Sunday, June 26, 2022


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Tabcorp secures debt waivers as part of Covid-19 response


Australian wagering giant Tabcorp announced it has secured agreement from its bank lenders for a waiver of leverage and interest cover covenants in re

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LVS secures new loan facility for MBS expansion


Casino operator Las Vegas Sands Corp on Wednesday announced it has secured a new delayed draw term loan facility in aggregate principal amount of up t

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MGM China refinances debt


MGM China said the company’s lenders have agreed on a revolving credit facility of HK$9.75 billion ($1.24 billion) that will refinance existing senior secured credit facilities and will be used for working capital.

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Widus Hotel owners secures loan for new tower


The owners of Widus Hotel and Casino Clark have secured a P7 billion syndicated term loan in order to further finance expansion of the property, local

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Fitch assigns ‘A-’ rating to Resorts World Las Vegas debt notes


Fitch Ratings has assigned a final rating of ‘A-’ to the loan facilities and notes of Resorts World Las Vegas LLC, the company building a $4 billi

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Suncity reports widened loss in 18H1, secures loan


Junket operator SunCity Group reported a significantly widened loss of RMB$1.6 billion (US$235.0 million) for the six months ended June 30, 2018. I

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Universal stock slumps after Wynn settlement


Universal Entertainment shares slumped a further 13 percent Monday, continuing a decline triggered by last week’s settlement of a legal case with Wy

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The 13 sets March 31 opening, seeks funds


Luxury hotel operator The 13 Holdings has announced it is planning to raise around HK$1.7 billion (US$217.8 million) through a rights issue and a plac

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Universal Entertainment finds Okada guilty of fraudulent acts


Japanese slot machine manufacturer Universal Entertainment Corp says it has completed its third-party investigation into the alleged “fraudulent act

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Silver Heritage secures additional bank facilities in Nepal


Australia-listed Silver Heritage Group has secured additional financing in Nepal to the tune of NPR 510 million (US$5 million). The additional banking

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The 13 misses Monday opening deadline: Bloomberg


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

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SJM secures loan to fund Palace construction


SJM Holdings has negotiated a HK$25 billion (US$3.2 billion) loan in order to finance the construction of its new Grand Lisboa Palace development. The

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Caesars announces pricing of $1.4 billion senior secured credit facilities


Caesars Entertainment Corporation today announced the pricing of US$1.4 billion of senior secured credit facilities for Caesars Entertainment Operatin

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Genting to borrow $169.4 million for ship construction


Genting Hong Kong has entered into a EUR160 million (US$169.4 million) facility agreement with KfW IPEX-Bank GmbH in order to finance part of the cost

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Junket’s investment scheme was a loan: Macau court


Macau’s Court of Second Instance has ruled an investment scheme offered by a junket operator was in fact a loan, and must be repaid, TDM reports. Ac

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Sun Century Group to raise HK$901.4 via rights issue


Hong Kong-listed Sun Century Group Ltd is seeking to raise ‘not less than approximately HK$901.4 million ($116.2 million) via a rights issue. The gr

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Imperial Pacific issues $150 million worth of shares


Casino developer and operator Imperial Pacific International Holdings has announced it has conditionally agreed to allot and issue a total of 1 billio

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Donaco refinances Mega Bank loan


Australia-listed Donaco International Ltd has refinanced its US$20 million working capital facility that was announced on the ASX on June 23, 2015 and

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Tiger Resorts takes out US$800 mln loan


Philippines-based Tiger Resort Leisure and Entertainment Inc received a PHP 37.6 billion (US$809.9 million) loan to partially finance costs for the Ma

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