06/26/21 Kingston Financial expects 90% decrease in net profits Kingston Financial Group has announced it expects a 90 per cent decrease in revenue for the fiscal year.
06/26/21 Australian gaming industry at a turning point, analysts say Fitch Ratings Inc says Australia’s gaming sector could face structural change as casino operators face increased scrutiny.
06/26/21 Melco Resorts to raise dividends on behalf of Melco International Melco Resorts & Entertainment may raise its dividend payout to help its parent company, Melco International Development as it needs to fund its shares for the development of an entertainment complex in Zhongshan.
06/25/21 HK-Macau travel bubble plans seem to fall apart again Plans to launch a travel bubble between Hong Kong and Macau have been halted again after a case of the Delta variant of Covid-19 was detected in Hong Kong.
06/25/21 Authorities to check if Sydney venues are complying with Covid rules After a rise in Covid-19 cases in NSW, authorities will check hospitality venues in Sydney are complying with Covid-19 rules.
06/25/21 Nagasaki: anti-IR group collected protest signatures An anti-IR group has collected 10,416 signatures against the construction of an integrated resort in Nagasaki.
06/25/21 Wynn Macau expects rebound of tourism in summer Linda Chen, executive director of casino operator Wynn Macau Ltd, has said she is confident the number of tourist arrivals to Macau will rise during the summer season.
06/25/21 AAEC lacked experience in casino sector, court hears Carlos Lobo, a former advisor to Macau’s gaming commission has told Macau’s Court of First Instance that AAEC was an experienced company in the finance sector, but did not have experience in tourism or casinos.
06/25/21 Australia: Victoria eases Covid-19 restrictions Casinos will now be limited to 300 people per indoor space under new Covid-19 rules.
06/25/21 Thailand: 2 arrested over illegal online gambling operation Police in Thailand have arrested two men for operating online gambling websites and handling up to US$627,000 per month in bets.
06/25/21 Former Crown employee wants to be called as witness Jenny Jiang, who was detained in China in 2016 along with 18 other employees for breaking Chinese gambling laws, wants to be called to give more details about Crown Resorts’ operations in China.
06/25/21 Sociedade de Jogos de Macau to officially become SJM Resorts The casino operator has announced it is changing its company name to better reflect its “prominent position in tourism and leisure.”
06/25/21 Melco Resorts could benefit from non-gaming project in Zhongshan According to Sanford C. Bernstein Ltd, the Melco entertainment complex in Zhongshan could help the company retain its gaming concession in Macau’s 2022 retender.
