11/13/20 Wynn Macau to lay off overseas senior management The decision is part of a long-term plan to manage succession and localisation.
11/13/20 Sega Sammy cuts executive payment and staff The Japanese gaming firm plans to cut 650 positions from its 9,051-strong payroll by the end of the year.
11/13/20 Macau: “VIP business remains challenged” Operators saw a small recovery in October but mainly in the premium mass segment.
11/12/20 Osaka: World Expo applications to be approved Osaka expects to register its application for the 2025 World Expo in December.
11/12/20 Only 15 out of over 60 POGOs are operating The BIR says many companies will not return until there’s a vaccine for Covid-19 and tax rates are lowered.
11/12/20 Macau gaming tax collection down 74% year-on-year In the first ten months of 2020, authorities collected US$3bn.
11/11/20 Macau airport traffic jumps 112% The latest report from the airport’s operating company reveals an increase in traffic between August and September.
11/11/20 Genting HK to sell 50% stake in hotel subsidiary The company has signed an agreement to sell a stake in its Macau hotel to increase liquidity.
11/11/20 Macau to reopen borders to foreigners Some visitors will be allowed to apply to enter the city as of December 1.
11/10/20 Cape Verde rejects Chow bank licence The Macau businessman David Chow had requested permission to open a bank in the African country in 2018.
11/09/20 Tak Chun CEO joins Macau Legend board Levo Chan will join the board after becoming the largest single shareholder in the casino and hotel operator.
11/08/20 Singapore and Japan begin “cruises to nowhere” Pilot trips began this week with safety measures in place, including intensive care units on board.
11/06/20 Sega Sammy to transfer amusement centres The company said it expects extraordinary losses of US$193mfor the full fiscal year ending in March 2021 due to the transaction.
11/06/20 DFNN cleared to recapitalise Silver Heritage An Australian subsidiary of Hatch Asia will be able to subscribe 92 per cent of the existing shares of the casino developer.
11/05/20 Macau to boost visitation with large events Despite the Grand Prix being cut to three days, authorities intend to host more events to attract visitors and create jobs.
