04/21/22 Macau casino stocks rise after easing of Covid-19 countermeasures The shares of Macau casino operators rose between 4 and 8 per cent. The Hang Seng Index rose by 1 per cent.
04/21/22 Wakayama’s governor laments vote against IR plan Yoshinobu Nisaka, the governor of Japan’s Wakayama prefecture, has described the result as a “bitter blow”.
04/21/22 HK Jockey Club ups prize money and incentives to remain competitive Its boosted prize money for the 2022/23 racing season to HK$1.6bn (US$206.5m), its highest level so far, to stay ahead of competing jurisdictions.
04/20/22 Macau VIP gaming promoter bill passes first reading The bill on junket businesses and satellite casinos will now be assigned to one of three working committees for detailed examination.
04/20/22 Macau Legend co-chairman questions government diversification plan David Chow, Macau Legend’s co-chairman, says the gaming and tourism industries are still Macau’s core business and that the government should focus on supporting them.
04/20/22 Nagasaki prefectural assembly approves final IR plan The final draft of Nagasaki’s IR District Development Plan has been approved by the prefectural assembly.
04/20/22 Wakayama prefecture rejects IR plan The Wakayama Prefectural Assembly voted against the plan, 22 votes to 18.
04/19/22 Macau mass GGR down 8.8% in Q1 Macau’s Gaming Inspection and Coordination Bureau has reported mass gross gaming revenue for the first quarter of the year.
04/19/22 Nagasaki prefectural assembly to vote on final draft of IR plan The Nagasaki Prefectural Assembly will vote on the final draft of the IR District Development Plan tomorrow (April 20).
04/18/22 Genting HK to be delisted if it fails to remedy trading suspension issues The Stock Exchange of Hong Kong has reported that Genting Hong Kong will be delisted from the bourse unless it fully complies with listing rules and resumes trading by July 17, 2023.
04/18/22 Sands China has laid off 3,000 non-local employees during Covid-19 pandemic Wilfred Wong Ying Wai, president of Sands China, has revealed that the company has dismissed more than 3,000 non-local employees since the start of the pandemic.
04/18/22 Macau’s VIP gaming promoter bill to get first reading on April 20 Macau’s Legislative Assembly is expected to give a first reading to the bill on junket businesses and satellite casinos on Wednesday.
04/18/22 Kangwon Land returns to pre-pandemic operating hours The resort has been allowed to return to its pre-pandemic hours from today (April 18).
04/14/22 US real estate company may be involved in Nagasaki IR funding It’s been reported that US commercial real estate services and investment firm CBRE Group Inc is involved in financing of Nagasaki’s IR project.
