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).
09/08/21 Hong Kong to ease Covid-19 restrictions with Macau and Guangdong Hong Kong will launch a “Come2HK” campaign designed to resume the flow of people between Hong Kong, Guangdong and Macau.
09/08/21 MGM launches new luxury suites in Cotai MGM China has announced the launch of new south tower accommodation at its Cotai venue.
09/08/21 Sands China supports Guangdong-Macau plans for Hengqin Sands China has welcomed the Guangdong-Macau plan to develop an intensive cooperation zone on Hengqin.
09/07/21 Japan: Akimoto sentenced to four years in prison Tsukasa Akimoto has been sentenced to four years in prison after being found guilty of attempting to bribe two people connected to the Chinese gaming company 500.com.
09/07/21 Macau raises expectations for October Golden Week Authorities now believe the October Golden Week will see nearly 30,000 visitors a day as the city continues to ease Covid-19 restrictions.
09/06/21 Macau posts US$31.2m in GGR for first week of September Macau’s daily GGR was about MOP250m (US$31.2m) for the first week of September.
09/06/21 South Korea lottery sales reach record US$2.5bn in H1 The Korea Lottery Commission has reported that lottery sales for the first half of the year grew 12.6 per cent, setting a new record.
09/06/21 Wynn Macau expects casino licence renewal Wynn Macau has said it expects its concession will be renewed or extended beyond June 26, 2022.
09/03/21 Paradise Co revenue up 762.1% in August Paradise Co has shared its financial results for August, reporting that casino revenue rocketed 762.1 per cent month-on-month to KRW59.49bn (US$51.4m).
09/03/21 Galaxy Macau maintains US$5bn minimum budget for phase 3 and 4 Galaxy Entertainment says its total spend on phases 3 and 4 of the Galaxy Macau casino resort remains between HK$40bn and HK$50bn.
09/02/21 South Korea gaming tax revenue down 82.4% in 2020 South Korea’s government collected KRW81.8bn (US$70.5m) in tax revenue from the gaming industry in 2020.