02/25/21 Macau Legend still hopes for gaming licence of its own Macau Legend’s current access to gaming rights is under services agreements with Macau casino licensee SJM Holdings.
02/25/21 Summit loans SunTrust US$120m for new Manila casino The Manila hotel and casino development is scheduled for completion in late 2022.
02/25/21 Grand Lisboa Palace opening moved back again SJM Holdings hopes to open Grand Lisboa Palace in May or June but the exact date remains subject to market conditions.
02/24/21 Premium player activity banned at Crown Perth The GWC has prohibited Crown Perth from conducting any junket, premium or privileged player activity.
02/24/21 Internet Viking establishes data centre in Singapore The launch will enable Internet Viking to cater to igaming operators in South East Asia.
02/24/21 SJM revenue down 77.8% in 2020 The Macau casino operator reported a net loss of nearly HKD3.03bn (US$390.2m) for the year ending December 31.
02/24/21 Macau gaming stocks reach two-month high Macau casino stocks have risen nearly 12 per cent following the announcement of quarantine-free travel from mainland China.
02/24/21 South Korea: turnover at foreigner-only casinos down 59% in 2020 South Korea’s foreigner-only casinos reported turnover of KRW595.4bn (US$534.8m) for 2020.
02/24/21 Macau GGR rises 7% after Chinese New Year Macau’s gross gaming revenue increased by 7 per cent month-on-month for the first three weeks of February
02/23/21 Analysts doubt Thailand will legalise gambling Despite apparent political interest, some believe a legal gambling market in Thailand is not on the cards for now.
02/19/21 TAB NZ reports 43.8% increase in revenue for January TAB NZ’s gross betting revenue reached NZ$38.1m (US$27.6m) in January, $7.4m above expectations.
02/19/21 ILGA backs Helen Coonan as Crown Resorts resignations mount The ILGA has backed Coonan’s position as executive chair while Mary Manos has resigned as company secretary.
02/19/21 Macau urges China to resume issuing digital visas The e-visa programme would benefit tourism by allowing more Chinese residents to travel to Macau.
02/19/21 Macau gaming tax revenue drops 74% in 2020 Macau’s government collected MOP29.81bn (US$3.73bn) in tax revenue from the gaming industry in 2020.
02/19/21 Nagasaki seen as best-managed contender in Japan IR race The vote of confidence suggests that the Nagasaki Prefectural Government is likely to get one of Japan’s three IR licences