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2020-10-06
Paradise Co., which operates foreigner-only casinos in South Korea, saw an improvement in sales in September from the prior month, even though they were down 71 percent from the prior year.

2020-09-25
China’s largest online travel group, Trip.com, has noted a 500 percent gain in searches for tourism products in Macau since China resumed issuing individual travel visas on Sept. 23rd, Macau Business reports. 

2020-09-23
Genting Malaysia said it’s seeking to boost domestic demand and visitation at its flagship property in the country, but the overall outlook for the group remains “uncertain.”

2020-09-23
There is significant uncertainty about the recovery and expansion prospects of Okada Manila given the severity of the Covid-19 outbreak in the Philippines, Fitch Ratings said.

2020-09-21
Gross gambling revenue in Q2 in the Philippines came in at just P2.42 billion ($49.9 million) as the Covid-19 crisis forced the closure of gambling outlets across the country, according to figures from regulator, the Philippine Amusement and Gaming Corp....

2020-09-21
Tak Chun CEO Chang Wen Lin may make a mandatory offer for all of the outstanding shares in Macau Legend for HK$1.9 billion ($245 million) after acquiring a stake in the operator.

2020-09-19
HatchAsia has signed and executed a Deed of Company Arrangement to take control of Australia-listed Silver Heritage Group. 

2020-09-19
Macau is likely to recover faster than Las Vegas from the impact of Covid-19, but the trajectory remains opaque, Fitch Ratings said.

2020-09-17
Marina Bay Sands has hired a top law firm in Singapore to look into potential employee transfers of more than $1 billion in clients’ funds to third parties, Bloomberg reports.

2020-09-11
“The casino issue is symbolic of the clear confrontational axis between top-down politics and grassroots politics… We cannot let matters continue as they have under the Abe administration.” So declared Leader of the Opposition Yukio Edano on Wednesday...

2020-09-10
The amount of revenue collected from Macau’s six gaming operators has fallen to just 45.6 percent of the government’s budget given the effects of the pandemic.

2020-09-08
Imperial Pacific International’s newly appointed CEO Donald Browne has reportedly told members of the House of Representatives Gaming Committee that the government’s actions have made them feel unwanted on Saipan.

2020-09-07
The Singapore Tourism Board has said it will start accepting applications for MICE events that can host up to 250 people from October, significantly expanding the current 50-person limit.

2020-09-04
Casinos in New York State, including Genting Group’s Resorts World Catskills, will be permitted to open from next Wednesday, though will face strict reopening restrictions.

2020-09-04
New Silkroad Culturaltainment said its project to develop an IR on Jeju Island in South Korea remains stalled due to project finance delays.

2020-08-31
A Thai politician has said he wants to start a committee to research plans for integrated resorts in key tourism areas, suchy as Bangkok, Phuket and Chiang Mai.

2020-08-28
Centara Hotels & Resorts says it has signed three hotel management agreements for Myanmar, one of which will include a casino.

2020-08-28
NagaCorp said it intends to explore expansion in Siem Reap and Sihanoukville, but suggests the properties won’t necessarily include gaming.

2020-08-27
Philippines-based HatchAsia has put forward a proposal to recapitalize Australia-listed Silver Heritage Group, which is currently in administration.

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