06/02/21 CNMI warns Imperial Pacific to pay debts Ralph Torres, governor of the Commonwealth of the Northern Mariana Islands, has said that if IPI doesn’t pay its arrears, the government will take “the next step.”
06/02/21 Macau GGR up 24.3% in May Macau has reported gross gambling revenue of MOP10.45bn (US$1.31bn) for May, up 24.3 per cent when compared with the previous month.
06/02/21 Yokohama: Melco and Genting confirmed as only IR contenders The city of Yokohama has confirmed only two companies remain in the process to select a private partner for its IR bid.
05/31/21 PAGCOR remits US$28.3m to Philippines National Treasury The regulator has remitted Php1.35bn (US$28.3m) in cash dividends to help the government fight against the Covid-19 pandemic.
05/31/21 News Corp in talks to launch FOX Bet in Australia News Corp Australia is in talks with Fox Corp and bookmaker Matthew Tripp about launching the FOX Bet brand.
05/29/21 Tabcorp receives US$3.10bn offer from BetMakers Tabcorp has received a new offer to acquire its wagering and media businesses, this time from BetMakers Technology Group Ltd.
05/29/21 Macau should regulate CSR for casino operators, analysts say As part of the retendering process for gaming licences, Macau authorities could introduce a rule to regulate casino operators’ corporate social responsibility.
05/29/21 Macau hotel guests up 550.3% in April The Macau Statistics and Census Bureau has reported that the average occupancy rate at Macau hotels was up 550.3 per cent when compared to last year.
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.
