12/10/21 Nagasaki postpones public IR consultation until February The Nagasaki Prefectural Government has confirmed the period for public remarks that was supposed to begin in January has been delayed by a month.
12/10/21 Suncity and Summit Ascent shares suspended from trading The shares of Suncity Group Holdings and its Summit Ascent division were suspended from trading on Thursday after an announcement that an associate of its controlling shareholder may have a loan default.
12/09/21 DICJ warns VIP room workers cannot be dismissed Macau’s Gaming Inspection and Coordination Bureau (DICJ) and the Labour Affairs Bureau have said that the jobs of employees in VIP rooms promoted by junket operators shouldn’t be affected by the suspension of partnerships.
12/09/21 SJM Holdings and Galaxy to continue working with junket operators SJM Holdings and Galaxy Entertainment Group have revealed that they will maintain their cooperation agreements with junket operators at least until the end of current contracts.
12/09/21 Macau gaming and tourism to recover in 2022, analysts say Analysts at Fitch Ratings Inc. have predicted that Macau’s gaming and tourism sectors recovery will gain steam in mid-2022.
12/08/21 Casino concessionaires suspend operations with Tak Chun junket Tak Chun, the second-largest junket operator in Macau, has confirmed that some casino operators have decided to temporarily suspend their partnerships.
12/08/21 Gaming operators will terminate agreements with junkets, analysts say Analysts at Morgan Stanley have said that more gaming operators will end agreements with junkets, effectively closing the junket sector in Macau without the government having to intervene.
12/08/21 Nagasaki changes IR design plans The Nagasaki Prefectural Government has confirmed there have been some changes to the original design plan for its proposed IR.
12/07/21 Wynn Macau to close all VIP rooms from December 20 Credit Suisse has revealed that Wynn Macau will close all of its VIP rooms and is planning to retain only its direct VIP business.
12/07/21 Macau: DICJ tells junkets to stop offering credit It’s been revealed that Macau’s gaming regulator, the Gaming Inspection and Coordination Bureau (DICJ), has instructed junket operators to stop offering loans to customers.
12/07/21 Macau casino stocks rise after Omicron fears abate Macau casino stock prices rose after worries about the new Covid-19 strain began to subside.
12/07/21 Grand Korea Leisure revenue down 55.9% in November Grand Korea Leisure (GKL) has reported a 55.9 per cent decline in revenue month-on-month, to KRW4.1bn (US$3.5m).
12/07/21 Macau GGR up 14% in first week of December Macau’s GGR for the first week of December was up 14 per cent week-on-week to MOP260m (US$32.4m).
12/06/21 Wynn Macau grants share options to five non-executive directors Wynn Macau Ltd has announced that five non-executive directors have been granted new share options.
