01/04/22 Hong Kong-China travel bubble delayed due to Omicron cases Carrie Lam Cheng Yuet-ngor, Hong Kong Chief Executive, said the long-awaited travel bubble with mainland China will have to wait due to the outbreak of Omicron cases.
01/04/22 Macau expects to collect just US$5.35m in taxes via junket commissions in 2022 Authorities in Macau predicted the government will only collect MOP43m (US$5.35m) from taxes on commissions paid by casinos to junkets.
01/04/22 Macau casino revenue could reach MOP130bn in 2022, analyst says According to gaming experts, Macau’s casino revenue could be between MOP100bn and MOP130bn (US$16.18bn).
01/04/22 Grand Korea Leisure casino sales down 51.8% in 2021 Grand Korea Leisure (GKL) has reported a 51.8 per cent decline in casino sales year-on-year, from KRW186.02bn to KRW89.58bn.
01/03/22 Macau: two arrested after stealing casino chips worth $44,369 Authorities in Macau have recently arrested a man and a woman who stole casino chips worth MOP355,000 (US$44,369) from a casino on Cotai.
01/03/22 Wynn Macau and SJM to award employees with a special bonus Wynn Macau has announced it will pay a special allowance, equivalent to one month’s salary, to 97.8 per cent of its 12,000 employees. SJM will also provide an “annual living subsidy” to eligible employees.
12/23/21 Kangwon Land to launch ban mechanism for problem gamblers Kangwon Land will launch a ban mechanism for problem gamblers from January 1 in order to help tackle gambling harm.
12/23/21 Osaka opens public consultation on IR plans Osaka Prefecture has announced the opening of the period for public remarks on the proposed development of an integrated resort in the city.
12/22/21 Galaxy invests US$10m in corporate green bonds Galaxy Entertainment Group has invested US$10m in so-called green bonds issued by Mingyang Smart Energy Group.
12/22/21 Osaka’s IR project backed by 20 major companies Osaka Prefecture has revealed that plans to develop an integrated resort will be backed by 20 major companies.
12/22/21 Jeju casinos to require proof of vaccination Authorities have confirmed that casino venues will require proof of vaccination requirements or a valid negative Covid-19 test.
12/22/21 Moody’s downgrades Wynn Resorts rating Analysts at Moody’s Investors Service have downgraded Wynn Resorts Finance LLC’s corporate family rating from Ba3 to B1 while the outlook of the company remains negative.
12/22/21 Melco brings Macau’s first W Hotel to Studio City Phase II Melco Resorts & Entertainment has revealed it has entered into a strategic partnership with Marriott International to bring the W Hotels brand to Studio City Phase II.
