04/22/21 Belle Corp net income drops 70% in 2020 Belle Corp, which has an interest in the casino resort City of Dreams Manila, has posted a net income of PHP891.7m for 2020.
04/21/21 Cambodia: Bavet casinos close as Covid-19 cases rise The Cambodian city of Bavet has imposed a lockdown for 14 days after the province recorded 304 cases of Covid-19.
04/21/21 NagaCorp reports revenue of US$$878.7m for 2020 NagaCorp delivered stable financial results for 2020 despite the temporary closure of its casino operations in Cambodia due to the Covid-19 pandemic.
04/20/21 Vietnamese IRs to accept tourists with Covid-19 vaccine certificates Two integrated resorts in Quang Nam will accept tourists with a negative Covid-19 test and a vaccine certificate.
04/20/21 Okada Manila GGR down 41% in Q1 Okada Manila has reported weak performance marked by the Covid-19 pandemic and resulting government countermeasures.
04/16/21 Bloomberry puts back opening date for Philippines IR Bloomberry Resorts has put back the opening date for its Philippines IR to 2023 after construction was halted due to Covid-19 measures.
04/15/21 Genting Malaysia issues US$1.0bn in notes to refinance borrowings Genting Malaysia has issued unsecured notes to refinance existing borrowings and raise cash for capital needs.
04/15/21 Vietnam: casinos on conditional list for foreign investment The Vietnam government has released a conditional list of restricted sectors for foreign investment, which includes casinos.
04/15/21 Philippines: government employees arrested for illegal gambling Police have busted a gambling den in Solana and arrested nine people. Among them were local government unit (LGU) employees and teachers.
04/14/21 Cambodian capital extends Covid-19 curfew until April 28 Cambodia’s capital city has extended its curfew until April 28 as Covid-19 cases continue to rise.
04/14/21 Metro Manila casinos to remain closed Metro Manila casinos Okada Manila, Solaire Resort and Casino and City of Dreams Manila will remain closed at least until April 30.
04/13/21 Manila eases Covid-19 restrictions but casinos remain closed Metro Manila will come under Modified Enhanced Community Quarantine (MECQ) measures until April 30. However, casinos and other gaming establishments will remain closed.
04/10/21 Genting Singapore EBITDA to remain below 2019 levels for two years Moody’s Investors Service estimates that Genting Singapore’s EBITDA will not reach 2019 levels this year or next.
04/08/21 Genting Malaysia should reach pre-pandemic level EBITDA by 2022 Genting Malaysia’s Resorts World Genting has recovered to 66 per cent of 2019 Q3 revenue.
04/08/21 Cambodia may extend Covid-19 restrictions by two weeks Cambodia’s capital city imposed a curfew until April 14 in a bid to curb rising cases of covid-19.
