04/21/23 Morgan Stanley predicts Genting Singapore’s Q1 EBITDA at US$201m The estimate exceeds the market consensus of SGD252m.
04/20/23 Analysts expect strong Labour Day break for Macau casinos UBS AG has predicted strong revenue for Macau’s casinos.
04/19/23 Fourth IPI equipment auction raises over US$225K The latest auction of IPI’s equipment had 31 lots on offer.
04/19/23 Jeju Dream Tower casino resort negotiating US$530.6M refinancing deal Lotte Tour is in talks with several financial institutions to refinance a mortgage for Jeju Dream Tower casino resort.
04/19/23 Macau casinos present at first international roadshow since pandemic The Lisbon roadshow showcases initiatives to broaden the tourist market.
04/18/23 Macau secretary calls for gaming companies to support local talent development The call is part of the government’s plan to diversify the city’s economy.
04/18/23 R&F receives 4th deadline extension for South Korea Midan City complex R&F Properties’ deadline to open the first phase of the Midan City complex has been extended by another 12 months.
04/18/23 2,300 tour groups take up Macau travel subsidies The groups have received subsidies from the Macau Tourism Bureau.
04/17/23 Analysts optimistic about recovery of Chinese outbound tourism Analysts at Maybank see Chinese outbound tourism is recovering to significant levels by mid-year.
04/14/23 Macau to face competition from future Osaka IR, analysts say Macau’s gaming industry is expected to face competition from Japan’s first integrated resort, which is set to open in Osaka in 2029.
