06/11/20 Plans for new Manila IR revealed International Entertainment Corp has begun the process to request a provisional license from PAGCOR.
06/11/20 SJM appoints new COO Irish executive Frank McFadden has been named Gaming and Hospitality COO.
06/11/20 Oshidori appoints new leader for IR bid Oshidori is one of three companies still in the race for Japan’s Nagasaki IR project.
06/10/20 SJM makes first changes after Stanley Ho’s death Daisy Ho Chiu Fung was elected chairman and executive director of the company at the annual board meeting.
06/10/20 Macau lower-stakes revenue may be slow to recover Analysts at Morgan Stanley warn lower-stakes mass market turnover may not recover fully once travel bans and restrictions are lifted.
06/10/20 SkyCity New Zealand returns to normality The country has begun to lift restrictions for businesses and social gatherings.
06/05/20 Meg-Star Group appoints new COO The Macau junket investor has appointed its chief advisor Ray Lok as the chief operating officer.
06/05/20 Osaka delays IR deadline again The deadline for proposals for the city’s IR has been put back by a further six months.
06/04/20 Macau casino stocks rebound Macau giants see positive movement on the stock exchange as large casinos reopen after Covid-19 lockdown.
06/03/20 Nagasaki to hold Sasebo City IR briefings Briefing sessions on the Sasebo City IR will take place in June with one-hour panels for potential operators.
06/02/20 Suncity Group increases stake in Philippines developer The agreement for almost US$145 million in convertible bonds will provide funding for the hotel and casino at Westside City Resorts World in Manila.
05/29/20 Macau occupancy hits all time low in April According to data revealed by Macau’s Statistics and Census Service, rates hit just 12.9 per cent during the month.
05/28/20 MGM China secures US$301m revolving credit facility Funds will be used for working capital needs and general corporate purposes.
05/28/20 Cambodia: Century ends license deal with Crown Century terminates agreement early without compensation to minimise cash outlay during the Covid-19 pandemic.
05/27/20 Stanley Ho’s death will not impact SJM Bernstein analysts noted Ho had effectively removed himself from SJM as early as 2009 after suffering a head injury and a series of brain surgeries.