09/21/20 Suncity Group hosts first Macau festival since pandemic Suncity Group hosted Rooting for Macau – SIM! Music Festival 2020, the first festival since events were cancelled due to the pandemic.
09/21/20 Macau: Golden Week may reach only 30% of 2019 GGR According to gaming operators, expectations for Golden Week remain low compared to last year.
09/20/20 SJM appoints two former Sands execs Benjamin Toh and Daniel Shim join SJM as chief operating officer and chief corporate affairs officer.
09/20/20 Could US-China tensions play against casinos? Experts analyse the risk of volatility and the “rising possibility” of Macau not renewing US operators’ licences in 2022.
09/18/20 Kamori founder faces prison for IR bribery scandal Kimihito Kamori has been found guilty in the corruption case. Prosecuters have requested a 10-month prison term.
09/18/20 Macau: SJM donates body temperature equipment Casino operator SJM Holdings has announced the donation of temperature screening systems for educational institutions.
09/18/20 Yokohama rejects opposition to IR bid A petition was submitted urging authorities to back out of the bidding process and create a new business plan for the city without a casino.
09/17/20 Silver Heritage lays off 400 at Tiger Palace The Australian company has confirmed it has laid off 400 members of staff in Nepal.
09/17/20 Macau Legend founder now holds under 10% of company The founder and his wife were the largest shareholders in the company but sold a large part of their stake.
09/17/20 US-owned casinos downgraded over Macau risk Roth Capital Markets has revised its rating for MGM, Wynn Resorts and Las Vegas Sands from “buy” to “neutral”.
09/16/20 Macau second half revenues “unpredictable” Chief Executive Ho Iat Seng expects a small increase in revenues before Golden Week, but said revenue for H2 is impossible to predict.
09/16/20 Japan: Kansai hopes Suga will move forward with IR Kansai politicians and businessmen have shown support for Suga’s leadership while awaiting a national policy for IR developments.
09/16/20 India: Tamil Madu told to control online gambling The Madras High Court has told the state government of Tamil Madu to enforce measures to control online gambling.
09/16/20 Macau recovery still below expectations The pace of Macau’s recovery remains slower than that seen in such as Australia, South Korea or US territories.
09/16/20 Junket CEO acquires 20.65% of Macau Legend A firm listed in the British Virgin Islands under the name Perfect Achiever Group has made the acquisition for about US$173 million.
