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.
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.
