04/08/21 James Packer is open to selling 37 per cent stake in Crown James Packer has hired investment bankers Moelis Australia to advise on any potential deal to sell his 37 per cent stake in Crown Resorts.
04/08/21 Australia and New Zealand to launch travel bubble from April 19 It’s hoped that the travel bubble will contribute to the economic recovery of Australia and New Zealand and could help other countries in the Asia-Pacific region to make a similar move.
04/07/21 Macau visitor numbers continue to rise but GGR falls Macau has reported gross gambling revenue of MOP$1.5bn (US$187m) for the first six days of April.
04/07/21 MGM-Orix continues as only contender in Osaka’s IR tender Although Osaka extended its submission period until April 6, no fresh private-sector suitor has come forward.
04/07/21 Nigel Morrison gets regulatory approval to join Crown board Former Skycity Entertainment CEO Nigel Morrison is the first new appointment since the Bergin Report found Crown unsuitable to hold its licence for its second Sydney casino.
04/01/21 500.com acquires shares in Loto Interactive 500.com Limited has announced the completion of its acquisition of a stake in Loto Interactive for HK$105m ($13.5m).
04/01/21 Universal Entertainment cancels sale of land close to Okada Manila The Japanese gaming conglomerate, which operates the Okada Manila casino, has abandoned the proposed sale after the Philippine government decided to restrict the entry of foreign visitors.
04/01/21 Kangwon Land appoints Lee Sam-Geol as new CEO Lee Sam-Geol will replace Moon Tae-Gon, who was promoted to the position of interim chairman last year.
03/31/21 Summit Ascent appoints new CEO David Chua Ming Huat will assume his new role at Summit Ascent at the beginning of May this year.
03/31/21 Paradise Co appoints Choi Sung-wook as new CEO Choi Sung-wook has been appointed as CEO to replace Park Byung-ryong, who steps down after four years.
03/31/21 Macau hotel occupancy at 38.5% in February Macau’s hotel occupancy declined 1.8 percentage points in February when compared with January occupancy rates.
03/30/21 Macau Legend revenue down 70% in 2020 Macau Legend Development has reported a loss of US$252m in 2020 due to a decrease in the number of visitors to Macau and Laos.
03/30/21 Macau sees highest visitor numbers since start of Covid-19 pandemic According to the Macao Government Tourism Office, total arrivals were 32,647 on Friday March 26, a year-on-year increase of 1,309 per cent.
03/30/21 SJM confirms Grand Lisboa Palace will open in first half of 2021 SJM Holdings’ co-chair and executive director has confirmed that Grand Lisboa Palace is close to launch.
03/27/21 South Korean casinos allowed to postpone sales taxes payment The government has announced it will postpone the deadline for South Korean casinos to pay their sales taxes.
