04/04/22 Kangwon Land to extend operating hours The casino operator has reported that it has been allowed to extend its operating hours to 14 hours with a maximum of 3,000 customers.
04/04/22 Emperor Entertainment Hotel to close its casino on June 26 The company has announced it will not renew its service agreement with gaming concessionaire SJM.
04/01/22 Moody’s downgrades MGM Resorts Corporate Family Rating to B1 Analysts at Moody’s Investors Service have downgraded MGM Resorts International’s corporate family rating from Ba3 to B1.
04/01/22 Macau: March GGR lowest since September 2020 Macau has reported gross gambling revenue of MOP3.67bn (US$454.5m) for March, down 52.7 per cent month-on-month.
03/31/22 Japan: 24 police officers investigated for gambling on card games Officers were allegedly found gambling on card games in a police training academy dormitory.
03/31/22 Macau: VIP agent allegedly stole US$35.8m from casino VIP deposits Some 200 depositors are believed to have lost deposits after the closure of a VIP room last year.
03/31/22 Authorities in Macau unveil details about new VIP gaming promoter law Authorities in Macau have shared details on the bill that proposes a new regulatory system for junket operators in the city.
03/31/22 Bally’s Corp seeks to enter Japan IR contest with casino resort in Fukuoka The US company wants to develop an integrated resort in the city of Fukuoka, Japan’s sixth-largest city.
03/31/22 All Macau casino operators have requested extension of concessions Adriano Ho of the Gaming Inspection and Coordination Bureau (DICJ) has confirmed that the six operators have submitted proposals to extend their concessions for another six months.
03/30/22 China: 14 arrested for illegal online gambling Police have arrested 14 people linked to five betting websites based in the Philippines.
03/30/22 Macau occupancy rate up 10.3 percentage points in February The Statistics and Census Service (DSEC) has reported that Macau’s hotel occupancy rate was 48.7 per cent in February.
03/30/22 Suncity Group reports US$33m loss for 2021 Suncity Group Holdings Ltd has shared its financial results for the year 2021, positing a loss of HKD258.3m (US$33m).
