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.
12/03/21 Philip Wong steps down as non-executive director of Summit Ascent Summit Ascent Holdings has reported Philip Wong has resigned as a non-executive director “to devote more time to personal matters.”
12/03/21 CCC monitoring IPI assets after auction delayed Andrew Yeom, CCC’s executive director, said the regulator is closely monitoring Imperial Pacific International’s assets.
12/03/21 SJM Holdings opens new luxury hotel at Grand Lisboa Palace SJM Holdings Ltd has opened its long-awaited Karl Lagerfeld luxury hotel at the Grand Lisboa Palace casino resort with 270 guest rooms and suites.
12/03/21 Concerns raised over Nagasaki IR plans and funding Concerns regarding how the private partner could raise funds to develop an integrated resort in Nagasaki arose during the last Prefectural Council meeting.
12/03/21 South Australia and Adelaide United to promote sports without gambling ads Authorities and the soccer club have signed a partnership to promote sports without sports betting ads and to establish good practices.
