11/05/21 CCC: the number of employees continues to decline and only 11 remain Due to Leonard Leon’s resignation as the manager of the commission’s compliance division, the CCC now only has only 11 employees.
11/05/21 Orix unveils partnership agreement with MGM for Osaka IR development Hitomaro Yano, executive officer at Orix, has revealed that Orix and MGM will each hold 40 per cent equity in the proposed IR.
11/05/21 Macau will aim to open borders when 80% vaccination rate reached Ho Iat Seng, Macau’s chief executive has said that once the city achieves an 80 per cent vaccination rate, it will be easier to negotiate a travel bubble with other regions.
11/04/21 Grand Lisboa Palace posts US$8.9 in gaming revenue in Q3 SJM Holdings has reported that gaming revenue from Grand Lisboa Palace in Q3 was HKD69m.
11/04/21 MGM CEO optimistic about Macau casino licence renewal Bill Hornbuckle, MGM president and CEO, has said he is “highly confident” that MGM China’s gaming concession will be renewed.
11/03/21 Second Jeju Dream Tower hotel to open on November 29 Lotte Tour Development Co Ltd will open a second hotel tower on Jeju Island from November 29.
11/03/21 MGM-Orix could benefit from Japan election results Analysts stated the result of Japan’s general elections is positive for the country’s plan to encourage IR developments, especially for the MGM-Orix consortium in Osaka.
11/03/21 Macau: November GGR may reach just 30% of 2019 levels Analysts have predicted that Macau’s GGR for November could be down by 70 per cent when compared to pre-pandemic levels, mainly due to travel restrictions and new cases of Covid-19 in mainland China.
11/02/21 Japan to ease border restrictions for business travellers Authorities in Japan have announced the country will ease its borders only for business travellers from next week, reducing the quarantine requirement to three days.
11/01/21 Frances Mafna, IPI’s Treasury director, resigns Frances Mafna has stepped down after six years in the position.
11/01/21 Macau: daily arrivals show steady rebound Macau received over 30,000 visitors on October 29 and 29,990 arrivals on Saturday.
11/01/21 Crown Resorts hangs on to investment-grade ratings Despite Victoria’s Royal Commission declaring Crown Resorts unsuitable to hold a licence for Crown Melbourne, three credit ratings agencies have reaffirmed the casino operator’s investment-grade rating.
10/29/21 James Packer admits multiple failings in his oversight of Crown Perth James Packer has told the WA Royal Commission into Crown Resorts that he didn’t attend board meetings for almost four years and failed in his oversight of corporate governance at Crown Perth.
10/29/21 Direct investment in the gaming industry in Macau fell by 30% in 2020 Macau’s Statistics and Census Bureau (DSEC) has reported that direct investment in the gaming industry in Macau fell by 30 per cent in 2020 mainly due to the Covid-19 pandemic.
10/29/21 CNMI could allow 5 casino licences on Saipan through a new bill A bill introduced by CNMI lawmaker Ralph N. Yumul would allow five casino licences on Saipan if IPI’s exclusive licence is finally revoked.
