Archive

_2021-03-19
Lotte Tour Development is eagerly awaiting official permission to open the Jeju Dream Tower casino, something which will likely boost revenues considerably. However, the licensing process has been proceeding more slowly than anticipated. Originally thought...

_2018-03-15
The IR implementation bill won’t be submitted to the legislature this month, as had been planned, throwing doubt over the timetable for the bill. Th

_2018-01-30
The head of the Macao Government Tourism Office (MGTO), Maria Helena de Senna Fernandes said there is no guarantee that MGM Cotai will open by Chinese

_2017-11-29
A mass exodus of workers on the Imperial Pacific Resort construction site could mean more delays are in store for the casino-hotel, which is aiming to

_2017-10-05
Morgan Stanley analysts have revised down its estimates for MGM China after the company announced the delay of its new Cotai property, as well as high

_2017-09-28
MGM China announced on Friday it is no longer targeting a fourth quarter opening of MGM Cotai after assessing damage caused by Typhoon Hato which stru

_2017-09-25
SJM’s Grand Lisboa Palace will have its opening delayed following a fire at the casino’s construction site over the weekend, according to executiv

_2017-09-19
Members of the Abe government and the ruling party confirmed to the Japanese media that no progress would be made on passing either the gambling addic

_2017-07-30
The 13 Holdings Ltd. missed its July 31 deadline to open its hotel in Macau, a condition of its HK$3 billion (US$384 million) loan from Bank of Commun

_2017-07-04
The outcome of Tokyo’s local elections on Sunday is likely negative for IRs, but could be a relief for Japan’s pachinko industry, says Union Gamin

_2017-06-29
In a filing to the Australian Stock Exchange on Friday, Silver Heritage Group Ltd. announced the launch of a fully underwritten accelerated renounceab

_2017-05-28
Genting Malaysia Bhd may be forced to write off its $274 million investment in its US tribal casino should the US Department of Interior (DOI) decide

_2017-04-11
The Primorye Territory Development Corporation is seeking to terminate its agreements with Royal Time Primorye, as a result of the latter missing its

_2017-03-01
Silver Heritage Group Ltd. posted a widened net loss of US$4.6 million for the 2016 financial year, according to the company’s filing to the Austral

_2017-02-12
Philippine’s largest integrated resort Okada Manila has pushed back the date of its grand opening to the end of March, according to a company press

_2017-02-11
The bridge connecting Hong Kong, Zhuhai and Macau is expected to complete by the end of 2017, said Hong Kong’s Secretary for Transport and Housing.

_2017-01-25
The launch of Macau’s junket-proposed debtor database system is likely to be delayed as it awaits approval from relevant authorities in Macau, local

_2017-01-17
MGM Resorts has pushed back the expected opening of its HK$24 billion ($3.1 billion) integrated resort, MGM Cotai, to the second half of 2017. “Give

_2016-11-29
James Packer’s plan to separate some of Crown Resorts’ domestic assets from its international assets may take longer than the initial nine-month t