02/10/22 Melco reaches average occupancy rate of 70% during Chinese New Year The average occupancy rate of hotels in Macau during the holiday period was 63.8 per cent.
02/09/22 Mohegan Gaming & Entertainment resumes Incheon IR development After completing financing last November, the company has announced it has resumed work at its Incheon integrated resort, Inspire Korea.
02/09/22 Studio City to offer senior secured notes The net proceeds from the offering will be used to partially fund capital expenditures for the remaining Studio City project and for general purposes.
02/09/22 Court orders Kazuo Okada to pay US$50m in fees to law firm The 7th Circuit US Court of Appeals has ordered Okada to pay unpaid attorneys’ fees to Bartlit Beck.
02/09/22 Marina Bay Sands US$1bn renovation project to be completed in phases The upgrade of Marina Bay Sands’ hotel accommodations will be completed in phases over 2022 and 2023.
02/09/22 Melco confirms end of agreements with junket promoters Through a company filing, the casino operator has announced that it ceased all arrangements with gaming promoters at Studio City Casino in December 2021.
02/09/22 Wynn Macau: CNY saw the best gaming performance since the pandemic began Linda Chen, vice-chairman and chief operating officer of Wynn Macau Ltd has hailed gaming performance during the Chinese New Year holidays.
02/08/22 Studio City may transfer ownership of casino due to Macau legal changes Macau’s new gaming law would end the current sub-concession system that led to the creation of three additional Macau casino licences, including that of Studio City casino resort.
02/08/22 Concerns continue around Wakayama IR funding A prefectural assembly committee has warned that funding for the proposed integrated resort is “still unclear”.
02/08/22 Studio City Phase II budget cut to US$1.2bn Studio City’s Phase II budget has been cut mainly due to the Covid-19 pandemic.
02/08/22 Macau Chinese New Year GGR up 60% year-on-year Macau has seen average daily revenue of MOP333m (US$41.4m) during the Chinese New year period between February 1 and 6.
02/07/22 Macau maintains Covid-19 countermeasures with Guangdong Authorities in Macau have confirmed they will maintain the current 48-hour validity period for nucleic acid tests for tourists entering Macau from Guangdong.
02/07/22 HK Jockey Club posts record US$238m in bets during the Chinese New Year The Hong Kong Jockey Club’s revenue grew 1 per cent when compared to last year, with a total of 11 races.
02/07/22 Kangwon Land plans to expand its casino floor area Kangwon Land Inc is to expand its casino floor area from 14,053 to 15,486 square metres.
