06/16/21 NagaCorp completes issue of US$200m in senior notes NagaCorp has announced that its additional US$200m issue of 7.95 per cent senior notes has completed.
06/14/21 Universal Entertainment to issue additional senior notes Universal Entertainment will issue additional senior notes due 2024 to improve cash flow and redeem US$118m in outstanding notes.
06/10/21 NagaCorp revenue to reach 40% of pre-pandemic levels in 2021 Moody’s Investor Service Inc has reported that a full recovery will not come until 2022 due to multiple closures in 2020 and 2021.
06/09/21 Singapore GGR to reach 48 per cent of pre-pandemic levels, analysts say Sanford C. Bernstein has predicted Singapore GGR will grow 12 per cent year-on-year, mainly through domestic demand.
06/09/21 NagaCorp lists US$200m in senior notes NagaCorp has announced it has listed US$200m 7.95 per cent senior notes which will not be convertible into shares.
06/04/21 Macau gaming tax revenue up 57% in April Macau’s government collected MOP3.2bn (US$401.6m) in tax revenue from the gaming industry in April.
06/04/21 Grand Korea Leisure posts sales of US$9.2m in May Grand Korea Leisure (GKL) has reported KRW10.18bn (US$9.2m) in sales for May.
06/03/21 Sands China and Galaxy lead Macau GGR in Q1 According to analysts at financial services firm Deutsche Bank, Sands China and Galaxy together accounted for 45.3 per cent of Macau GGR in the first quarter of the year.
06/03/21 Paradise Co revenue down 6.1% in May Paradise Co has shared its financial results for May, reporting that casino revenue fell 6.1 per cent to KRW13.88bn (US$12.5m).
06/03/21 Macau GGR could reach 45% of 2019 levels in June, analysts say Bernstein Research predicts Macau GGR may slow down due to a rise in Covid-19 cases in China, which could lead to a decline in visitor arrivals.
05/31/21 Analysts cut revenue forecast for Genting Malaysia Nomura has revised its forecast to US$1.26bn in revenue for 2021.
05/28/21 Nagacorp approves final dividend for shareholders Nagacorp has approved a motion to pay out a final dividend for the year ending December 31 2020.
05/27/21 Kangwon Land could see earnings improve in 2022, analysts say Tourism arrivals, a higher vaccination rate and the end of social restrictions soon could help Kangwon Land grow next year.
