11/19/21 Jeju Dream Tower posts gaming revenue of US$10.4m for Q3 Lotte Tour Development Co Ltd has reported that the Jeju Dream Tower casino resort recorded gaming revenue of KRW12.3bn (US$10.4m) during the third quarter of the year.
11/19/21 Century expects a loss of HK$20.8m for the six months ended Sep 30 Century Entertainment has issued a profit warning predicting a loss of approximately HK$20.8m ($2.7m) for the six months ended 30 September 2021.
11/19/21 Macau to see economic rebound in November and December The Macau Economic Association has predicted that Macau’s economy could start to recover in the last months of the year mainly due to several large-scale events and a stable pandemic situation.
11/19/21 Crown receives new acquisition offer from Blackstone Crown Resorts has received an AU$8.46bn (US$6.16n) offer from The Blackstone Group Inc to acquire all of the shares of the casino operator.
11/18/21 IPI’s casino gaming equipment will be sold in six auctions IPI’s receiver Clear Management has announced that six auctions will be held.
11/18/21 Westpac to charge higher interest on gambling payments in NZ Westpac Group has announced it will implement a higher interest rate on credit card gambling payments made to TAB, Lotto and other online gambling operators in New Zealand.
11/18/21 Casino operators optimistic about Macau’s future The Macao Gaming Summit 2021 heard optimistic opinions about the Macau casino industry’s recovery after the Covid-19 pandemic.
11/18/21 SJM Holdings: Macau’s 2022 GGR could reach 60% of pre-pandemic levels Benjamin Toh Hup Hock, chief financial officer (CFO) at SJM Holdings Ltd, has said Macau’s GGR could reach 60 per cent of pre-pandemic levels if the city eases travel restrictions with Hong Kong in the coming months.
11/17/21 Macau’s electronic gaming market will fully recover by 2025 Suppliers have said that Macau’s e-gaming market will not fully recover until at least 2023, and maybe not until 2025.
11/17/21 Macau casino operators report over 90% vaccination rates Macau casino operators have reported that they have reached vaccination rates of over 90 per cent among staff.
11/17/21 SkyCity H1FY22 performance to be impacted by land-based closures However, its igaming business has performed strongly during the first half of the financial year.
11/17/21 Macau continues negotiating with Mainland China on e-visas Ho Iat Seng, Macau’s chief executive, has said the government is still negotiating with mainland China on resumption of the e-visa programme.
11/16/21 Malaysian casino industry to see economic rebound in Q4 Vincent Khoo, UOB Kay Hian Malaysia’s head of research, has said that gaming and casino companies will see a substantial recovery in earnings during the last quarter of the year.
11/16/21 Singapore launches a new travel bubble with Indonesia Authorities in Singapore have announced a travel bubble with Indonesia will be launched from November 29 for fully vaccinated travellers.
11/16/21 Macau’s Chief Executive gave no details about casino licences renewal Ho Iat Seng, Macau’s chief executive, was asked about the possibility of a renewal of Macau’s six gaming concessions but gave a noncommittal answer.
