05/25/21 Nagasaki advances with IR preparations Nagasaki’s prefectural government has launched a series of new initiatives to prepare for a possible IR development.
05/25/21 Macau GGR up 12% in third week of May Macau GGR was up 12 per cent in the third week of May when compared to the previous week but down 6 per cent when compared to April.
05/25/21 MGM China expects summer holiday period to boost revenue MGM China is confident the summer holiday period will boost revenue in Macau.
05/25/21 Genting Hong Kong cautious about performance in 2021 Genting Hong Kong has shared its audited financial results for the year 2020 and has said it expects Covid-19 will continue to have a material impact on the group’s business.
05/24/21 Macau visitor arrivals up 5.3% in April Macau registered 794,819 visitor arrivals in April, up 5.3 per cent from March and 7,000 per cent year-on-year.
05/22/21 Macau’s economy to rebound by 2024, analysts say According to Moody’s Investor Service, Macau’s economy could return to pre-pandemic levels by 2024.
05/22/21 Macau: Melco awards staff that receive Covid-19 vaccine Melco Resorts is offering staff US$125 to encourage them to get vaccinated against Covid-19.
05/22/21 South Shore expects to post US$122.4m full-year loss The owner of The 13 Hotel in Macau has issued a profit warning.
05/21/21 Japan: Wakayama remains optimistic about IR bid Wakayama prefecture is expected to make a decision on Clairvest’s IR proposal in the following weeks.
05/21/21 SJM executive director acquires L’Arc Macau casino Angela Leong, SJM executive director, has acquired all of the remaining shares in L’Arc Entertainment, the company behind the L’Arc Macau casino.
05/21/21 Macau: 49 scams in the gaming sector in Q1 Police have reported that the face value of fake gaming chips in the first quarter of the year was higher than the entire face value of chips detected in 2020.
05/20/21 Japan: Genting Singapore could win Yokohama IR bid, analysts say After the withdrawal of Galaxy Entertainment, only four companies remain interested in developing an IR in Yokohama.
05/19/21 Macau GGR drops 53% in second week of May Casinos saw a logical decline in revenue following a spike during the Labour Day break.
05/18/21 Macau Legend unsure of quick return to positive EBITDA Melinda Chan Mei Yi, Macau Legend’s executive director, has said it remains difficult to forecast a return to positive EBITDA amid uncertainty around the Covid-19 pandemic.
