07/07/22 Suncity resumes trading on the Hong Kong Stock Exchange The company has announced that trading in its shares resumed today (July 7). Suncity’s Summit Ascent has also resumed trading.
07/06/22 Macau H1 GGR performance at lowest since 2006 Kwok Chi Chung, president of the Macau Association of Gaming and Entertainment Promoters, fears the second half of the year could be even worse if China keeps its zero-Covid policy.
07/06/22 Genting Malaysia to benefit from borders reopening in H2 Analysts at Hong Leong Investment Bank have said the casino operator will be one of the “prime beneficiaries” of the reopening of the country’s borders.
07/04/22 Grand Korea Leisure casino sales up 34.3% in June Grand Korea Leisure (GKL) has reported KRW24.45bn (US$18.8m) in casino sales for June.
07/01/22 Universal plans to merge with 26 Capital by September 30 Universal Entertainment Group has extended the deadline to merge with 26 Capital Acquisition Corp.
06/30/22 PAGCOR CEO sums up six-year tenure PAGCOR chairman and CEO Andrea Domingo takes stock of her six-year stint at the helm of the regulator and casino operator.
06/29/22 Macau casino stocks rise after China eases Covid-19 countermeasures The quarantine period in China has been reduced to seven days plus three days of self-monitoring.
06/28/22 RGB International expects to return to profitability this year RGB International has revealed that it expects to generate about US$25m in revenue by selling 1,000 slot machines to its Asia-Pacific customers this year.
06/28/22 PAGCOR posts update on uncollected receivables from POGOs PAGCOR has reported that about 35 per cent of the outstanding PHP2.33bn has been resolved.
06/27/22 SJM Holdings to pay second bonus instalment SJM Holdings has announced it will pay the second instalment of its annual living subsidy for employees.
06/24/22 SJM Holdings refinances syndicated loan facilities SJM Resorts has entered into a facility agreement with a banking syndicate for syndicated loan facilities of up to HK$19bn (US$2.4bn).
06/23/22 PAGCOR has uncollected receivables from POGOs amounting to US$42.7m The Commission on Audit has revealed that PAGCOR has outstanding receivables of nearly PHP2.33bn from Philippine offshore gaming operators.
06/22/22 NSW raises the Point of Consumption Tax payable by betting operators Tabcorp hailed the announcement as a positive step toward industry reform.
