02/11/22 Moody’s downgrades SJM Holdings ratings Analysts at Moody’s Investors Service have downgraded SJM Holdings Ltd’s corporate family rating from Ba1 to Ba2.
02/10/22 MGM China mass-market gaming tables reached 85% of pre-pandemic levels in CNY MGM China Holdings has reported that its table drop in the mass-market segment reached 85 per cent of pre-pandemic levels during the Chinese New Year holiday period.
02/10/22 Kangwon Land posts net loss of US$9.2m for Q4 Kangwon Land has shared its financial results for the fourth quarter of the year, reporting a net loss of KRW11.0bn (US$9.2m).
02/10/22 Wakayama opens public consultation on IR plans The Wakayama Prefectural Government’s period for public remarks regarding the development of an integrated resort will run until March 10.
02/10/22 MGM China net revenue up 84% in 2021 MGM China has revealed its financial results for the year 2021, reporting a growth in net revenues of HKD9.41bn (US$1.2bn).
02/10/22 Melco reaches average occupancy rate of 70% during Chinese New Year The average occupancy rate of hotels in Macau during the holiday period was 63.8 per cent.
02/09/22 Marina Bay Sands US$1bn renovation project to be completed in phases The upgrade of Marina Bay Sands’ hotel accommodations will be completed in phases over 2022 and 2023.
02/09/22 Melco confirms end of agreements with junket promoters Through a company filing, the casino operator has announced that it ceased all arrangements with gaming promoters at Studio City Casino in December 2021.
02/09/22 Wynn Macau: CNY saw the best gaming performance since the pandemic began Linda Chen, vice-chairman and chief operating officer of Wynn Macau Ltd has hailed gaming performance during the Chinese New Year holidays.
02/08/22 NUSTAR Resort and Casino to launch five-star venue in May NUSTAR Resort and Casino has announced that Fili Urban Resort, its five-star hotel, will have a soft launch in May.
02/08/22 Concerns continue around Wakayama IR funding A prefectural assembly committee has warned that funding for the proposed integrated resort is “still unclear”.
02/08/22 Macau Chinese New Year GGR up 60% year-on-year Macau has seen average daily revenue of MOP333m (US$41.4m) during the Chinese New year period between February 1 and 6.
02/08/22 NagaCorp posts GGR of US$223.5m for FY21 NagaCorp’a financial results for the financial year 2021 reflect the impact of the temporary suspension of operations due to the Covid-19 pandemic in Cambodia.
02/07/22 HK Jockey Club posts record US$238m in bets during the Chinese New Year The Hong Kong Jockey Club’s revenue grew 1 per cent when compared to last year, with a total of 11 races.
