09/03/21 Tabcorp wants banks to be responsible for credit card ban Tabcorp has said it will support a ban on credit card use for gambling but that banks should be responsible for enforcing it.
09/02/21 Suntrust doubles capital stock to fund Manila casino Suntrust Home Developers has announced it has doubled its capital stock to 50bn shares to increase its capital to develop a casino resort in Manila.
09/02/21 Macau GGR forecast lowered Deutsche Bank forecasts Macau’s GGR for 2021 will reach US$12.1bn (MOP97bn), down 67 per cent from pre-pandemic levels.
09/01/21 Macau visitors to return to May levels by October Sanford C. Bernstein Ltd has predicted Macau could return to April and May visitor levels by October’s Golden Week.
09/01/21 Philippine e-sabong operators pay PAGCOR US$19.9m in 4 months PAGCOR has announced it collected US$19.9m from e-sabong operators in their first four months of operation.
09/01/21 Okura Holdings closes three more pachinko parlours Okura Holdings has announced it has closed three pachinko venues due to poor financial performance since the outbreak of the Covid-19 pandemic.
08/31/21 PAGCOR and IEC confirm agreement to develop New Coast Hotel International Entertainment Corp has announced a cooperation agreement with PAGCOR for the development of its New Coast Hotel property in Manila.
08/30/21 PAGCOR revenue to return to pre-pandemic levels by the end of 2022 Andrea Domingo, PAGCOR chairman, has said the Philippines gambling sector could return to pre-Covid-19 levels by the end of 2022 if herd immunity is achieved and border restrictions are lifted.
08/27/21 The Philippines: e-sabong operators could see PHP3.5bn in revenue PAGCOR chairman Andrea Domingo has said licensed e-sabong revenue could exceed that of offshore gaming operators.
08/27/21 Crown Resorts appoints Ziggy Switkowski as chairman Crown Resorts has announced that Ziggy Switkowski will replace Helen Coonan as chairman of the group once regulatory approval is received.
08/27/21 Wakayama and Clairvest sign IR agreement The Wakayama Prefectural Government has signed a basic agreement with Clairvest Neem Ventures’ consortium for the development of an integrated resort.
08/26/21 Tabcorp appoints Janette Kendall as non-executive director Janette Kendall, a former Galaxy Entertainment director, has been appointed as a non-executive director at Tabcorp.
08/26/21 Macau could receive 20,000 visitors per day for the rest of August Andy Wu Keng Kuong, Macau Travel Industry Council’s president, has said Macau could receive 20,000 visitors per day for the remaining days of August and in September.
08/25/21 S&P downgrades Genting Bhd due to Covid-19 impact S&P has downgraded Genting Berhad’s credit rating from “BBB” to “BBB-” amid a rise in Covid-19 cases in Southeast Asia.
08/25/21 Macau gaming stocks rise after easing of Covid-19 measures Macau’s gaming operators have seen a rise in stock values after authorities announced an easing of restrictions with the neighbouring province of Guangdong.
