01/13/21 Suncity VIP volume up to 20% of pre-Covid-19 levels The recovery has been slower and more gradual than the group expected, according to Goldman Sachs analysts.
01/12/21 500.com to acquire bitcoin mining machines The Chinese company expects to begin generating revenue from bitcoin mining in the first half of 2021.
01/11/21 China reveals plans for US$900m esports centre Located in Shanghai, the 6,000-capacity arena will host more than 300 matches a year. It will also include a themed hotel and museum.
01/08/21 Macau tourism still below expectations Despite efforts, authorities have recognised the number of visitors is still lower than expected after the resumption of visas.
01/08/21 PAGCOR remits additional US$20.7m to Treasury The regulator increased funds corresponding to 2019’s cash dividends to aid the efforts to curve the spread of Covid-19.
01/08/21 Macau: Trump bans WeChat Pay and Alipay The US president considers China-based apps, often used for purchases or business transactions, to be dangerous for national security.
01/08/21 Adelson leave will not impact Sands China operations Several analysts said the absence of the founder of LVS and Sands China will not impact gaming operations.
01/07/21 MGM “remains committed to Macau” after investor urged to sell MGM Resorts International board of directors has answered the requirement of an investor to sell a part of its MGM China property.
01/07/21 Wynn Macau to cut management salaries The company has decided to cut salaries due to the impact of the pandemic on group finances but confirmed a later compensation.
01/07/21 Suncity plans non-gaming resort in Japan The Hong Kong group expects to open a new project in Hokkaido this year while it is also aiming for an integrated resort licence in Wakayama.
01/06/21 Macau regulator’s deputy director takes unpaid leave The Gaming Inspection and Coordination Bureau has announced its deputy director, Leong Man Ion, has taken unpaid leave.
01/06/21 Manufacturer stock prices remain strong in December The December edition of the AGEM Index showed a 9.5 per cent hike since November and was 26.7 per cent up on the prior year.
01/06/21 Three new potential partners emerge for Nagasaki IR The Request for Proposal proceedings in the city will get underway tomorrow, 7 January 2021.
01/05/21 SJM Holdings: Toh Hup Hock named CFO SJM Holdings has announced the exit of its current CFO, Robert Earle McBain, to be replaced by its chief operating officer.
01/05/21 Video lottery sales plummet in China China’s total lottery sales dropped 22 per cent year on year between January and November 2020.
