09/16/20 Macau recovery still below expectations The pace of Macau’s recovery remains slower than that seen in such as Australia, South Korea or US territories.
09/16/20 US sanctions Chinese resort firm in Cambodia The US Treasury Department fears land seized by the company will be put to use for military purposes.
09/16/20 Junket CEO acquires 20.65% of Macau Legend A firm listed in the British Virgin Islands under the name Perfect Achiever Group has made the acquisition for about US$173 million.
09/15/20 Macau: five resorts full for Golden Week According to a Morgan Stanley survey, five out of 23 hotels are fully booked for China’s Golden Week holiday in October.
09/15/20 Vietnam completes vital highway for new IR Work has finished on a highway that links Van Don Airport with the location where the new integrated resort will be located.
09/15/20 Macau able to close casinos in event of emergency A new framework for the city of Macau allows authorities to order the shutdown of all casinos in the event of an emergency.
09/15/20 Asia Gaming Brief announces sixth edition of webinar series The webinar scheduled for next week will look at the future of China’s outbound tourism.
09/15/20 IR supporter to become Prime Minister of Japan Yoshihide Suga has been selected to succeed Shinzo Abe as president of the Liberal Democratic Party.
09/15/20 Macau Legend suspends shares on HK exchange The firm halted the trading of its shares on Monday morning pending the revelation of news related to takeovers and mergers regulation.
09/15/20 Philippines seeks to double tax income from POGOs The government will tax turnover instead of revenue, and expects to take about US$361 million a year.
09/15/20 Sands China renegotiates credit terms The Chinese arm of Las Vegas Sands had already asked for lending conditions to be relaxed once due to the Covid-19 pandemic.
09/14/20 Macau: gaming gross fixed capital drops 55% According to the Statistics and Census Bureau, the gross fixed capital formation in 2019 fell compared to the previous year’s numbers.
09/14/20 Macau: Grand Lisboa Palace to open December 20 The company says it will not delay the opening despite the Covid-19 pandemic. Staff will begin working in October.
09/14/20 Vietnam IR project to be completed in 2025 Sun Group is developing the new integrated resort in Quang Ninh province.
09/13/20 Macau cautious over Golden Week expectations The MGTO has insisted in waiting until there are no community-transmitted cases of Covid-19 in HK before implementing a travel bubble.
