11/26/21 Arrest warrant issued for Suncity Group’s chairman The Wenzhou City Prosecutor’s Office has issued an arrest warrant for Alvin Chau, CEO of Suncity Group Holdings, for allegations of cross-border gambling activities.
11/26/21 Sands China recognized by the Dow Jones Sustainability Index Sands China has been included in the Dow Jones Sustainability Asia Pacific Index for its work on environmental and social issues.
11/26/21 Emperor posts net loss of US$10.8m for April – September Emperor Entertainment has shared its financial results for the period from April to September 2021, revealing an improvement in gaming revenue.
11/26/21 Dreams Sports collects $840m in a funding round Mumbai-based Dream Sports is now valued at $8bn.
11/26/21 Macau: economic diversification is inevitable, authorities say Lei Wai Nong spoke at the Legislative Assembly during his 2022 policy address.
11/26/21 China investigated 30,000 cross-border gambling cases since 2020 According to local media reports, authorities in China have investigated more than 30,000 cross-border gambling cases since the start of last year.
11/25/21 Wakayama: anti-IR group to demand referendum An anti-IR group claims it has collected enough signatures to demand a referendum on the development of an integrated resort in Wakayama.
11/25/21 India’s mobile gaming revenue to rocket, analysts say According to a new report from venture capital firm Sequoia and management consulting company BCG, mobile gaming revenue will reach $5bn in 2025.
11/24/21 Macau relaxes Covid-19 restrictions with remaining Chinese destinations Authorities in Macau have eased quarantine requirements for all visitors from mainland China from today.
11/24/21 Wynn to seek legal advice on Dore court judgement Wynn Macau has issued an investor warning after the Court of Final Appeal dismissed its appeal against a ruling that found it jointly responsible for a HK$6m debt to a VIP player.
11/24/21 Casino revenue improved in countries living with Covid-19, analysts say Fitch Ratings has noted that China’s zero-Covid policy continues to affect countries that are heavily dependant on Chinese visitors.
11/23/21 Wakayama postpones IR public hearings due to lack of information The 14 public hearings on the proposed IR development have been put back due to insufficient information on funding and the structure of the chosen consortium.
11/23/21 HK Jockey Club appoints Gabriel Leung as charities executive director The Hong Kong Jockey Club has announced Gabriel Leung will be its new executive director for charities and the community from July 18, 2022.
11/23/21 Wynn loses appeal against junket’s debt to VIP player The Court of Final Appeal has dismissed an appeal by Wynn Resorts and against a ruling that found it jointly responsible for a HK$6m debt to a VIP player.
