03/17/22 Belle Corp posts US$24.9m in revenue for 2021 Belle Corp has reported that full-year 2021 revenue was up 104.7 per cent year-on-year to PHP1.30bn (US$24.9m).
03/16/22 Summit Ascent expects to post 26% increase in revenue for 2021 Summit Ascent Holdings has announced it expects to record an increase in revenue and adjusted EBITDA of nearly HK$40.9m (US$5.2m) for the year ended December 31.
03/16/22 Macau casino stocks fall further as China intensifies Covid-19 measures Macau casino stock prices declined again as mainland China extended its countermeasures against a rise in Covid-19 cases.
03/15/22 Macau GGR down 37% in second week of March Macau’s GGR for the second week of March was down 37 per cent week-on-week mainly due to the rise in Covid-19 cases in mainland China.
03/14/22 LVS CEO drops hints about new Asian IR Las Vegas Sands’ chairman and CEO Rob Goldstein has said the company is in conversations with an unnamed country.
03/14/22 80% of Singapore Pools turnover now comes from sports betting Singapore’s minister of state for home affairs used the figures to make the case of an overhaul of gambling legislation.
03/14/22 Casino stocks fall as Macau toughens Covid-19 measures for Guangdong and other areas Covid-19 countermeasures have been reintroduced for inbound travellers entering Macau from Guangdong and other areas on the Chinese mainland.
03/14/22 Studio City Phase II to be completed by September, says Melco chairman Lawrence Ho Yau Lung, chairman and chief executive of casino operator Melco Resorts and Entertainment Ltd, has said he expects Studio City’s Phase II construction to be finished by September.
03/11/22 Nagasaki’s IR costs rise by 25% The capital cost for the development of an integrated resort has risen from JPY350bn (US$3.2bn) to JPY438.3bn (US$3.8bn).