09/30/21 China and Cambodia renew agreement on cross border crime Authorities from China and Cambodia have signed an agreement to continue working together against cross-border crimes, including illegal online gambling.
09/29/21 Macau occupancy rate down 25.3% in August The Macau Statistics and Census Bureau has reported that the average occupancy rate at Macau hotels was down 25.3 per cent month-on-month in August.
09/29/21 Sands China redeems US$1.8bn senior notes due in 2023 Sands China has announced it has fully redeemed its US$1.8bn senior notes due in 2023 with an interest rate of 4.6 per cent.
09/29/21 Macau casino operators reminded to have Covid-19 contingency plans Authorities met with casino, lottery and sports betting operators and warned them to have Covid-19 contingency plans after local cases were detected at the weekend.
09/28/21 Osaka: MGM-Orix IR expects US$3.87bn in annual gaming sales Osaka Prefecture has revealed that the MGM-Orix request-for-proposal (RFP) submission predicts that its planned IR could generate JPY430bn (US$3.87bn) in annual gaming sales.
09/28/21 Genting Hong Kong continues to seek new sources of funding The casino cruise ship operator has been deeply affected by restrictions due to the Covid-19 pandemic and is looking for new business opportunities to diversify.
09/28/21 Macau arrivals plummet after new Covid-19 cases The new appearance of local Covid-19 cases has caused the number of tourist arrivals to plummet by 70 per cent.
09/28/21 Okura Holdings revenue down 23.1% for FY21 Okura Holdings has reported that revenue declined 23.1 per cent during fiscal year 2021, to JPY5.4bn.
09/27/21 Analysts warn caution amid Macau’s proposed new gaming laws Brokerage JP Morgan has warned that Macau’s gaming sector could be “un-investable” due to the possibility of increased oversight of gaming concessionaires and junket operations.
09/27/21 Macau October Golden Week at risk amid local Covid-19 cases An outbreak of two local Covid-19 cases has endangered Macau’s expectations for the October Golden Week.
09/27/21 Macau cancels gaming law consultation session due to Covid-19 cases Macau’s Gaming Inspection and Coordination Bureau has confirmed that the public consultation on gaming law has been cancelled after two local cases of Covid-19 were detected.
09/24/21 Melco Resorts and MGM China highlight green initiatives Melco Resorts and MGM China have highlighted recent ecological initiatives.
09/24/21 Wynn Resorts CEO optimistic about future of Macau gaming Matt Maddox, chief executive of Wynn Resorts Ltd, believes Macau’s intention to increase the oversight of gaming concessionaires was a practical decision rather than a punitive one.
09/24/21 Capital Group Companies Inc reduces stake in Wynn Macau Capital Group has announced it has reduced its stake in Wynn Macau from 7.20 per cent to 6.87 per cent.
09/24/21 Sands China completes issue of US$1.95bn in senior notes Sands China has announced it has finished the issuance of new unsecured notes to redeem in full the outstanding principal amount of its US$1.80bn 4.6 per cent senior notes due 2023.
