Archive

_2020-08-19
Suncity Group has announced that its chairman, Alvin Chau, will exchange his existing shareholder loans worth about US$500 million into Perpetual Secu

_2020-08-18
China’s clampdown on online gaming to stop capital outflows is having a negative impact on liquidity in Macau’s VIP sector, Reuters reports.

_2020-06-26
Nine listed gaming operators in the Asia Pacific region are likely to see a plunge of about 70 percent in EBITDA this year, but all should have sufficient cash to cover basic needs for the next year, Moody’s Investors Service said.

_2020-06-23
Hong Kong-listed NagaCorp, operator of NagaWorld in Phnom Penh, Cambodia is proposing to conduct international notes offering to investors in Asia and

_2020-06-03
Macau casino operator Sands China Ltd has announced the issuance of senior unsecured notes due 2026 and 2030, with net proceeds of approximately US$1.

_2020-03-18
Aristocrat Entertainment is likely to emerge from the current crisis with a larger land-based footprint in the medium-term and may be well placed to expand through acquisitions of weaker rivals, JP Morgan said in a note.

_2019-08-15
Genting Malaysia has issued a statement defending its proposed acquisition of Empire Resorts saying the combination is in the best interests of both companies’ shareholders.

_2019-08-06
Genting Hong Kong said it has agreed to sell as much as 35 percent of its Dream Cruises unit, making a gain of about $470 million to reduce debt and strengthen its balance sheet.

_2019-04-29
Japan’s three IRs are likely to generate between $5 billion and $9 billion in gaming revenue, with the mix depending on the location of the properties, according to Fitch Ratings.

_2019-01-07
Tightened liquidity and a full smoking ban in Macau will likely pressure VIP and premium mass growth in 2019, warned Morgan Stanley analysts. On Mo

_2017-02-20
Reduced liquidity in mainland China in 2017 will create headwinds for high-end gaming in Macau, say Bernstein analysts.  In its report titled “Chin