10/07/21 IPI casino licence fee available for appropriation Governor Ralph DLG Torres has said that the remaining US$8m from IPI’s annual exclusive casino licence fee for its sixth year is now available for appropriation.
10/05/21 Genting outlook could be upgraded in six to nine months Fitch Ratings has reported that Genting’s outlook could be upgraded from negative to stable if the vaccination rate continues to rise in its key markets.
10/05/21 Grand Korea Leisure posts casino sales of US$7.96m in September Grand Korea Leisure (GKL) has reported KRW9.42bn (US$7.96m) in casino sales for August, up 7 per cent when compared to the previous month.
10/05/21 Paradise Co revenue down 84% in September Paradise Co has shared its financial results for September, revealing that casino revenue was down 84 per cent month-on-month to KRW9.55bn (US$8.04m).
10/04/21 NagaWorld GGR down 37% for first nine months NagaCorp has revealed its financial results for the first nine months, reporting that GGR from NagaWorld, Cambodia, dropped 37 per cent to $415,000.
10/01/21 Macau GGR up 32.4% in September Macau has reported gross gambling revenue of MOP$5.88bn (US$733m) for September, up 32.4 per cent month-on-month.
09/28/21 Bloomberry appoints Diosdado M. Peralta as independent director Bloomberry Resorts has announced the appointment of Diosdado M. Peralta as an independent director in the company since September 24.
09/28/21 Okura Holdings revenue down 23.1% for FY21 Okura Holdings has reported that revenue declined 23.1 per cent during fiscal year 2021, to JPY5.4bn.
09/27/21 IEC posts US$31.1m loss for FY21 International Entertainment Corporation (IEC) has reported a loss of HK$242.04m (US$31.1m) during the fiscal year that ended on June 30.
09/23/21 POGO tax signed into law by Philippine president POGOs will have to pay 5 per cent on gross gaming revenue under the new law.
09/21/21 Macau GGR down 8% in third week of September Macau’s GGR for the second week of September declined 8 per cent, with average daily revenue of MOP243m (US$30.3m).
09/20/21 Analysts lower Macau GGR predictions again Morgan Stanley now predicts that Macau’s gross gaming revenue (GGR) will only reach 33 per cent of pre-pandemic levels this year.
09/17/21 Wynn Macau gets US$1.5bn credit facility Wynn Macau has announced it has obtained a revolving loan facility of US$1.5bn to refinance existing debt and for general corporate purposes.
09/16/21 Paradise Co credit rating downgraded Paradise Co’s credit rating has been downgraded due to a slow recovery amid the Covid-19 pandemic.
