08/04/22 SJM Holdings to receive US$254.8m loan from shareholder STDM STDM’s loan is for a fixed period of six years from the date of drawdown, with a 4 per cent annual interest rate.
08/03/22 4 Macau casino resorts no longer in use as quarantine accommodation The Macao Government Tourism Office has announced that four hotels are no longer being used in the Macau government’s quarantine programme.
08/02/22 Analysts expect Macau uptick during October Golden Week If Covid-19 remains under control in Macau, analysts believe meaningful business will return to casinos during the October Golden Week.
08/01/22 IH Group chairman visits IPI site in Garapan IH Group is to take over IPI’s casino and luxury villas. Construction of the hotel tower will continue as planned.
07/29/22 Macau extends “consolidation phase” until August 2 Covid-19 countermeasures will continue to be eased during the extended period.
07/27/22 Macau gaming industry to rebound once travel restrictions are erased Analysts agree that the gaming industry’s recovery could come quickly once travel restrictions in Macau are lifted.
07/27/22 HK Jockey Club appoints new executive director for wagering products Michael Fitzsimons has been promoted to the position with effect from September 1.
07/27/22 Bloomberry’s Solaire North IR on track to open in Q4 2023 Bloomberry held a formal topping-off ceremony at the Quezon City development this week.
07/25/22 NagaCorp’s founder transfers shares to family trust Chen Lip Keong, NagaCorp’s founder, established the Sakai Trust to facilitate succession planning.
07/22/22 Summit shares not subject to mandatory bid from Suncity Group Summit Ascent Holdings has issued a statement clarifying that Suncity Group Holdings is not required to make an offer for any of the balance of Summit Ascent’s shares.
07/22/22 Queenslanders lose more than AU$250m per month on pokies The Alliance for Gambling Reform says that Queensland poker machine losses reached AU$2.789bn in 2021.