09/13/21 AGTech acquires Macau Pass Holdings AGTech Holdings has announced it has acquired the entire capital of Macau Pass Holdings Ltd for HK778m (US$100m).
09/13/21 Yokohama IR withdrawal won’t affect Osaka’s plans Hirofumi Yoshimura, Osaka’s governor, has said Osaka’s IR plans won’t be impacted by Yokohama’s withdrawal from the contest.
09/13/21 Hengqin plans won’t benefit Macau casinos in the short term Auditors and analysts believe the Guangdong-Macau plan to develop an intensive cooperation zone on Hengqin won’t have a short-term impact on Macau’s casino industry.
09/13/21 Macau unlikely to ease travel limits this year, analysts say Sanford C. Bernstein Ltd has predicted that the removal of travel barriers to enter Macau won’t happen until 2022.
09/13/21 Melco to continue exploring IR opportunities in Japan Lawrence Ho Yau Lung, chairman and chief executive of casino operator Melco Resorts and Entertainment Ltd, has said the company will seek other opportunities to develop an integrated resort in Japan.
09/10/21 Sands China to list US$1.95bn in senior notes Sands China has announced it will issue new unsecured notes in three tranches to redeem in full the outstanding principal amount of its US$1.80bn 4.6 per cent senior notes due 2023.
09/10/21 Yokohama IR plans to be cancelled from October 1 Takeharu Yamanaka, Yokohama’s newly mayor, has announced that the city’s IR plans will be cancelled from October 1.
09/10/21 Macau gaming sector gross surplus plummeted to US$2.8bn in 2020 Macau's Statistics and Census Service has revealed the city's gaming sector gross surplus dropped to its lowest tally since 2005 last year.
09/09/21 HK easing of restrictions unlikely to impact on Macau JP Morgan has said the lifting of Covid-19 restrictions to resume the flow of people between Hong Kong, Guangdong and Macau is unlikely to benefit Macau’s tourism sector.
09/09/21 Macau to revise 2021 GGR forecast Lei Wai Nong, Macau’s secretary for economy and finance, has said the government will adjust its 2021 casino gross gaming revenue forecast after a decline in revenue in August.
09/09/21 Suncity chairman sells stake in Sun International Alvin Chau, CEO of Suncity Group Holdings, has announced he has sold his stake in financial services firm Sun International for US$9m.
09/09/21 Macau gaming tax revenue reaches US$2.7bn as of July Macau’s government collected MOP22.2bn (US$2.7bn) in tax revenue from the gaming industry in the first seven months of the year.
09/09/21 Sands China posts US$125m net loss for August Sands China has reported a net loss of US$125m for August, while monthly GGR plummeted 82 per cent compared to pre-pandemic levels.
09/08/21 Macau: 2021 GGR will be down 65% from pre-covid levels Fitch Ratings Inc predicts that Macau’s gross gaming revenue (GGR) will be down 65 per cent from 2019 levels, closing close to MOP102.4bn this year.
09/08/21 Macau restructures Gaming Inspection and Coordination Bureau Authorities in Macau have announced the appointment of 14 new staff to increase the number of management personnel for the Gaming Inspection and Coordination Bureau (DICJ).
