03/31/21 Paradise Co appoints Choi Sung-wook as new CEO Choi Sung-wook has been appointed as CEO to replace Park Byung-ryong, who steps down after four years.
03/31/21 Macau hotel occupancy at 38.5% in February Macau’s hotel occupancy declined 1.8 percentage points in February when compared with January occupancy rates.
03/31/21 Victorian government to study gambling behaviour during Covid-19 The Victorian government will invest AU$600,000 (US$460,000) to examine how the Covid-19 pandemic has on impacted on gambling behaviours.
03/31/21 Delhi: 14 arrested at illegal casino The illegal casino was functioning out of the Radisson Blu Hotel in Mahipalpur, in southwest Delhi.
03/30/21 Macau Legend revenue down 70% in 2020 Macau Legend Development has reported a loss of US$252m in 2020 due to a decrease in the number of visitors to Macau and Laos.
03/30/21 Macau sees highest visitor numbers since start of Covid-19 pandemic According to the Macao Government Tourism Office, total arrivals were 32,647 on Friday March 26, a year-on-year increase of 1,309 per cent.
03/30/21 SJM confirms Grand Lisboa Palace will open in first half of 2021 SJM Holdings’ co-chair and executive director has confirmed that Grand Lisboa Palace is close to launch.
03/29/21 Australia: 10 unlicensed online casinos still in operation Although the ACMA has been aware of the sites for two months, the 10 unlicensed online casinos have not been shut down.
03/29/21 Manila casinos close until April 4 as Covid-19 cases rise Metro Manila casinos have voluntarily closed their doors as Covid-19 cases in The Philippines continue to rise.
03/27/21 MGM China sells US$750m in notes to pay down debt The Macau gaming operator MGM has announced it will sell senior notes to repay a portion of the amount outstanding under a revolving credit facility.
03/27/21 South Korean casinos allowed to postpone sales taxes payment The government has announced it will postpone the deadline for South Korean casinos to pay their sales taxes.
03/27/21 Suntrust sells non-gaming assets to focus on Manila casino Suntrust has announced the sale of its non-gaming assets to a local partner to focus on the development of a 5-star hotel and casino project in Manila’s Entertainment City.
03/27/21 Yokohama sets aside US$3.3m for IR promotion in 2021 budget Yokohama city council has approved a budget of JPY360m (US$3.3m) earmarked for IR promotion.
03/27/21 Paradise Entertainment posts losses of US$25m for 2020 The Macau gaming company has posted revenue of HK$351.7m (US$45.3m) for FY2020, a 70.2 per cent decline from the prior-year period.
