03/23/22 India’s online gaming spend increased by 26% in 2021 According to a report from the Federation of Indian Chambers of Commerce & Industry and Ernst & Young, revenue from online gaming increased by 28 per cent.
03/23/22 Summit Ascent reports HK$230m loss but revenue up 22% for 2021 Summit Ascent Holdings has posted HK$265.5m ($33.9m) in revenue for 2021.
03/23/22 Tigre de Cristal Phase II delayed until at least 2025 Summit Ascent Holdings has said that the Tigre de Cristal Phase II development will be postponed until 2025 due to economic uncertainties and travel restrictions related to the Covid-19 pandemic.
03/22/22 R&F to sell land to boost funds for Midan City casino complex R&F Properties has confirmed it will sell some land earmarked for apartments in order to ramp up investment in the Incheon Free Economic Zone.
03/21/22 Capital Group Companies sells 19.45m shares in Wynn Macau Capital Group has announced it has reduced its stake in Wynn Macau from 6.10 per cent to 5.73 per cent.
03/21/22 R&F Properties gets another year for South Korea Midan City complex R&F Properties’ deadline to open of the first phase of the Midan City complex in South Korea has been extended by 12 months
03/21/22 APE expects to post 80% drop in revenue for 2021 Asia Pioneer Entertainment Holdings (APE) has revealed it expects to record an 80 per cent decline in revenue for last year.
03/18/22 Jeju Dream Tower operator to recruit 200 employees Lotte Tour Development Co Ltd has announced it will hire 200 more workers for its hotels and casinos as South Korea prepares to open quarantine-free entry for fully vaccinated visitors.
03/18/22 Star shares plunge amid ILGA inquiry into Sydney casino The Star Entertainment Group shares have fallen to their lowest in 17 months following the start of the ILGA’s public hearing into The Star Sydney.
03/17/22 Macau visitor arrivals down 5.6% in February Macau registered 655,505 visitor arrivals in February, down 5.6 per cent month-on-month but up 53.5 per cent when compared to 2021.
03/17/22 Macau casino EBITDA won’t normalise until at least H2 2023, analysts say Analysts at Morgan Stanley predict EBITDA from Macau’s casino industry will not materialise until the second half of 2023 or possibly 2024.
03/17/22 SkyCity to recruit casino staff as New Zealand opens borders With New Zealand to reopen its borders soon, SkyCity expects a gradual return to pre-Covid-19 levels.
