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06/20/22

Macau MICE events attendees down 8.7% in Q1

Macau’s Golden Dragon Group extends casinos agreement with SJM

06/17/22

The Australian company delivered a statement where it describes the impact of the coronavirus crisis on its casinos.

Cambodia: Donaco casino to resume operations tomorrow

06/17/22

Fitch predicts Macau GGR may reach only 27% of 2019 levels this year

Analysts have lowered their expectations because Macau is still affected by restrictions linked to the Covid-19 pandemic.

06/17/22

SJM Holdings costs to increase after absorption of satellite casino workers

According to Fitch Ratings, SJM Holding staff costs could increase by up to HK$600m(US$76.4m) after it absorbs workers affected by the closure of satellite casinos linked to the company.

06/17/22

Macau casinos must hold US$620m in capital during concession period

After analysing the final draft of Macau’s general gaming law amendment, JP Morgan has deduced that casino operators must have capital of MOP5bn (US$620m) during the entire concession.

06/17/22

Sands China offers new hybrid MICE broadcast facility at the Londoner

The company says the facility offers professional broadcast quality live-streaming capability and hologram functionality.

06/17/22

Doubts around the impact of Macau’s increase on GGR tax

According to some analysts, the proposed new tax liability was unexpected and could generate uncertainty in current and potential investors.

06/17/22

Analysts lower forecasts for Chinese economy

06/17/22

us1-billion-loss-for-macau-casinos-in-q2

Rio Entertainment questions Galaxy’s decision to close Rio Casino

06/16/22

Resorts World Cruises debuts in Singapore

Former Genting Group chairman Lim Kok Thay has launched his new cruise line’s first services.

06/16/22

US Marshals Service seizes over $150K from IPI

The funds have been seized from IPI’s bank account in favour of Red Coral Corporation, which sued IPI for not paying a lease agreement for a 20-unit apartment.

06/16/22

SJM Holdings refinancing plan gets final approval

Banks have granted their approval of the plans following government approval last month.

06/16/22

Emperor Entertainment Hotel extends casino operations until year-end

The company has reversed its decision to close its satellite casino mid-year.

06/16/22

Partner in Resorts World Manila to spend US$75m on expansion plans

Alliance Global will back up Travellers International Hotel Group Inc’s expansion plans by injecting PHP4bn (US$75m).

06/16/22

Macau’s gaming law amendment bill introduces increase on GGR tax

The Legislative Assembly has published the final draft of Macau’s general gaming law amendment, which is expected to be sent to the plenary for voting this month.

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Latest Articles

Macau’s Golden Dragon Group extends casinos agreement with SJM

Cambodia: Donaco casino to resume operations tomorrow

Fitch predicts Macau GGR may reach only 27% of 2019 levels this year

SJM Holdings costs to increase after absorption of satellite casino workers

Macau casinos must hold US$620m in capital during concession period

Sands China offers new hybrid MICE broadcast facility at the Londoner

Doubts around the impact of Macau’s increase on GGR tax

Analysts lower forecasts for Chinese economy

Rio Entertainment questions Galaxy’s decision to close Rio Casino

Resorts World Cruises debuts in Singapore

US Marshals Service seizes over $150K from IPI

SJM Holdings refinancing plan gets final approval

Emperor Entertainment Hotel extends casino operations until year-end

Partner in Resorts World Manila to spend US$75m on expansion plans

Macau’s gaming law amendment bill introduces increase on GGR tax

Highlight of the week

Cambodia to suspend online gambling at casinos from October

East Asia

Singapore court rejects Venetian Macau debt claim

East Asia

Singapore gambling tax revenue rises 11.9%

Elsewhere

Winning through product agility: Pronet Gaming