03/13/21 Gaming machine profits set new record in New Zealand in Q4 Gaming Machine Profits (GMP) increased by 3.7 per cent during the fourth quarter, reaching NZ$252m (US$181.4m).
03/11/21 Hokkaido governor confirms no interest in IR development for now Hokkaido’s governor has confirmed that the prefecture will not be applying for an IR licence for now but says he would reconsider a project in the future.
03/05/21 Sands sells Las Vegas properties to focus on Asia Casino giant Las Vegas Sands is selling its world-famous Venetian casino for US$6.25bn to invest in its Asian businesses.
03/04/21 Macau gaming tax revenue drops 63.6% in January Macau’s government collected MOP$3.21bn (US$402m) in tax revenue from the gaming industry in January.
03/04/21 Japan: foreign interest in IRs shows expectations of profitability Minister Kazuyoshi Akaba says foreign companies’ bids show expectations that IRs will be profitable.
03/03/21 Five groups reach next phase of Nagasaki IR process An official in Nagasaki has confirmed that all five contenders have qualified to progress to the next phase of the process.
03/02/21 Macau GGR declines 8.9% in February Revenues declined to MOP$7.31bn (US$914.5m), compared to MOP8.02bn (US$1.0bn) in January.
03/02/21 Raffles brand to arrive at Galaxy Macau Today’s agreement between Accor and Galaxy Entertainment will see the construction of “Raffles at Galaxy Macau”.
03/02/21 Another Crown Resorts director resigns John Poynton has stepped down from Crown Resorts’ board and as chairman of the company’s Burswood casino in Perth.
02/27/21 Genting Malaysia revenue down 57.3% in 2020 The company saw a decline in EBITDA because of restrictions to contain the Covid-19 pandemic.
02/27/21 Melco still hoping for an IR licence in Japan Lawrence Ho, Melco Resorts Chairman and CEO, has said he sees Japan as “the best potential new gaming market globally.”
02/26/21 Hokkaido IR development excluded from 2021 budget The prefectural government has submitted its annual budget and has not earmarked any funds for an IR development.
02/25/21 IEC reports US$11.7m loss for H2 2020 The company was impacted by a loss of revenue across its Philippines hotel and gaming segments.
02/25/21 Galaxy Entertainment returns to positive EBITDA The Macau casino operator saw a notable improvement in operating revenue for the fourth quarter of 2020.
