05/24/21 Vietnam: casinos’ request to expand locals’ access goes unheard In March casino operators in Vietnam asked the government to ease the rules on locals entering casinos, but the government has made no response.
05/22/21 Reef Casino profit surpasses 2019 levels Reef Casino Trust has reported that profit for the first quarter was higher than in 2019 thanks to an increase in regional and local visitors.
05/22/21 Sri Lanka: port city development gets approval from parliament The China-backed $1.4bn port city development in Colombo has received approval from Sri Lanka’s parliament.
05/22/21 Macau’s economy to rebound by 2024, analysts say According to Moody’s Investor Service, Macau’s economy could return to pre-pandemic levels by 2024.
05/21/21 PH Resorts expects tourism recovery amid vaccination plan PH Resorts hopes for a recovery of the tourist sector as the Philippines’ vaccination plan moves forwards.
05/21/21 SJM executive director acquires L’Arc Macau casino Angela Leong, SJM executive director, has acquired all of the remaining shares in L’Arc Entertainment, the company behind the L’Arc Macau casino.
05/20/21 Manila IRs get permission to receive guests Manila;s IRs have been allowed to accept guests for staycations after The Philippines’ president placed Metro Manila under general community quarantine,
05/20/21 Star Gold Coast casino expansion to be finished by mid-2024 The Star Gold Coast casino in Australia will add a new tower housing 210 five-star hotel rooms.
05/20/21 Australia: cashless gambling proposal gains support Members of religious institutions and community service organisations have expressed their support for cashless gambling in New South Wales.
05/19/21 Sri Lanka: port city development needs public referendum Sri Lanka’s Supreme Court has rules that the China-backed port city project in Colombo requires approval by a public referendum.
05/19/21 Crown Resorts tried to delay AML controls, inquiry hears On the second day of public hearings in Victoria, VCGLR licensing manager Jason Cremona said a former Crown executive tried to delay the introduction of tighter money-laundering controls.
05/19/21 Macau GGR drops 53% in second week of May Casinos saw a logical decline in revenue following a spike during the Labour Day break.
05/18/21 Macau Legend unsure of quick return to positive EBITDA Melinda Chan Mei Yi, Macau Legend’s executive director, has said it remains difficult to forecast a return to positive EBITDA amid uncertainty around the Covid-19 pandemic.
05/18/21 Singapore-Hong Kong travel bubble delayed until June at earliest The long-awaited Singapore-Hong Kong travel bubble has been delayed again until further notice due to a rise in Covid-19 cases in Singapore.
