12/09/21 IPI to provide supersedeas bond in lawsuit filed by USA Fanter Imperial Pacific International has confirmed it will provide a $2.45m defendant’s appeal bond for the judgement in the lawsuit filed by USA Fanter Corp.
12/09/21 Okada Manila changes name to UE Resorts International Okada Manila International has confirmed it will change its name to UE Resorts International Inc to better reflect its international expansion plans.
12/09/21 DICJ warns VIP room workers cannot be dismissed Macau’s Gaming Inspection and Coordination Bureau (DICJ) and the Labour Affairs Bureau have said that the jobs of employees in VIP rooms promoted by junket operators shouldn’t be affected by the suspension of partnerships.
12/09/21 SJM Holdings and Galaxy to continue working with junket operators SJM Holdings and Galaxy Entertainment Group have revealed that they will maintain their cooperation agreements with junket operators at least until the end of current contracts.
12/09/21 Macau gaming and tourism to recover in 2022, analysts say Analysts at Fitch Ratings Inc. have predicted that Macau’s gaming and tourism sectors recovery will gain steam in mid-2022.
12/08/21 Casino concessionaires suspend operations with Tak Chun junket Tak Chun, the second-largest junket operator in Macau, has confirmed that some casino operators have decided to temporarily suspend their partnerships.
12/08/21 Gaming operators will terminate agreements with junkets, analysts say Analysts at Morgan Stanley have said that more gaming operators will end agreements with junkets, effectively closing the junket sector in Macau without the government having to intervene.
12/08/21 Nagasaki changes IR design plans The Nagasaki Prefectural Government has confirmed there have been some changes to the original design plan for its proposed IR.
12/07/21 U Chio Ieong resigns as non-executive director of Summit Ascent Following Philip Wong’s departure as a non-executive director, U Chio Ieong has also stepped down from Summit Ascent Holdings.
12/07/21 Wynn Macau to close all VIP rooms from December 20 Credit Suisse has revealed that Wynn Macau will close all of its VIP rooms and is planning to retain only its direct VIP business.
12/07/21 Macau casino stocks rise after Omicron fears abate Macau casino stock prices rose after worries about the new Covid-19 strain began to subside.
12/07/21 Grand Korea Leisure revenue down 55.9% in November Grand Korea Leisure (GKL) has reported a 55.9 per cent decline in revenue month-on-month, to KRW4.1bn (US$3.5m).
12/07/21 Macau GGR up 14% in first week of December Macau’s GGR for the first week of December was up 14 per cent week-on-week to MOP260m (US$32.4m).
12/06/21 CLC yet to consider deadline extension for IPI’s Garapan casino Imperial Pacific’s request for a five-year extension to finish the construction of a new casino in Garapan hasn’t yet been answered by the Commonwealth Lottery Commission.
12/06/21 Genting Cruise Lines to resume operations from December 22 Genting Cruise Lines has revealed it will resume operations from December 22, 2021 offering trip itineraries from Penang.
