06/28/21 Yokohama IR bid in doubt as mayoral candidates reject casinos Hachiro Okonogi, the candidate for the ruling Liberal Democratic Party has confirmed he will bring a halt to Yokohama’s IR bid if he’s elected.
06/28/21 Macau expects between up to 8 million visitors in 2021 Macau authorities believe an outbreak of Covid-19 cases in Guangdong province may have affected Macau’s recovery and visitor arrivals.
06/26/21 Macau Slot net profits down 37% in 2020 The instant lottery and sports betting concessionaire Macau Slot has reported MOP96m (US$12.1m) in net profits for 2020.
06/26/21 Kingston Financial expects 90% decrease in net profits Kingston Financial Group has announced it expects a 90 per cent decrease in revenue for the fiscal year.
06/26/21 Melco Resorts to raise dividends on behalf of Melco International Melco Resorts & Entertainment may raise its dividend payout to help its parent company, Melco International Development as it needs to fund its shares for the development of an entertainment complex in Zhongshan.
06/25/21 HK-Macau travel bubble plans seem to fall apart again Plans to launch a travel bubble between Hong Kong and Macau have been halted again after a case of the Delta variant of Covid-19 was detected in Hong Kong.
06/25/21 Nagasaki: anti-IR group collected protest signatures An anti-IR group has collected 10,416 signatures against the construction of an integrated resort in Nagasaki.
06/25/21 Wynn Macau expects rebound of tourism in summer Linda Chen, executive director of casino operator Wynn Macau Ltd, has said she is confident the number of tourist arrivals to Macau will rise during the summer season.
06/25/21 AAEC lacked experience in casino sector, court hears Carlos Lobo, a former advisor to Macau’s gaming commission has told Macau’s Court of First Instance that AAEC was an experienced company in the finance sector, but did not have experience in tourism or casinos.
06/25/21 Sociedade de Jogos de Macau to officially become SJM Resorts The casino operator has announced it is changing its company name to better reflect its “prominent position in tourism and leisure.”
06/25/21 Melco Resorts could benefit from non-gaming project in Zhongshan According to Sanford C. Bernstein Ltd, the Melco entertainment complex in Zhongshan could help the company retain its gaming concession in Macau’s 2022 retender.
06/24/21 Chinese authorities clamp down on cross-border crimes in northern Myanmar Police urged Chinese nationals in northern Myanmar to register their identities to crack down on cross-border crimes.
06/24/21 Emperor Entertainment posts annual net loss of US$22.9m Emperor Entertainment has shared its financial results for the year ending March 31, reporting a net loss of HKD177.6m (US$22.9m).
06/24/21 Jeju island government to inspect casino equipment The Jeju government has started an inspection of gaming equipment and systems at casino venues to guarantee fairness and transparency in the casino industry.
