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CCC chair raises doubts over IPI request to finish Garapan casino resort

NagaCorp splits CEO role in four

NagaCorp’s founder Chen Lip Keong is now the senior chief executive while his three sons have been appointed as chief executive officers.

04/06/22

Paradise Co casino sales up 11.8% in March

Paradise Co has reported that casino sales grew 11.8 per cent month-on-month from KRW17.07bn to KRW19.02bn (US$15.6m).

04/05/22

Landing International reports loss of US$134.9m for 2021

Landing International’s loss for 2021 was lower than the HKD2.12bn it lost in 2020.

04/05/22

us1-billion-loss-for-macau-casinos-in-q2

Macau junkets could become Vegas-style agents, analysts say

04/05/22

IPI’s payment delays will “complicate matters”, says CCC director

Andrew Yeom, the Commonwealth Casino Commission’s executive director, has said that delays in paying the salaries of Imperial Pacific International’s remaining employees will cause more complications.

04/04/22

China lottery sales up 18.6% in February

Authorities reported that Chinese lottery sales for February reached CNY22.48bn (US$3.54bn).

04/04/22

Stanley Choi Chiu Fai steps down as IEC executive director

Stanley Choi Chiu Fai has resigned as executive director to focus on other business commitments.

04/04/22

Suncity terminates travel business

The company says it took the decision due to the impact of the Covid-19 pandemic and the disposal of Suncity Group Holdings’ aircraft.

04/04/22

NagaCorp posts GGR of US$109.9m for Q1

NagaCorp has released its financial results for the first quarter of the year 2022, reporting a drop in gross gaming revenue but increase in EBITDA.

04/01/22

Moody’s downgrades MGM Resorts Corporate Family Rating to B1

Analysts at Moody’s Investors Service have downgraded MGM Resorts International’s corporate family rating from Ba3 to B1.

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

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Check the latest Business news

CCC chair raises doubts over IPI request to finish Garapan casino resort

NagaCorp splits CEO role in four

Paradise Co casino sales up 11.8% in March

Landing International reports loss of US$134.9m for 2021

Macau junkets could become Vegas-style agents, analysts say

IPI’s payment delays will “complicate matters”, says CCC director

China lottery sales up 18.6% in February

Stanley Choi Chiu Fai steps down as IEC executive director

Suncity terminates travel business

NagaCorp posts GGR of US$109.9m for Q1

Moody’s downgrades MGM Resorts Corporate Family Rating to B1

Tabcorp’s spin-off of its businesses to be voted by shareholders

Genting Singapore to show revenue and profit in 2022, analysts say

Star names John O’Neill as interim executive chairman

Macau Legend announces governance review following arrest of former CEO

Business

Genting shares plunge as debt-reduction plan draws criticism

Australasia

Regulating the Game 2027 targets cross-border gambling crime

East Asia

Macau maintains gaming revenue forecast as gaming tax climbs 5.6% in year to date

Australasia

11 companies granted right to apply for New Zealand online casino licences