05/11/22 Suncity Group to sell two groups of wholly-owned subsidiaries The units will be bought by Great Promise Developments Ltd, a company located in the British Virgin Islands and controlled by a businessman named Zhong Jianhua.
05/11/22 Philippines GGR up 14.8% for Q1 Casino resorts located in Manila’s Entertainment City produced about 82.1 per cent of all industry GGR in the three months to March 31.
05/11/22 Wynn Macau reports US$188.5m net loss for Q1 The company reported a fall in its net loss from US$161.2m to US$188.5m when compared to the prior-year quarter.
05/10/22 Paradise Co could benefit from return of Japanese tourists, analysts say Paradise Co could benefit from the arrival of Japanese tourists once South Korea reopens its borders.
05/10/22 SkyCity secures debt covenant waivers SkyCity has secured further covenant relief to cover potential disruption of the near-term operating environment due to the Covid-19 pandemic.
05/10/22 Grand Lisboa Palace opens new retail area for local brands SJM’s Cotai resort has opened a new retail area as part of an initiative to promote Macau’s home-grown brands.
05/09/22 Imperial Pacific continues to delay payments to remaining employees Imperial Pacific has been reminded that non-compliance with payroll is a violation of licensing agreements and casino law.
05/09/22 Melco Cyprus to launch Mediterranean IR this year despite delays Lawrence Ho, group chairman and CEO, said the City of Dreams Mediterranean integrated resort is still expected to open by the end of this year.
05/09/22 The Star suspends all domestic and international rebate play programmes The announcement comes amid the New South Wales regulator ILGA’s inquiry into Star’s Sydney casino.
05/06/22 Paradise Co sells office in Gangnam to bolster liquidity Paradise Co has sold an office to improve its financial position due to the impact of the Covid-19 pandemic.
05/06/22 PAGCOR looks for new sources of revenue in wake of e-sabong ban Communications secretary Martin Andanar said the government is confident the regulator will find new sources of revenue.
