Archive

_2021-03-01
Galaxy Entertainment Group has signed an accord with Accor to bring storied hotel brand, Raffles, to Macau with the opening of an exclusive all-suite tower, Raffles at Galaxy Macau in the second half of 2021.

_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.

_2020-09-09
Universal Entertainment has confirmed its Okada Manila property will reopen at 30 percent of its capacity of table and machine games.

_2020-08-28
Centara Hotels & Resorts says it has signed three hotel management agreements for Myanmar, one of which will include a casino.

_2020-08-06
Genting Singapore is seeking to cut costs by about 20 percent to 30 percent after suffering its worst quarterly loss since it opened Resorts World Sentosa.

_2020-07-21
Genting Malaysia has seen reasonable growth in visitation since it began reopening on June 15 and Resorts World Genting has doubled its number of available rooms, according a research report from CGS-CIMB.

_2020-05-29
The Statistics and Census Service (DSEC) has confirmed the dire state of the hotel industry in Macau, noting that the Covid-19 impacts reduced the ave

_2020-03-19
Casino shares in the U.S. surged on Thursday on the expectation the U.S. government will provide assistance to the sector as part of its economic stimulus efforts.

_2020-02-11
The number of major hotels in Macau to suspend operations under the impact of the Wuhan Coronavirus and closure of the territory’s casinos rose to e

_2020-02-09
A total of seven hotels in Macau are known to have suspended operations as a result of sharply lower visitation and countermeasures against the Wuhan

_2020-02-06
With the mandated two-week closure of all casinos and a dramatic drop-off in visitors to the territory, a number of hotels in Macau are beginning to s

_2019-12-09
Chief Cabinet Secretary Yoshihide Suga revealed over the weekend that the government was planning to assist the private sector in the financing of about fifty luxury hotels throughout Japan due to demand created by the increase in tourism.

_2019-08-13
Paradise Co., which operates foreigner-only casinos in South Korea, posted a wider Q2 loss although revenue gained.

_2019-05-22
Macau’s tourism body is studying whether to impose a tourism tax amidst concern the territory may not be able to handle a sharp increase in visitors as connectivity with the mainland improves.

_2018-01-04
Five regional and state ministers in Myanmar have asked for permission to operate casinos in hotels in their territories during a meeting with the cou

_2017-05-16
Sands China President Wilfred Wong says he expects the opening of the bridge linking Hong Kong, Macau and Zhuhai to trigger a significant interest in

_2016-04-24
Only 30 percent of Macau’s hotel rooms have been booked by tourists from Mainland China over the three day long weekend from April 30 to May 2, loca

_2015-10-11
  Total receipts from Macau’s gaming sector dropped by 2.5 percent year-on-year to MOP354.06 billion ($44.35 billion) in 2014, marking the first de

_2015-09-14
Receipts from Macau’s hotel sector amounted to MOP27.87 billion ($3.5 billion) in 2014, up by 10.2 percent year-on-year, according to  the Statisti