02/14/22 New Singapore gambling legislation receives first reading Two key bills have seen their first reading in parliament as Singapore looks to establish a the new Gambling Regulatory Authority mid-year.
02/11/22 Sega Sammy expects annual net sales to reach US$2.7bn Sega Sammy Holdings has announced it expects revenue to rise 13.4 per cent for its 2020-21 financial year.
02/11/22 US trade union calls for investigation into SunCity Group The International Union of Operational Engineers has called for a US federal investigation into junket operator SunCity Group and its link with US gaming companies.
02/11/22 Grand Korea Leisure posts net loss of US$94.7m for 2021 Grand Korea Leisure has reported a net loss of KRW113.27bn (US$94.7m), up 76.1 per cent when compared to the KRW64.3bn loss registered in 2020.
02/11/22 Osaka votes against allowing IR referendum Osaka’s city council has voted against the possibility of allowing a referendum on the development of an integrated resort in the city.
02/11/22 Jeju Dream Tower posts gaming revenue of US$12m for Q4 Lotte Tour Development Co Ltd has reported that the Jeju Dream Tower casino resort recorded gaming revenue of KRW14.4bn (US$12m) for the fourth quarter of 2021.
02/11/22 Moody’s downgrades SJM Holdings ratings Analysts at Moody’s Investors Service have downgraded SJM Holdings Ltd’s corporate family rating from Ba1 to Ba2.
02/10/22 MGM China mass-market gaming tables reached 85% of pre-pandemic levels in CNY MGM China Holdings has reported that its table drop in the mass-market segment reached 85 per cent of pre-pandemic levels during the Chinese New Year holiday period.
02/10/22 Kangwon Land posts net loss of US$9.2m for Q4 Kangwon Land has shared its financial results for the fourth quarter of the year, reporting a net loss of KRW11.0bn (US$9.2m).
02/10/22 Wakayama opens public consultation on IR plans The Wakayama Prefectural Government’s period for public remarks regarding the development of an integrated resort will run until March 10.
02/10/22 MGM China net revenue up 84% in 2021 MGM China has revealed its financial results for the year 2021, reporting a growth in net revenues of HKD9.41bn (US$1.2bn).
