05/27/21 Kangwon Land could see earnings improve in 2022, analysts say Tourism arrivals, a higher vaccination rate and the end of social restrictions soon could help Kangwon Land grow next year.
05/27/21 Morgan Stanley cuts forecast for Macau GGR Morgan Stanley now forecasts that Macau GGR will reach nearly 45 per cent of pre-pandemic levels this year.
05/27/21 Dynam: pachinko revenue down 31% The Japanese pachinko hall operator’s net profits dropped 82 per cent year-on-year for the year ending March 31.
05/27/21 South Korea: GKL casino venue to be demolished after sale The Millennium Hilton Seoul Hotel which hosted the GKL Seven Luck Casino will be replaced by an office building.
05/27/21 Yokohama: anti-IR campaigner launch new organisation Yokohama Harbor Resort Association chairman Yukio Fujiki has launched a new organisation called “Yokohama Future Concept Conference”.
05/26/21 Emperor Entertainment to pay special dividends to shareholders Emperor International Holdings has announced the payment of a special dividend after the acquisition of three properties.
05/26/21 China: 914 confess to cross-border gambling crimes in amnesty Since authorities declared a form of amnesty in February, 914 residents of mainland China have confessed to involvement in cross-border gambling crimes.
05/25/21 Yokohama IR tender likely to go to Genting or Melco According to analysts, one of the contenders is now looking for a minority stake, leaving Genting Singapore and Melco Resorts to compete for Yokohama’s IR bid.
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.
