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Regulator orders IPI to maintain 3 months working capital

2020-06-26

The Commonwealth Casino Commission has adopted an order requiring Imperial Pacific to maintain enough working capital to pay three months of wages in a bank either in the Commonwealth of Northern Mariana Islands or U.S. bank, local media reports.

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Caesars revenue growth not enough to offset Q2 loss

2019-08-06

The strong performance of its Caesars Entertainments’ Las Vegas properties helped to boost total revenue for the second quarter of 2019, in-line wit

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Sands China gets $2b credit line

2018-11-20

Sands China said it entered into an accord with lenders for a $2 billion revolving credit line for general corporate purposes. The facility is avai

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SkyCity to divest non-core businesses, focus on major projects

2018-03-26

Casino operator SkyCity Entertainment Group says it is looking to adopt a “asset-lighter” approach to improve returns and allocate capital more ef

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Melco’s finance director to resign at year’s end

2017-11-02

Melco Resorts and Entertainment has announced the resignation of its finance director, Tam Chi Wai, effective December 31. According to a filing to th

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Financing gap spells pain for The 13: Union Gaming

2017-07-03

Delays to the opening of Macau’s newest high-end resort, The 13, spells bad news for the operator, said Union Gaming in a note on Tuesday. The hotel

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Silver Heritage steps closer to bridging financing gap

2017-05-24

Silver Heritage chairman David Green says the company is close to completing negotiations which would bridge the financing gap for its Nepal-located T

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Udenna sells oil business stake to raise $80m for Mactan casino

2017-05-23

Udenna Group has sold a 25 percent stake in listed oil company Phoenix Petroleum Philippines to raise P4 billion (US$80 million) to help finance the d

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Silver Heritage says talks on capital raising continue

2017-04-11

Australia-listed Silver Heritage Group said talks are continuing with potential investors to raise funding to finalize its integrated resort project i

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Indian capital markets regulator to look into stock gambling

2016-08-28

Indian capital markets regulator SEBI will looking into companies offering online games and contests dealing with stocks, currencies and commodities t

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MGM China gets green light on loan covenant changes

2016-01-26

MGM China Holdings has been given the go-ahead from banks to amend terms on a HK$23.4 billion ($3 billion) loan, Bloomberg reports, citing unnamed sou

Studio City credit accord positive, Moody’s says

2015-11-23

The agreement to amend certain of the covenants on its $1.4 billion facility are credit positive to Studio City Finance, Moody’s Investors Service s

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Moody's revises Studio City Finance's ratings outlook to 'negative'

2015-11-02

Moody's Investors Services has revised to ‘negative’ from ‘stable’ the outlook of Studio City Finance Limited's B2 corporate family rating and

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