04/01/22 Tabcorp’s spin-off of its businesses to be voted by shareholders The Supreme Court of New South Wales has ordered a meeting of shareholders to vote on the proposed demerger of Tabcorp’s lotteries and keno business.
04/01/22 Genting Singapore to show revenue and profit in 2022, analysts say Analysts at Bernstein say the reopening of borders in Singapore will allow Genting Singapore to report revenue and profit for the rest of the year.
04/01/22 Star names John O’Neill as interim executive chairman John O’Neill will assume the role of interim CEO of the Star Entertainment Group immediately.
04/01/22 Macau: March GGR lowest since September 2020 Macau has reported gross gambling revenue of MOP3.67bn (US$454.5m) for March, down 52.7 per cent month-on-month.
03/31/22 Philippines: BIR announces 5% tax for e-sabong and casino operators E-sabong and casino operators will have to pay a 5 per cent franchise tax to the BIR on their income.
03/31/22 Bally’s Corp seeks to enter Japan IR contest with casino resort in Fukuoka The US company wants to develop an integrated resort in the city of Fukuoka, Japan’s sixth-largest city.
03/31/22 All Macau casino operators have requested extension of concessions Adriano Ho of the Gaming Inspection and Coordination Bureau (DICJ) has confirmed that the six operators have submitted proposals to extend their concessions for another six months.
03/30/22 Kiwibank customers spend AU$30m a month on online gambling The bank says gambling spend increased “massively” during Covid-19 lockdowns and hasn’t gone down since.
03/30/22 Macau occupancy rate up 10.3 percentage points in February The Statistics and Census Service (DSEC) has reported that Macau’s hotel occupancy rate was 48.7 per cent in February.
03/30/22 Suncity Group reports US$33m loss for 2021 Suncity Group Holdings Ltd has shared its financial results for the year 2021, positing a loss of HKD258.3m (US$33m).
03/29/22 IPI appoints Chen Feng as joint chairman and executive director The company has also announced the appointment of Chi Yuan as an independent non-executive director.