05/17/21 HK Jockey Club to invest in horseracing in China The HK Jockey Club has signed an agreement with the Guangzhou Municipal Government and will invest nearly HK$4bn to develop horseracing in China.
05/17/21 Crown Resorts turns down Blackstone offer Crown Resorts’ board has concluded that the revised bid from Blackstone is not in the best interests of shareholders.
05/15/21 Japan: jockeys and trainers involved in betting on horse races A scandal has emerged in the prefecture of Gifu after it was found that jockeys and trainers had been betting on horse races since at least 2012.
05/15/21 Crown Resorts’ Barangaroo casino could open by October The New South Wales regulator has said Crown Resorts is on track to open its Barangaroo casino by October. The news may scupper potential buyers’ hope for a discount, JP Morgan says.
05/15/21 Metro Manila eases Covid-19 restrictions The Philippines’ president has announced Metro Manila will move to general community quarantine until May 31. It is still unknown if casinos will open their doors.
05/15/21 Singapore-Hong Kong travel bubble delayed again The travel bubble between Hong Kong and Singapore is likely to be delayed again due to a rise in Covid-19 cases in Singapore.
05/15/21 Galaxy recovery fueled by premium-mass play, analysts say Galaxy Entertainment showed high levels of hotel occupancy and sales during the Labour Day break in Macau.
05/15/21 Belle Corp revenue down 3.1% in Q1 Belle Corp has reported that first quarter gaming revenue fell 3.1 per cent year-on-year to PHP431.1m (US$9m).
05/15/21 Aquis to resume talks on redevelopment of Canberra casino Aquis Entertainment plans to resume discussions with the government on the possibility of developing its Canberra casino into an Integrated Resort.
05/14/21 APE revenue down 15.3% in Q1 Asia Pioneer Entertainment Holdings (APE) has reported a net loss of HKD4.34m (US$558,989) for the first quarter of the year.
05/13/21 PAGCOR remits Php1.6bn to Philippines National Treasury The regulator has remitted Php1.6bn cash dividends despite a weak performance due to the impact of the Covid-19 pandemic.
05/13/21 ILGA orders Crown Melbourne to pay AU$22.5m The Independent Liquor and Gaming Authority (ILGA) has fined Crown Melbourne AU$22.5m (US$17.3m) following its inquiry into the casino operator.
05/13/21 Galaxy Entertainment revenue up 5.6% in Q1 Galaxy Entertainment has experienced a slight recovery in gaming revenue thanks to the increase in visitor arrivals.
05/13/21 Crown Resorts to implement cashless gambling Crown Resorts has agreed to introduce cashless gaming at its casinos to help tackle money laundering.
05/13/21 Macau: SJM raises US$160m from new senior notes SJM Holdings has announced it has raised nearly HK$1.24bn (US$160m) and MOP298m (US$12.3m) after the issuance of senior notes due 2026.
