Securities analysts wrote in a note.

_2020-12-02
Thai hotel chain, Dusit Thani, has opened its first hotel in Singapore and said that there is strong local demand for "staycations" to support the property while borders are closed.

_2020-12-02
Resorts World Las Vegas will begin sending out invitations for interviews for a potential 6000 jobs at the resort this week. The property is scheduled to open in Summer next year. 

_2020-12-02
Melco Resorts & Entertainment has been given the top accolade at the 2020 Industry Community Awards - Community Award Asia. Chairman and CEO Lawrence Ho was awarded the outstanding individual award for his leadership in supporting stakeholders, colleagues...

_2020-12-02
Imperial Pacific International paid a services firm $130,000 to oversee the construction of its casino and hotel tower and to file the documents with the Commonwealth of Northern Mariana Islands' Department of Public Works. However, the contractor failed...

_2020-12-02
The potential introduction of a digital yuan into Macau would be the final straw for the junket industry, which is already shrinking and diversifying its business model, Bloomberg reports. 

_2020-12-02
Joji Kokuryo, managing partner of Bay City Ventures, speaks with Michael Penn, the executive editor of AGB Nippon, about the candidate locations to host an IR in Japan.

_2020-12-02
Grand Korea Leisure has confirmed in a filing that its Busan Lotte casino has also suspended business in connection with the spread of Covid-19 infect

_2020-12-02
Crown Resorts has announced the appointment of Steven Blackburn, currently at National Australia Bank, as its chief compliance and financial crimes officer, effective from March 2021.

_2020-12-02
The committee established by the Yokohama municipal government to select its IR consortium partner has elected the famous former Finance Ministry bureaucrat Eisuke Sakakibara (also known as “Mr. Yen”) and its chairman, and has opted to close its deliberations...

_2020-12-02
The Yokohama municipal government has indicated that it will establish a new panel tentatively named the "Concern Countermeasures Study Group” to look into issues such as gambling addiction and special security problems that might attend the opening...

_2020-12-01
Macau’s monthly revenue disappointed to the downside again in November, prompting another round of estimate cuts and further pushing out the prospects for a full recovery.