02/25/21 Summit loans SunTrust US$120m for new Manila casino The Manila hotel and casino development is scheduled for completion in late 2022.
02/25/21 Grand Lisboa Palace opening moved back again SJM Holdings hopes to open Grand Lisboa Palace in May or June but the exact date remains subject to market conditions.
02/25/21 Kangwon Land licence extension comes with tax hike Kangwon Land’s licence would be extended until 2045 in return for a tax increase.
02/24/21 Premium player activity banned at Crown Perth The GWC has prohibited Crown Perth from conducting any junket, premium or privileged player activity.
02/24/21 NSW National party rejects prepaid gambling cards The National Party said the move would seriously affect pubs and clubs that offer poker machines.
02/24/21 SJM revenue down 77.8% in 2020 The Macau casino operator reported a net loss of nearly HKD3.03bn (US$390.2m) for the year ending December 31.
02/24/21 Macau gaming stocks reach two-month high Macau casino stocks have risen nearly 12 per cent following the announcement of quarantine-free travel from mainland China.
02/24/21 South Korea: turnover at foreigner-only casinos down 59% in 2020 South Korea’s foreigner-only casinos reported turnover of KRW595.4bn (US$534.8m) for 2020.
02/24/21 Macau GGR rises 7% after Chinese New Year Macau’s gross gaming revenue increased by 7 per cent month-on-month for the first three weeks of February
02/23/21 POGOs must register for Anti-Money Laundering reporting The Philippines’ deadline for POGOs to register for electronic anti-money laundering reporting is March 16.
02/23/21 Delhi police arrested 6,291 for illegal gambling in 2020 Police arrested 6,291 people in more than 2,400 cases of illegal gambling in 2020.
02/22/21 Galaxy Macau Phase 4 to move ahead Galaxy Entertainment has said works will be complete in three years but has not specified an exact date.
02/22/21 Japan: concerns over Chinese gambling blacklist impact for IRs House of Representatives member Kenji Eda warned that China’s gambling blacklist could see tourists banned from travelling to Japan’s future IRs.
02/22/21 Royal Commission to probe Crown Melbourne suitability The state of Victoria has announced it will establish a Royal Commission into the Crown Melbourne casino.
02/20/21 Star Entertainment still profitable despite Covid-19 impact The Australian casino operator reported a net profit of AUS$40.4m (US$31.6m) for the first half of the 2020/2021 financial year.
