06/30/21 Genting Hong Kong announces recapitalization Genting Hong Kong has announced that it has made a series of deals to gain access to new loan facilities and an extension on existing arrangements.
06/30/21 Melco Resorts lists 5.38% senior notes due 2029 Melco Resorts has announced it is offering 5.375 per cent senior notes due 2029 issued by its subsidiary, Melco Resorts Finance Limited on the Chongwa (Macao) Financial Asset Exchange.
06/30/21 Vietnam: locals’ access to casinos to be extended until 2024 Vietnamese authorities are willing to extend the permission for selected casinos to allow economically qualified locals to gamble.
06/28/21 NagaCorp share award scheme delayed NagaCorp has announced it will defer its award shares to no later than December due to the voluntary temporary suspension of business in NagaWorld owing to Covid-19 concerns.
06/28/21 Crown Sydney revenue affected by loss of VIP market, analysts say Fitch Ratings says Crown Sydney’s return on investment will be slower than initially expected due to the loss of the Chinese VIP market and competition from The Star for the premium mass market.
06/28/21 Macau expects between up to 8 million visitors in 2021 Macau authorities believe an outbreak of Covid-19 cases in Guangdong province may have affected Macau’s recovery and visitor arrivals.
06/26/21 IPI: nobody to sign reports submitted to the CCC IPI is unable to send signed documents to the Commonwealth Casino Commission (CCC) as the current chief executive officer, Ray Yumul, has not yet been licensed by the CCC.
06/26/21 Macau Slot net profits down 37% in 2020 The instant lottery and sports betting concessionaire Macau Slot has reported MOP96m (US$12.1m) in net profits for 2020.
06/26/21 Melco Resorts to raise dividends on behalf of Melco International Melco Resorts & Entertainment may raise its dividend payout to help its parent company, Melco International Development as it needs to fund its shares for the development of an entertainment complex in Zhongshan.
06/25/21 Wynn Macau expects rebound of tourism in summer Linda Chen, executive director of casino operator Wynn Macau Ltd, has said she is confident the number of tourist arrivals to Macau will rise during the summer season.
06/25/21 Sociedade de Jogos de Macau to officially become SJM Resorts The casino operator has announced it is changing its company name to better reflect its “prominent position in tourism and leisure.”
06/25/21 Melco Resorts could benefit from non-gaming project in Zhongshan According to Sanford C. Bernstein Ltd, the Melco entertainment complex in Zhongshan could help the company retain its gaming concession in Macau’s 2022 retender.
06/24/21 India: investment in online gambling rockets, analysts say According to Maple Capital Advisors, investment in the online gambling industry in India rose sharply in the last six months.
06/23/21 Star Entertainment and Crown Resorts discuss potential merger Star Entertainment and Crown Resorts’ CEOs met virtually to discuss options regarding a possible merger.
