07/17/20 HKJC revenue barely dented by pandemic An impressive 2019 – 2020 season ended with record single day turnover of HK$1.6 billion (£160 million) on the closing day at Happy Valley.
07/17/20 Wynn Macau burning over US$2 million a day In spite losing money over the last two months due to travel restrictions, the company says it has not reduced staff.
07/17/20 Macau begins testing casino staff for Covid-19 Testing will be carried out in phases with health authorities expecting to reach every frontline casino worker.
07/16/20 Hong Kong tightens social distancing rules Measures have been tightened after over 300 new Covid-19 cases were reported in recent days.
07/16/20 Melco cuts Macau daily operating costs to US$1.5m Casino operator Melco Resorts & Entertainment Limited says it has reached its goal to reduce operating costs for its Macau venues.
07/16/20 Tokyo raises Covid-19 alert to highest level Tokyo has raised its level of alert due a spike in cases but may not require businesses to go into lockdown.
07/15/20 Analysts bet on Macau’s fast recovery Analysts believe gross gaming revenue could recover to 25 per cent of pre-pandemic levels in the short term.
07/15/20 Japanese lawmaker accepted ¥1 million from Chinese operator Takaki Shirasuka was one of two lawmakers accused of accepting money from a Chinese casino operator interested in entering the running for Japan’s integrated resorts scheme.
07/15/20 Japan’s pachinko revenue falls 77.5% Gaming revenue from pachinko machines has been dropping for the last 11 consecutive months, not only during the pandemic.
07/15/20 Moody’s gives Melco’s new notes Ba2 rating Moody’s has assigned the lower rating as it predicts Melco’s parent company will continue to suffer from a drop in earnings.
07/15/20 Kangwon Land losing US$3.1m a day The total loss of sales over the five months in which the casino has been closed is estimated to run at over US$460 million.
07/14/20 HK Jockey Club reduces operations after Covid-19 spike The Hong Kong Jockey Club has closed seven off-course betting branches following the increase in Covid-19 cases in the city.
07/14/20 Suncity CEO denies group supported HK protestors Alvin Chau has made a video statement to say company did not support Hong Kong protestors and that the group’s financial situation is stable.
07/14/20 Casino shares jump on Macau travel quarantine exemption As of tomorrow people travelling from Macau to nine cities in China’s Guangdong province will no longer have to quarantine.
07/12/20 New LDP leader supports Osaka IR Ryo Harada, newly elected secretary general of the Liberal Democrat Party’s Osaka Prefectural Assembly has said he is in favour of an IR.
