04/27/22 PAGCOR expects to double gross gaming revenue this year Philippine GGR could reach PHP65bn if the economy continues to recover amid the end of Covid-19 countermeasures.
04/27/22 Imperial Pacific unable to pay workers for first half of April Imperial Pacific continues to face financial challenges and was unable to meet its monthly obligation with its remaining employees.
04/26/22 Calls for restrictions as slot losses hit new record in Victoria The Alliance for Gambling Reform wants a nationwide system that would require players to set a maximum bet and play time
04/26/22 Summit Ascent hopes to become pan-Asian gaming operator Summit Ascent believes its integrated resort in Manila will offer a “fast track” for the group to enter the pan-Asian gaming market.
04/26/22 Vietnam’s Hoiana casino resort posts US$248.1m loss up to January Suncity Group has reported that its share of the losses was US$55.8m.
04/25/22 Macau GGR up 11% between April 19 and 24 Macau’s GGR was up 11 per cent week-on-week to MOP83m (US$10.3m).
04/25/22 Entertainment company linked to Suncity proposes name change to Yeah Yeah Group Sun Entertainment Group Limited aims to “improve its corporate image,” distancing itself from Suncity’s junket operations.
04/22/22 Macau visitor arrivals down 19.6% in March Macau registered 526,912 visitor arrivals in March, down 19.6 per cent month-on-month and down 30.2 per cent when compared to 2021.
04/22/22 News Corp Australia enters online sports betting arena with NTD News Corp’s NTD has backing from the CEOs of Tekkorp Capital and BetEasy CEO Matthew Tripp.
04/22/22 Macau casinos may have to cover US$6.37bn in junket debts Macau casino operators could have to cover HKD50m (US$6.37bn) of a total HKD100bn of unsatisfied liabilities and uncollected debts left after Suncity Group and Tak Chun were shut down.
04/22/22 SJM chairman confident about next concession period in Macau Daisy Ho Chiu Fung, chairman of SJM Holdings, says the company has been preparing for the tender process and is confident it will continue operating in Macau.
04/22/22 Genting Singapore reelects Lim Kok Thay as director The board has also approved a final dividend of S$0.01 (US$0.007) per ordinary share.
04/21/22 Wakayama’s governor laments vote against IR plan Yoshinobu Nisaka, the governor of Japan’s Wakayama prefecture, has described the result as a “bitter blow”.
