07/15/22 Macau Slot net profits up 31.8% in 2021 The sports betting concessionaire Macau Slot Co Ltd has reported MOP127.8m (US$15.8m) in net profits for 2021.
07/14/22 Analysts predict Macau 2023 GGR could reach 60% of pre-pandemic levels Analysts at Morningstar have also lowered their predictions for Macau’s 2022 gross gaming revenue to 20 per cent of 2019 levels.
07/14/22 Osaka: anti-IR group to submit referendum request on July 21 Osaka prefecture’s governor Hirofumi Yoshimura has previously said that a referendum is unnecessary.
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.
