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.
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.
