07/27/23 GST Council to meet on August 2 to discuss gaming tax The gaming industry has warned that the tax could lead to job losses and a decline in investment.
07/27/23 Summit Ascent to subscribe to US$247.5m convertible bonds in Suntrust The move is to help Suntrust Resort Holdings fund the development of its casino hotel project in Manila.
07/27/23 Osaka attracts foreign investors due to future IR and a weaker yen Singaporean investors have shown interest in Osaka’s real estate sector.
07/26/23 Macau casino operators shift focus to non-gaming, analysts say Macau’s gaming operators plan to invest 92 per cent of their combined capital expenditure in non-gaming over the next 10 years.
07/26/23 Macau hotel occupancy rate reaches 82 per cent in H1 Macau’s H1 hotel occupancy rate was 10.3 percentage points below pre-pandemic levels.
07/26/23 Delta Corp posts net profit of US$8.3m for Q2 Delta Corp’s net profit was up 19 per cent year-on-year.
07/26/23 South Korea creates “Hold’em Pub” task force to target illegal gambling South Korea’s government has launched a task force to crack down on hold’em pubs.
07/26/23 Genting Singapore rating upgraded to “Buy” CLSA has upgraded Genting Singapore’s rating following positive Q2 results from Las Vegas Sands.