09/22/22 SJM receives 493 acceptances for excess rights shares The group has received in aggregate 493 valid acceptances and applications in respect to approximately 3.84bn rights shares.
09/22/22 Former Suncity exec says company had IT system for multiplier bets Ali Celestino has told Alvin Chao’s trial that Suncity had an IT system that supported record keeping for illegal multiplier bets.
09/22/22 MGTO lowers expectations for October Golden Week MGTO director Maria Helena de Senna Fernandes now has conservative expectations and doesn’t anticipate a surge in visitors.
09/22/22 China to cooperate with Philippines battle against POGO crimes The Chinese ambassador to the Philippines said the Chinese government “firmly” opposes gambling.
09/21/22 MGM says getting new Macau gaming licence is top priority Chief financial officer Jonathan Halkyard say the company has worked very hard on its application for the retender.
09/21/22 Macau visitor arrivals up 3,2% in August Macau registered 331,397 visitor arrivals in August amid an easing of cross-border measures between Zhuhai and Macau.
09/21/22 Macau: doubts about benefit from Hong Kong’s easing of Covid-19 measures Andy Wu Keng Kuong, president of the Macau Travel Industry Council, said the measure would have little impact on Macau’s tourism sector.
09/21/22 Cambodia: Phnom Penh police conduct operations against illegal gambling Police carried out a series of operations in recent days.
09/21/22 Alvin Chau denies involvement in online betting Chau Cheok Wa has denied involvement in online betting but admitted that Suncity ran proxy betting services.
09/21/22 Macau gaming tax revenue down 44.2% for first eight months The government has collected just under MOP14.51bn in direct taxes on gaming.
09/20/22 SJM directors apply for excess rights shares The company has launched a rights issue by which it proposes to raise up to approximately HK$2.9bn.
09/20/22 Philippines: 1,261 arrested in Mimaropa for illegal gambling this year Chief Brigadier General Sidney Hernia said the police have launched 341 operations against illegal gambling this year.