03/30/21 Macau sees highest visitor numbers since start of Covid-19 pandemic According to the Macao Government Tourism Office, total arrivals were 32,647 on Friday March 26, a year-on-year increase of 1,309 per cent.
03/30/21 SJM confirms Grand Lisboa Palace will open in first half of 2021 SJM Holdings’ co-chair and executive director has confirmed that Grand Lisboa Palace is close to launch.
03/27/21 MGM China sells US$750m in notes to pay down debt The Macau gaming operator MGM has announced it will sell senior notes to repay a portion of the amount outstanding under a revolving credit facility.
03/27/21 South Korean casinos allowed to postpone sales taxes payment The government has announced it will postpone the deadline for South Korean casinos to pay their sales taxes.
03/27/21 Yokohama sets aside US$3.3m for IR promotion in 2021 budget Yokohama city council has approved a budget of JPY360m (US$3.3m) earmarked for IR promotion.
03/27/21 Paradise Entertainment posts losses of US$25m for 2020 The Macau gaming company has posted revenue of HK$351.7m (US$45.3m) for FY2020, a 70.2 per cent decline from the prior-year period.
03/26/21 Genting chairman buys stake in yacht business Genting Group’s chairman has bought out Genting Hong Kong’s shares in Grand Banks Yachts to provide required liquidity to the company, which has been severely affected by the Covid-19 pandemic.
03/26/21 US recognises Macau’s tighter anti-money laundering controls The US Department of State has reported that Macau has started to “take anti-money laundering cases more seriously.”
03/26/21 Macau gaming workers urge cancellation of social distancing policies Macau gaming workers want social distancing requirements to be scrapped as the risk of Covid-19 infections falls in the city.
03/25/21 Jeju Dream Tower casino moves closer to approval The Standing Committee of Jeju Provincial Council has approved the request for approval of the Jeju Dream Tower casino despite criticism from a citizens’ group.
03/25/21 Sportradar signs multi-year partnership with China’s CBA League Sportradar and China’s CBA League will expand the broadcast and OTT footprint of China’s premier basketball competition globally.
03/25/21 Macau: visitors down 23% in February Macau received 427,122 visitors in February, the month of the Chinese New Year holiday, a drop of 23.3 per cent compared with January.
03/24/21 Suncity predicts $115m profit after tax Suncity Group has predicted a $115m profit after tax despite the impact of the Covid-19 pandemic and investment in various expansion projects.
03/24/21 Nagasaki IR contenders cannot launch bids elsewhere in Japan Nagasaki’s prefectural government has announced potential private partners that have qualified for the next phase to develop its proposed integrated resort may not participate in similar bidding processes elsewhere in Japan.
03/24/21 Jeju casino sales down 63.6% in 2020 The South Korean holiday island of Jeju has reported that casino sales fell to KRW69.30bn (US$61.5m) in 2020.
