08/05/20 Sheraton Grand Macao no longer used for quarantine The hotel had been designated as a quarantine hotel by Macau authorities but will now return to normal activity.
08/05/20 GKL financial results show slight recovery The company managed to increase casino sales last month, although numbers remain low compared to last year.
08/05/20 Melco to make US$500m notes offering Melco has announced an international offering of 5.750 per cent senior notes due 2028, with proceeds to be used for general corporate purposes.
08/04/20 Macau: strict controls for Hong Kong visitors Authorities have decided to impose strict measures on arrivals from Hong Kong, where Covid-19 cases continue to rise.
08/04/20 Partouche ends IR partnership with Oshidori The French casino company Partouche has announced the end of its agreement with Oshidori to bid for an IR development in Nagasaki.
08/04/20 Suncity to see payback for Hoiana in 5 years According to an executive director, the company expects to wait five years or more to get payback for its investment in the Hoiana resort.
08/04/20 Melco increases stake in Studio City The company developing the Cotai integrated resort will receive about US$500 million to invest in Phase 2 of construction.
08/04/20 Wynn exits Japan IR race due to delays The company has shut down its Yokohama office due to delays in the national scheme for the development of integrated resorts in Japan.
08/03/20 Genting HK expects steep loss for first half of 2020 Casino operator Genting Hong Kong has announced it expects a “significantly higher” loss for the first six months of the year.
08/03/20 Macau GGR recovers slightly in July Gross gaming revenue in Macau for July remained down 94.5 per cent year-on-year but climbed 87.7 per cent on June’s total.
08/02/20 Macau casinos could break even in September Analysts at Credit Suisse believe easing of restrictions and issuing of non-tourism visas from mainland China will improve VIP revenues.
08/02/20 Get Nice places US$3.2m token for Japan IR The company has confirmed its joint venture with Current Corp to place a bid for the development of an integrated resort in Nagasaki.
08/02/20 MGM China receives near zero visits in Q2 The company has posted negative financial results, but the new CEO and president says he remains excited about a Japan IR opportunity in Osaka.
08/02/20 LVS president: Macau will recover before Vegas Robert Goldstein expects the resumption of the IVS scheme for Chinese tourists late in the summer or fall.
07/31/20 Yokohama Mayor says IR policy delayed With central government not having revealed its basic policy for licences, the mayor says it will be difficult to finish the city’s guidelines by August.
