03/13/23 Genting Malaysia warns of illegal online gambling sites using its brand Genting Malaysia and Resorts World Genting have issued statements warning about the fraudulent use of their corporate image to promote online gambling.
03/13/23 Cambodia tourism receipts up 7,690% in 2022 The percentage of GDP attributed to tourism was just 3.6 per cent, compared to 12.1 per cent in 2019.
03/10/23 SJM to launch more rooms and tables at Grand Lisboa Palace in Q2 The government has approved 150 more gaming tables at Grand Lisboa Palace.
03/10/23 SkyCity appoints Shaun Philp as chief people and culture officer Philp will take up the role on September 4.
03/10/23 Kangwon Land announces first dividend since 2020 Kangwon Land has recommended a dividend after returning to profit last year.
03/09/23 Melco Resorts CEO proposes joint Macau-Hengqin events to boost tourism Lawrence Ho Yau Lung says Macau needs more “globally influential” sports, meetings and exhibitions.
03/09/23 Melco Resorts to repurchase US$169.8m in shares from parent company Melco Resorts & Entertainment will buy back 40.4m shares from Melco Leisure to improve the company’s liquidity.
03/09/23 2 casino investors named in Forbes Malaysia’s 50 richest list Chen Lip Keong, owner of NagaCorp, and Genting Group boss Lim Kok rank sixth and seventh on Forbes’ annual list of the richest Malaysians.
03/08/23 Melco Resorts could generate positive free cash flow in 2023, analyst says The upturn in Macau could enable Melco’s revenue to reach 70-80 per cent of its 2019 level.
03/07/23 Macau casino operators to submit 2023 investment plans this month Casino operators must submit annual execution proposals to authorities.
03/07/23 MGM China’s mass market share to rise by 3% in 2024, analysts say According to Morgan Stanley, MGM China Holdings’ mass market share will rise due to the addition of gaming tables.
