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”.
04/21/22 Primorye casinos get six-month tax relief extension Authorities in Primorye have passed an amendment to provide a six-month tax relief extension for casino operators.
04/21/22 HK Jockey Club ups prize money and incentives to remain competitive Its boosted prize money for the 2022/23 racing season to HK$1.6bn (US$206.5m), its highest level so far, to stay ahead of competing jurisdictions.
04/20/22 Is Genting planning to launch Resorts World cruise operations? Resorts World Cruises has been registered as a company name in Singapore.
04/20/22 Nagasaki prefectural assembly approves final IR plan The final draft of Nagasaki’s IR District Development Plan has been approved by the prefectural assembly.
