06/23/21 CCC to cut staff due to Imperial Pacific’s closure The Commonwealth Casino Commission (CCC) is in an economic crisis due to Imperial Pacific International’s non-payment of its licence, and itplans to lay off 22 workers.
06/23/21 Cambodian government to intercede in NagaCorp conflict with unions A meeting between NagaCorp’s management and laid-off workers will be attended by the country’s Ministry of Labour and Vocational Training.
06/22/21 Reef Casino expects to announce profits of AU$3m Reef Casino Trust has announced its distributable profit for the first six months of the year will be approximately AU$3m.
06/21/21 Macau GGR down 24% in third week of June Macau’s GGR was down 24 per cent when compared to the previous week and 51 per cent from May, mainly due to restrictions in the Guangdong province after a rise in Covid-19 cases.
06/21/21 Success Universe provides financial assistance to Ponte 16 Success Universe Group has provided financial assistance to Ponte 16 and acted as guarantor of the company’s payment obligations.
06/18/21 Hong Kong to shorten quarantine to 7 days for vaccinated visitors Hong Kong authorities have announced that fully vaccinated travellers will only have to undergo a seven-day quarantine instead of the current 21 days.
06/18/21 Pansy Ho Chiu King continues to reduce MGM Resorts stake Pansy Ho Chiu King has reduced her MGM Resorts International stake to 0.82 per cent after selling an aggregate of 204,459 shares.
06/16/21 Royal International posts $1.1m loss for Q1 The Vietnamese casino operator Royal International has reported revenue of $1.2m and a loss of $1.1m for the first quarter.
06/15/21 Macau GGR down 35% in second week of June Macau GGR was down 35 per cent in the second week of June when compared to May, most likely due to the rise in Covid-19 cases in Guandong province.
06/15/21 Macau gaming tax revenue up 1.28% in May Macau’s government collected MOP3.25bn (US$406.5m) in tax revenue from the gaming industry in May.
06/15/21 Oaktree makes new offer for James Packer’s Crown shares Oaktree has increased its original bid with an AU$3.1bn (US$2.39bn) offer to acquire James Packer’s 37 per cent stake in Crown Resorts.
06/14/21 Huis Ten Bosch posts losses of US$1.9m Huis Ten Bosch, the theme park where Nagasaki’s prefectural government hopes to develop an Integrated Resort, posted a full-year loss of US$1.9m.
06/14/21 War of words over legal advice for former IPI chairwoman Cui Li Jie’s former lawyer, Juan T. Lizama, has said that John Mo Shi Jian, a former Macau law professor, was giving the former IPI chairwoman bad advice.
06/12/21 Genting Malaysia invests in digital technology company Genting Malaysia was behind a round of funding for financial technology company Sightline Payments, which has recently acquired casino mobile application developer Joingo LLC.
