08/19/20 HK Jockey Club closes betting branches indefinitely Off-course betting shops will remain closed due to the spike in Covid-19 cases in the city.
08/18/20 Landing International expects only “slight” net loss The company has reported it expects no big losses for H1 despite the pandemic crisis.
08/18/20 Russian casino Shambhala to create 500 jobs The opening of the new casino in the Primorye area is expected to create 500 new jobs.
08/18/20 Slow recovery in visitation after IVS return If the IVS resumption continues, analysts expect Macau’s six major casino operators to break even by mid-Autumn.
08/17/20 Landing appoints HK legislator as non-exec director A Hong Kong legislator has been appointed as an independent non-executive director of casino investor Landing International.
08/16/20 Sands China reports US$716m loss for H1 Profit for the first half fell 167% due to the pandemic.
08/16/20 APE revenue plummets in H1 The company says it will now focus its equipment business on Macau.
08/16/20 Operating revenues fall 79% at Wynn Macau The group has suspended major project capital expenditures for the remainder of the fiscal year.
08/14/20 Macau: little border movement despite new visas Macau’s authorities have reported a small increase of visitors coming from mainland China after the resumption of visas for Zhuhai.
08/14/20 South Korea: Jeju Dream Tower passes impact check Jeju Dream Tower has passed the Casino Impact Study Assessment required for any project that wants to expand.
08/14/20 Japan: Pixel Companyz joins Partouche for IR project The Japan listed company and the French casino operator have reached an agreement to develop an integrated resort in Japan.
08/14/20 Chinese tourists will prefer Macau over Hong Kong A survey from Morgan Stanley found that with travel visas being reinstated, inbound tourists are more likely to choose Macau.
08/14/20 Galaxy revenues plummet in first half of 2020 All of the group’s casinos showed losses in the first six months the year, including Galaxy Macau, which reported net revenues of US$490 million.
08/14/20 Fitch sees negative outlook for MGM and Sands Lower visitations in Macau, Singapore and Las Vegas Casinos are injuring the financial position of the gaming giants.
08/14/20 Macau safety measures will remain until vaccine available The Macau health bureau says adjustments will only be considered after a vaccine against the novel coronavirus is available.
