08/05/22 Mohegan Gaming & Entertainment posts $8.3m loss for 2Q22 The company attributed the loss to interest expenses related to Inspire Korea.
08/04/22 South Korea to allow visa-free entry from Japan, Taiwan and Macau Authorities have announced the country will allow visa-free entry to holders of Japan, Taiwan, or Macau travel documents.
08/04/22 Macau could see 20,000 tourists per day by month’s end The tourism industry hopes to see visitors return later this month.
08/04/22 SJM Holdings to receive US$254.8m loan from shareholder STDM STDM’s loan is for a fixed period of six years from the date of drawdown, with a 4 per cent annual interest rate.
08/04/22 MGM China posts EBITDA loss of US$48.7m for Q2 MGM China has reported a negative EBITDA compared to a positive HK$45.7m in the first quarter.
08/03/22 Zhuhai lifts seven-day quarantine for those coming from Macau The seven-day quarantine is no longer applicable to those who wish to travel to mainland China’s Zhuhai city from Macau.
08/03/22 Paradise Co revenue up 296.5% year-on-year in July Paradise Co reported that revenue was also up 110 per cent month-on-month at KRW27.36bn (US$20.9m).
08/03/22 Grand Korea Leisure casino sales up 17% in July Grand Korea Leisure has reported casino sales of KRW28.61bn.
08/03/22 4 Macau casino resorts no longer in use as quarantine accommodation The Macao Government Tourism Office has announced that four hotels are no longer being used in the Macau government’s quarantine programme.
08/02/22 Analysts expect Macau uptick during October Golden Week If Covid-19 remains under control in Macau, analysts believe meaningful business will return to casinos during the October Golden Week.
08/02/22 Macau to ease quarantine requirements from August 6 The quarantine period will be reduced to seven days for arrivals from outside of China.
08/02/22 Nagasaki committee dismisses complaint against IR consultancy payments It’s determined that the payment of consultants’ fees to support the local government’s pursuit of an integrated resort was not irregular.
08/02/22 SJM Holdings posts net loss of US$351.2m for H1 The casino operator revenue fell 20.9 per cent year-on-year to HK$4.13bn (US$525.9m).
08/01/22 Macau GGR plunges to lowest monthly tally since 2003 July’s GGR was down 95.3 per cent year-on-year due to the latest Covid-19 outbreak.
08/01/22 Osaka’s prefectural assembly rejects call for IR referendum The two main political parties in Osaka have voted against the IR referendum proposal.