05/28/21 S&P expects Philippines economy to rebound in 2022 S&P Global Ratings has maintained its “BBB+” rating on the Philippines in expectation of an economic rebound in the following months and the next year.
05/27/21 Morgan Stanley cuts forecast for Macau GGR Morgan Stanley now forecasts that Macau GGR will reach nearly 45 per cent of pre-pandemic levels this year.
05/27/21 Vietnam’s GDP to continue positive growth According to Fitch Ratings, Vietnam’s economy is expected to continue to grow.
05/27/21 South Korea: GKL casino venue to be demolished after sale The Millennium Hilton Seoul Hotel which hosted the GKL Seven Luck Casino will be replaced by an office building.
05/27/21 Genting Singapore’s recovery slower than expected, analysts say Brokerage Nomura has reduced its previous EBITDA forecasts for Genting Singapore due to lower than expected revenue in Q1.
05/27/21 Yokohama: anti-IR campaigner launch new organisation Yokohama Harbor Resort Association chairman Yukio Fujiki has launched a new organisation called “Yokohama Future Concept Conference”.
05/26/21 Emperor Entertainment to pay special dividends to shareholders Emperor International Holdings has announced the payment of a special dividend after the acquisition of three properties.
05/25/21 Yokohama IR tender likely to go to Genting or Melco According to analysts, one of the contenders is now looking for a minority stake, leaving Genting Singapore and Melco Resorts to compete for Yokohama’s IR bid.
05/25/21 Macau GGR up 12% in third week of May Macau GGR was up 12 per cent in the third week of May when compared to the previous week but down 6 per cent when compared to April.
05/25/21 MGM China expects summer holiday period to boost revenue MGM China is confident the summer holiday period will boost revenue in Macau.
05/25/21 Landing International expects to raise US$17.9m from new shares Landing International plans to use the funds for the maintenance and upgrade of its casino resort Jeju Shinhwa World on South Korea’s Jeju Island.
05/25/21 Genting Hong Kong cautious about performance in 2021 Genting Hong Kong has shared its audited financial results for the year 2020 and has said it expects Covid-19 will continue to have a material impact on the group’s business.
05/24/21 Macau visitor arrivals up 5.3% in April Macau registered 794,819 visitor arrivals in April, up 5.3 per cent from March and 7,000 per cent year-on-year.
