05/19/21 Sri Lanka: port city development needs public referendum Sri Lanka’s Supreme Court has rules that the China-backed port city project in Colombo requires approval by a public referendum.
05/19/21 Malaysia: 3 arrested in raid on suspected gambling operation Police made three arrests in a raid on an alleged illegal gambling operation in Cheras, Kuala Lumpur.
05/19/21 Crown Resorts tried to delay AML controls, inquiry hears On the second day of public hearings in Victoria, VCGLR licensing manager Jason Cremona said a former Crown executive tried to delay the introduction of tighter money-laundering controls.
05/19/21 Marina Bay Sands closes after two Covid-19 cases The casino complex has closed its doors after two workers tested positive for Covid-19.
05/19/21 Macau GGR drops 53% in second week of May Casinos saw a logical decline in revenue following a spike during the Labour Day break.
05/18/21 Macau Legend unsure of quick return to positive EBITDA Melinda Chan Mei Yi, Macau Legend’s executive director, has said it remains difficult to forecast a return to positive EBITDA amid uncertainty around the Covid-19 pandemic.
05/18/21 Tinian Diamond Casino to open in September Authorities have granted permission for the Tinian Diamond Casino in the Northern Mariana Islands to open in September after the operator paid its $500,000 annual casino licence fee.
05/18/21 Singapore-Hong Kong travel bubble delayed until June at earliest The long-awaited Singapore-Hong Kong travel bubble has been delayed again until further notice due to a rise in Covid-19 cases in Singapore.
05/17/21 Universal Entertainment posts US$48m loss for Q1 Universal Entertainment has reported a net loss of JPY5.2bn (US$48m) for the first three months of the year due to the Covid-19 pandemic.
05/17/21 Macau legislators ask for an evaluation of gaming licensees Macau legislators want an assessment of the current six gaming licensees’ performance and behaviour over the last twenty years.
05/17/21 MGM China lists US$750m in senior notes MGM China has announced it has listed US$750m in senior notes on the Stock Exchange of Hong Kong and the Chongwa (Macao) Financial Asset Exchange Co.
05/17/21 Crown lied to Victorian gaming regulator, inquiry hears Timothy Bryant, a compliance officer at the Victorian Commission for Gambling and Liquor Regulation (VCGLR), said Crown Resorts lied to him about the arrest of 19 Crown executives in China in 2016.
05/17/21 PH Resorts delays Cebu IR first phase opening to Q3 2022 PH Resorts has announced that it now plans to complete the first phase of its Cebu IR development by the third quarter of 2022.
05/17/21 Japan: Galaxy Entertainment quits Yokohama IR bid Galaxy Entertainment has announced it will not participate in the request-for-proposal (RFP) process for Yokohama’s IR bid.
