05/13/21 Japan: Suncity Group withdraws from Wakayama IR bid Wakayama’s IR bid is at risk after Suncity Group’s decision to pull out of the process.
05/13/21 Victoria’s Royal Commission to examine Crown staff arrests in China The Royal Commission chaired by former Federal Court judge Raymond Finkelstein will analyse the 2016 episode in which 19 Crown execs were arrested in China.
05/13/21 Success Universe invests in Bitcoin The casino operator seeks to diversify the group’s investment portfolio with an acquisition of 23.4 units of Bitcoin.
05/13/21 India: Goa casino closure extended until May 24 As Covid-19 cases continue to climb, the state government has extended the lockdown on Goa casinos until May 24.
05/13/21 Paradise Co posts losses of US$16.2m for Q1 Paradise Co has reported a loss of KRW18.2bn (US$16.2m) for the first quarter of the year.
05/13/21 Australia: borders to remain closed until at least mid-2022 Due to a slower than expected vaccine rollout, the Australian government has said borders will remain closed for longer than expected.
05/13/21 Star’s bid for Crown reopens debate on gambling industry The possible merger of Crown Resorts and Star Entertainment could accelerate a change in the Australian gaming industry according to changes suggested by Patricia Bergin’s final report.
05/13/21 Sands China occupancy reaches 90% over Labour Day break Sands China’s president, Wilfred Wong, has revealed that the occupancy rate and tourist spending was up during the Labour Day break.
05/13/21 Another contender could enter the bidding for Crown Resorts CC Land Holdings, a Hong Kong real-estate development, is reported to be interested in bidding for Crown Resorts.
05/13/21 Melco to reopen casinos in Cyprus at 30% capacity on May 17 Melco will reopen its casinos in Cyprus on May 17 at 30 per cent of their capacity. The capacity could be increased to 50 per cent from June 1.
05/12/21 Wynn Macau reports US$417m revenue for Q1 Wynn’s two Macau properties have reported nearly US$417m in operating revenue for the first quarter of the year.
05/12/21 Macau: Studio City to issue additional senior notes Studio City will issue additional senior notes to boost liquidity and raise cash for capital needs over the next 12 months.
05/12/21 Resorts World Manila revenue up 33% in Q4 Resorts World Manila has reported net gaming revenues of PHP9.4bn (US$196.3m) for 2020 amid the Covid-19 pandemic and several lockdowns throughout the year.
05/12/21 Western Australian casino regulator unskilled on money laundering Gaming and Wagering Commission member Barry Sargeant said the regulator lacked policies or procedures for dealing with the risks of criminal activity at Crown Resorts.
05/12/21 Kangwon Land sales down 58.7% in Q1 Kangwon Land has reported a net loss of KRW40.9bn (US$36.6m) for the first quarter of the year.
