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.
06/12/21 Yokohama: Sega Sammy and Genting partner for IR bid Sega Sammy Holdings has announced a partnership with Genting Singapore to bid for Yokohama’s IR development.
06/12/21 SkyCity expects strong performance for FY21 SkyCity expects a normalised EBITDA of between $247-253m for the financial year ending June 30 thanks to a rise in domestic tourism.
06/11/21 Pressure mounts for SkyCity to return more profit to community Hamilton City Council has made a draft submission to review licence conditions for casinos since SkyCity only returns 1.5 per cent of its profit to the community while pubs and clubs must return 40 per cent.
06/11/21 South Korea in talks on travel bubble with Singapore and Taiwan South Korea could announce a travel bubble with Singapore and Taiwan from July to help the tourism sector start to recover from the impact of the Covid-19 pandemic.
06/11/21 Sports betting could boost Macau GGR, analysts say With Macau Slot Co losing its exclusivity in sports betting, analysts believe casinos could diversify their gaming offerings.
06/11/21 Imperial Pacific continues to pay back wages Imperial Pacific has said it continues to pay its scheduled back wages payments in full and on time.
06/10/21 The Philippines approves two more e-sabong operators PAGCOR has allowed four firms to operate e-sabong in the Philippines.
06/09/21 Pansy Ho Chiu King reduces MGM Resorts stake to 0.86% Pansy Ho Chiu King has sold US$20.4m worth of shares in MGM China’s parent company, MGM Resorts International, reducing her stake to 0.86 per cent.
06/09/21 Macau Slot loses exclusive rights to run instant lotteries The instant lottery and sports betting concessionaire has extended its concession for three years but without exclusive rights.
