02/25/22 Former IPI junket operator is now part owner IPI Holdings Super Champion has transferred convertible notes to Dong Jiming, owner of High Tides.
02/25/22 Genting Malaysia posts net profit of US$29.5m for Q4 Genting Malaysia has shared its financial results for the fourth quarter of the year 2021, showing a return to profit.
02/24/22 Macau casino investors’ wealth plunges due to Covid-19 restrictions Forbes has revealed that the wealth of several billionaire Hong Kong investors in Macau’s casino resorts has shrunk over the past 12 months.
02/24/22 CNMI court approves stay agreement between IPI and construction workers Chief Justice Ramona Manglona has approved a stay agreement between IPI and seven construction workers who are suing the casino operator for alleged labour violations and human trafficking.
02/24/22 Macau Judiciary Police carry out surprise inspections on VIP rooms Police officers made unannounced visits to VIP gaming rooms at several Macau casinos along with inspectors from the Gaming Inspection and Coordination Bureau (DICJ).
02/24/22 New Covid-19 cases in Hong Kong could have negative impact on Macau Andrew Lee, an analyst at brokerage Jefferies Hong Kong Ltd, said a new rise in Covid-19 cases in Hong Kong could delay the opening of new travel bubbles in the region.
02/24/22 LVS completes sale of Las Vegas assets to focus on Asia Casino giant Las Vegas Sands sold its legendary Las Vegas casino The Venetian.
02/24/22 International Entertainment expects loss of $136.6m for 2H21 International Entertainment Corp has warned it expects its losses to increase in the second half of 2021 due to the impact of Covid-19 restrictions on its operations in the Philippines.
02/24/22 Tabcorp awarded new 20-year keno licence in Victoria Tabcorp has been awarded a 20-year non-exclusive retail and digital keno licence in Victoria for an up-front payment of AU$25m.
02/24/22 Moody’s expects recovery in NagaCorp’s operating performance in 2022 Analysts at Moody’s Investors Service believe NagaCorp will improve its performance in the following months due to the easing of pandemic-related restrictions.
02/23/22 Philippines: town councillor arrested over illegal gambling Police in Jagna town in Bohol province have arrested a town councillor and eight other people for alleged involvement in illegal gambling activities.
