05/18/21 Singapore-Hong Kong travel bubble delayed until June at earliest The long-awaited Singapore-Hong Kong travel bubble has been delayed again until further notice due to a rise in Covid-19 cases in Singapore.
05/17/21 Macau legislators ask for an evaluation of gaming licensees Macau legislators want an assessment of the current six gaming licensees’ performance and behaviour over the last twenty years.
05/17/21 MGM China lists US$750m in senior notes MGM China has announced it has listed US$750m in senior notes on the Stock Exchange of Hong Kong and the Chongwa (Macao) Financial Asset Exchange Co.
05/17/21 Japan: Galaxy Entertainment quits Yokohama IR bid Galaxy Entertainment has announced it will not participate in the request-for-proposal (RFP) process for Yokohama’s IR bid.
05/17/21 HK Jockey Club to invest in horseracing in China The HK Jockey Club has signed an agreement with the Guangzhou Municipal Government and will invest nearly HK$4bn to develop horseracing in China.
05/15/21 Japan: jockeys and trainers involved in betting on horse races A scandal has emerged in the prefecture of Gifu after it was found that jockeys and trainers had been betting on horse races since at least 2012.
05/15/21 Singapore-Hong Kong travel bubble delayed again The travel bubble between Hong Kong and Singapore is likely to be delayed again due to a rise in Covid-19 cases in Singapore.
05/15/21 Galaxy recovery fueled by premium-mass play, analysts say Galaxy Entertainment showed high levels of hotel occupancy and sales during the Labour Day break in Macau.
05/14/21 APE revenue down 15.3% in Q1 Asia Pioneer Entertainment Holdings (APE) has reported a net loss of HKD4.34m (US$558,989) for the first quarter of the year.
05/13/21 Galaxy Entertainment revenue up 5.6% in Q1 Galaxy Entertainment has experienced a slight recovery in gaming revenue thanks to the increase in visitor arrivals.
05/13/21 Macau: SJM raises US$160m from new senior notes SJM Holdings has announced it has raised nearly HK$1.24bn (US$160m) and MOP298m (US$12.3m) after the issuance of senior notes due 2026.
05/13/21 Japan: Suncity Group withdraws from Wakayama IR bid Wakayama’s IR bid is at risk after Suncity Group’s decision to pull out of the process.
05/13/21 Success Universe invests in Bitcoin The casino operator seeks to diversify the group’s investment portfolio with an acquisition of 23.4 units of Bitcoin.
05/13/21 Paradise Co posts losses of US$16.2m for Q1 Paradise Co has reported a loss of KRW18.2bn (US$16.2m) for the first quarter of the year.
05/13/21 Sands China occupancy reaches 90% over Labour Day break Sands China’s president, Wilfred Wong, has revealed that the occupancy rate and tourist spending was up during the Labour Day break.