09/05/22 SJM to negotiate new revenue sharing arrangement with satellite casinos Ambrose So Shu Fai, SJM’s vice-chairman and chief executive, said the company is renegotiating due to increased operating costs.
09/05/22 JCRC requests FY2023 budget increase of nearly 10% The Japan Casino Regulatory Commission has requested the government increase its annual budget by JPY0.35bn.
09/05/22 Grand Korea Leisure casino sales down 19.9% in August Grand Korea Leisure Co Ltd (GKL) has reported a 19.9 per cent month-on-month decline in casino sales to approximately KRW22.91bn (US$16.7m).
09/05/22 Paradise Co revenue up 89.3% in August The South Korean casino has reported that revenue was up 89.3 per cent month-on-month at KRW50.76bn (US$37.3m).
09/02/22 Macau plans to continue phased opening of borders Visitors from more countries will be allowed to enter Macau in phases.
09/02/22 Alvin Chau trial starts today The charges against Alvin Chau Cheok Wa include founding and leading a criminal organisation, crimes punishable by a minimum of eight years in prison.
09/02/22 Macau: analysts remain optimistic about September GGR The reopening of borders offers some hope for a rebound in gaming revenue.
09/01/22 Melco Resorts repurchases 85 million shares The company has announced the exercise involved just under 10 million of its ordinary shares and 25 million of its American depositary shares.
09/01/22 LET Group Holdings appoints Lo Kai Bong as chairman The company has announced that Lo Kai Bong has been appointed as the chairman of the board.
09/01/22 Lottery sales in China down 13.5% in July Chinese lottery sales in July reached CNY31.37bn (US$4.55bn).
08/31/22 Success Universe reported a net loss of US$16m for H1 The company attributed the increase in the unaudited consolidated loss to a substantial increase in the unrealised fair value loss on the group’s overseas-listed equity securities.
08/31/22 Hong Kong-based firm to take control of Huis Ten Bosch PAG, a Hong Kong-based private asset management firm, is expected to take full control of the complex prior to September 30.