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.
12/22/21 MGM to pay one-off bonus to non-management staff MGM China has revealed it will pay a one-time bonus to eligible non-management employees, which represent 95 per cent of its staff.
12/21/21 Hong Kong-Macau travel bubble to start within a week Elsie Ao Ieong U, Macau’s secretary for social affairs and culture, has confirmed the reopening of borders between Hong Kong and Macau will happen next week.
12/21/21 Macau GGR down 3% in the third week of December Macau’s GGR for the third week of December was down 3 per cent week-on-week from MOP229m (US$28.5m) to MOP221m (US$27.5m).
12/21/21 Nagasaki asks Casinos Austria to name IR partners The Nagasaki Prefectural Government has asked Casinos Austria International Japan to deliver the names of all companies involved in its planned IR project.
12/20/21 Uncertainty surrounds Macau’s economic recovery in 2022 Lei Wai Nong has said the number of tourists in Macaus is increasing but uncertainties remain around the potential for an economic recovery after the Covid-19 pandemic.
12/20/21 Wynn Macau executive director confirms closure of all VIP rooms Linda Chen, executive director of Wynn Macau, said the company will end its cooperation agreements with junket operators before the end of the year.
