05/10/22 Grand Lisboa Palace opens new retail area for local brands SJM’s Cotai resort has opened a new retail area as part of an initiative to promote Macau’s home-grown brands.
05/09/22 AAEC wants to appeal court decision in case against LVS Asian American Entertainment Corp Ltd (AAEC) has requested an extra 30 days to appeal the Court of First Instance decision in favour of Las Vegas Sands Corp (LVS).
05/06/22 Paradise Co sells office in Gangnam to bolster liquidity Paradise Co has sold an office to improve its financial position due to the impact of the Covid-19 pandemic.
05/06/22 South Korea to resume visa-free entries to Jeju Island from June 1 The government of South Korea will reopen its borders at Jeju Island in order to help boost the tourism and gaming industries.
05/06/22 Macau: only casino operators will be able to retain player funds Macau legislators have shed light on a proposed rule that provides criminal penalties for junkets who illegally accept deposits from the public.
05/06/22 Melco Resorts posts net loss of US$183.3m for Q1 Melco Resorts has shared its financial results for the first quarter of the year 2022, reporting a reduced net loss.
05/05/22 Macau legislators request clarification on illegal deposits Legislators have raised concerns about a proposed rule that provides criminal penalties for junkets who illegally accept deposits from the public.
05/05/22 Macau Labour Day break arrivals down 18.2% China’s Labour Day break from April 20 to May 4 saw 136,647 people visit Macau.
05/04/22 Grand Korea Leisure casino sales down 80.6% in April Grand Korea Leisure has reported casino sales of KRW5.77bn (US$4.6m) in April, down 80.6 month-on-month.
05/04/22 Macau’s VIP gaming promoter bill will allow non-resident junket collaborators Committee chairman Andrew Chan Chak Mo has revealed that junket operators’ sub-agents can be non-residents.
05/04/22 SJM Holdings could access US$637m loan from shareholder STDM The casino operator continues to face a critical financial situation and could seek a loan from its largest shareholder to confront liquidity problems.
05/04/22 Macau Labour Day break visitor tally remains low The Public Security Police Force has reported only 24,212 visitor arrivals on the fourth day of the Labour Day break.
