03/28/22 Sands China charged US$6m for six-month licence extension in Macau Through its latest financial report, Sands China has revealed it has been asked to pay MOP47m (US$6m) for the six-month extension of its current concession.
03/25/22 IPI unable to pay utility bills for remaining employees IPI’s management has issued a memorandum saying it cannot meet its monthly obligation to pay utility services due to financial challenges.
03/25/22 Paradise Entertainment revenue up 40.5% in 2021 The Macau gaming company has reported that revenue grew to HK$494.1m ($63.1m) in 2021.
03/25/22 Wynn Macau preparing to add more hotel rooms and non-gaming facilities Craig Billings, Wynn Resorts CEO, had said the company will develop more non-gaming facilities if it secures a licence renewal.
03/24/22 Macau Legend shares fall after announcement of results delay Macau Legend’s stock price fell more than 10 per cent after the company announced a delay in the release of its annual results, which could lead its stocks to be be suspended in Hong Kong.
03/24/22 Suncity Group expects to record US$67.3m loss for 2021 Suncity Group Holdings Ltd has announced it expects to post a loss of HKD526.5m (US$67.3m) for the year ended December 31.
03/24/22 Osaka prefectural assembly approves IR plans Authorities in Osaka have approved the proposal for the city’s integrated resort bid.
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.
