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.
10/28/21 Cambodia to ease restrictions in Sihanoukville from November 30 Authorities in Cambodia have announced that fully vaccinated tourists will be allowed to visit Sihanoukville from November 30 without undergoing a 14-day quarantine.
10/28/21 Genting SkyWorlds to bring higher visitor arrivals to RWG, analysts say Analysts at RHB Research predicted the reopening of Genting SkyWorlds, Genting Malaysia’s new outdoor theme park will lead to higher visitor arrivals to the IR.
10/28/21 Wakayama to begin IR public hearings on November 25 The Wakayama Prefectural Government has announced 14 public hearings on its IR development plan to be held from November 25 to December 5.
10/27/21 The Star sells the Treasury Casino for US$186m The Star Entertainment Group has announced a sale and partial leaseback transaction with Charter Hall that includes the Treasury Casino and other assets.
10/27/21 Suntrust Resort Holdings appoints Sutha Kandiah as CFO The former Suntrust Home Developers Inc has announced Sutha Kandiah will be its new chief financial officer (CFO).
