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.
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.
