06/03/20 Nagasaki to hold Sasebo City IR briefings Briefing sessions on the Sasebo City IR will take place in June with one-hour panels for potential operators.
06/03/20 Suncity Group increases stake in Summit Ascent The Hong Kong-based holding has invested around US$160 million in the owner of Russia’s Tigre de Cristal casino resort.
06/03/20 Lack of football costs Jockey Club HK$2 billion The loss of football betting during lockdown has cost the Hong Kong Jockey Club around HK$1 billion a month.
06/02/20 Wakayama delays operator decision until 2021 The Wakayama prefectural government will delay the decision on whether to grant the project to Suncity and Clairvest.
06/02/20 Sands China loses US$180 million to COVID-19 The Macau operator has issued a financial statement detailing the impact of the pandemic on its revenue in the first quarter of 2020.
06/01/20 Macau: GDP plunges in 1Q20 Macau’s gross domestic product decreased during the first quarter of the year, as part of the impact of the pandemic crisis.
06/01/20 Hong Kong to create a health code Hong Kong will create a health code system to ease border restrictions with Guandong and Macau.
06/01/20 Macau: GGR fall 93% in May Macau gross gaming revenue fell 93.2% year on year in May due to crisis in the gaming industry after pandemic.
05/29/20 J-League to resume on July 4 Japan’s premier football league, the J-League, will resume on July 4 after four months without action due to the Covid-19 pandemic.
05/29/20 Macau occupancy hits all time low in April According to data revealed by Macau’s Statistics and Census Service, rates hit just 12.9 per cent during the month.
05/29/20 MGM China confirms final dividend Shareholders have approved the payment of a final dividend of HKD0.083 per share (US$0.01).
05/28/20 Kangwon Land suspends gaming floor reopening A day after its grand reopening date, Kangwon Land has been forced to alter its plans due to a spike of new Covid-19 cases in South Korea.
05/28/20 MGM China secures US$301m revolving credit facility Funds will be used for working capital needs and general corporate purposes.
05/27/20 Kangwon Land to reopen tomorrow A maximum of 1,200 customers will be permitted to enter the casino on a daily basis, around 17% of its full capacity.
05/27/20 Osaka may need to downsize IR investment plans Ken Furuichi, the Managing Director of Kansai Association of Corporate Executives, says a reassessment may be required.