10/13/21 Macau cancels third gaming law consultation session The third scheduled meeting for the public consultation on gaming law amendments has been cancelled due to a typhoon alert.
10/13/21 Kangwon Land’s main shareholder transfers stake The Mine Reclamation Corp, one of Kangwon Land’s main shareholders. has announced it has transferred its entire 36.27 per cent stake to an entity called the Korea Mine Rehabilitation and Mineral Resources Corp.
10/13/21 Macau’s gaming market may not recover until 2025, analysts say Analysts at Sanford C. Bernstein predict Macau’s gaming market will return to pre-pandemic levels by 2025.
10/12/21 Nagasaki asks Casinos Austria for details on IR plan The Nagasaki Prefectural Government has asked Casinos Austria International Japan Inc to present a point-by-point plan of the consortium’s structure and how it will raise funds before the end of October.
10/12/21 Macau GGR for October likely to be down 80%, analysts say Due to new Covid-19 cases in Macau, analysts expect revenue will be down 80 per cent when compared to pre-pandemic levels.
10/12/21 Casino Oceanus to reopen after a snap four-day closure SJM Holdings has reported that Casino Oceanus has reopened its doors after a snap four-day closure due to local Covid-19 cases.
10/11/21 Macau Golden Week visitors down 93% Just 8,159 people arrived in Macau during the festive period after new local Covid-19 cases were detected.
10/11/21 City of Dreams Macau takes over management of nightclub Melco Resorts and Entertainment has announced that the former promoter has ceased managing Club Cubic, which will reopen with a new name.
10/11/21 Macau: more inspections of casino Covid-19 measures The Gaming Inspection and Coordination Bureau has intensified its inspections at casinos in a bid to ensure epidemic prevention measures are in place and are being followed.
10/07/21 Lawyers contest controls over Macau casino dividend distribution A group of lawyers says the proposal for casinos to require government endorsement before distributing profits is unjustifiable. They propose an alternative solution.
10/07/21 Macau classified as medium-to-high risk area by Zhuhai Amid a rise in Covid-19 cases in Macau, the district zone of Zhuhai in the neighbouring province of Guangdong has labelled the city as a medium-to-high risk area for Covid-19.
10/06/21 Japan relying on IRs to boost tourism Tetsuo Saito, Japan’s minister of land, infrastructure, transport and tourism, has said that the country’s planned integrated resorts will be a key driver to bring in tourists.
10/06/21 Macau tightens travel restrictions due to Covid-19 cases Ho Iat Seng, Macau’s chief executive, has imposed a new rule under which people who plan to travel outside Macau must present a negative Covid-19 test issued within 24 hours of departure.
10/06/21 MGM CEO has no worries about increased control over Macau’s casinos Bill Hornbuckle, MGM president and CEO, has said he is not worried about increased oversight of gaming concessionaires and junket operations.
10/06/21 Casino Oceanus to temporary close due to Covid-19 cases SJM Holdings has reported that Casino Oceanus will be temporarily closed for disinfection after one person with Covid-19 visited the venue.
