04/09/21 Melco gives share options to directors Melco International Development has announced that directors and “certain employees” have been granted a purchase option on shares.
04/08/21 Jeju casino receives transfer permission from governor Before Jeju Dream Tower casino can open there will be a period of inspection that could take at least a month.
04/07/21 Macau visitor numbers continue to rise but GGR falls Macau has reported gross gambling revenue of MOP$1.5bn (US$187m) for the first six days of April.
04/07/21 GKL casino revenue rises ten-fold following reopenings Grand Korea Leisure’s revenue increased from KRW507m (US$448,000) in February to KRW5.95bn (US$5.3m) in March.
04/07/21 South Korean casino employee numbers fall in 2020 Financial pressures brought about by the Covid-19 pandemic have led to the dismissal of many part-time workers.
04/07/21 MGM-Orix continues as only contender in Osaka’s IR tender Although Osaka extended its submission period until April 6, no fresh private-sector suitor has come forward.
04/07/21 Macau junket operators at risk from new laws and Covid-19 impact Macau’s junket operators have been deeply affected by travel restrictions and now China’s restrictions against cross-border gambling services. Analysts believe several could fold.
04/06/21 Tourism in South Korea down 90.4% in February Only 65,582 tourists visited South Korea in February due to ongoing Covid-19 countermeasures.
04/06/21 NagaWorld reports positive recovery in mass market for Q1 NagaWorld has reported that average daily mass table game buy-ins reached US$3.74m in the first quarter of the year.
04/06/21 Galaxy in prime position for post-pandemic recovery, analysts say Sanford C. Bernstein says Galaxy Entertainment looks set to boost its mass and premium mass-market share.
04/02/21 Melco posts losses of US$1.59bn for 2020 Melco International Development has reported that net revenues were down 70.2 per cent year-on-year to HK$13.42bn (US$1.73bn).
04/02/21 Genting Hong Kong reports US$1.72bn loss in 2020 Casino cruise ship operator Genting Hong Kong has reported a loss of US$1.72bn for the year ending December 31 2020 due to the impact of the Covid-19 pandemic.
04/02/21 Mohegan’s Inspire resort deadline extended Mohegan Gaming & Entertainment has applied for a six-month delay to the agreed June 2022 opening date for its Incheon IR project.
04/02/21 Landing International reports US$272m net loss for 2020 Casino investor Landing International reported a year-on-year decline in revenue of 3.4 per cent but a lower net loss than in 2019.
