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.
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.
