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).
03/10/22 IPI pays workers after a week’s delay Imperial Pacific has reported that it has paid the 17 security guards at its unfinished casino hotel in Garapan.
03/10/22 Genting Hong Kong lays off over 60 employees in Singapore Layoffs began in January, soon after the company filed for liquidation.
03/10/22 Genting Malaysia to increase capacity before borders reopen Genting Malaysia Bhd has revealed that Resorts World Genting will increase its productivity and efficiency before Malaysia reopens its borders on April 1.
03/09/22 Russia sanctions likely led NagaCorp to halt Vladivostok resort An analyst at Daiwa Capital Markets Hong Kong Ltd has suggested NagaCorp may have decided to halt the development of its casino resort in Vladivostok due to international financial sanctions against Russia.
