07/13/22 Universal Entertainment to take legal action against Kazuo Okada in Hong Kong The company claims Okada and his team have committed serious violations of Hong Kong law.
07/13/22 Lawsuit could jeopardise Osaka IR plans An anti-IR group claims the City’s Audit Committee refused to review the land lease deal for an integrated resort at Yumeshima.
07/13/22 Galaxy could see non-gaming revenue recover faster than GGR Analysts at Sanford C. Bernstein predict that the company’s non-gaming revenue could surpass pre-pandemic levels in 2023.
07/13/22 Macau: two more casino resorts used as quarantine accommodation Authorities have decided to use Studio City and Broadway Macau as quarantine accommodation. There are now six casino resorts being used.
07/12/22 MGM CEO says Macau will “forever” be world’s largest gaming market Bill Hornbuckle is confident that Macau will continue to be the largest single-jurisdiction casino gaming market in the world.
07/12/22 Sands China to receive US$1bn loan from Las Vegas Sands Las Vegas Sands Corp. will provide Sands China with a subordinated unsecured term loan.
07/12/22 Macau GGR down 62% between July 1 and 10 Macau has recorded daily casino gross gaming revenue of MOP20m (US$2.48m) for the first 10 days of July.
07/11/22 Osaka: pro-IR parties win parliamentary seats in Japan’s elections The Japan Restoration Party has won two seats while the Liberal Democratic Party (LDP) and its national-level coalition partner Komeito each won one.
07/11/22 Macau shuts all casinos for a week amid rise in Covid-19 cases Casinos will remain closed until July 18, while analysts fear GGR for the entire quarter is at risk.
07/08/22 S&P Global Ratings cuts Macau GGR forecast to US$1.08bn Analysts at S&P Global Ratings have lowered their predictions for Macau’s gross gaming revenue in 2022.
07/08/22 Suncity shares jump by 137% after trade resumes Company shares have begun trading again after nearly two months.
07/08/22 Macau Covid-19 cases rise to 1,303 in latest outbreak Health authorities have reported that the number of Covid-19 cases in the latest outbreak had risen to 1,303 as of midnight on Thursday.
07/08/22 Jeju Dream Tower posts gross gaming revenue of US$11.8m for Q2 The Jeju Dream Tower casino resort has shared its financial report for the second quarter of the year.
