03/09/21 Bloomberry returns to positive EBITDA The Philippines casino operator saw a notable improvement in operating revenue for the fourth quarter of 2020.
03/06/21 IEC chairman sells 19% stake in company No reason was given for the sale, which is worth HK$228.8m.
03/06/21 Travel ban imposed on Cambodia casino district, Sihanoukville Only ambulances and trucks transporting goods are allowed to go in and out of Cambodia’s gambling capital.
03/05/21 New US$2.24bn casino proposed in Vietnam A new casino project has been proposed for Vietnam’s coastal island of Hon Tre.
03/05/21 POGOs could be suspended over failure to file tax returns The suggestion was made by the Bureau of Internal Revenue (BIR).
03/03/21 Metro Manila under general community quarantine for March Metro Manila, along with nine other areas in The Philippines, will be under general community quarantine for the whole of March.
03/03/21 Genting Malaysia to cut salaries Genting Malaysia Bhd is planning to cut salaries to reduce costs as the impact of the Covid-19 pandemic continues.
03/03/21 Genting Singapore awards US$1.3m shares to employees Genting handed out performance-based shares as part of its performance share scheme.
03/03/21 Cambodia: NagaWorld closed as employees test positive for Covid-19 NagaCorp has said it is working with Cambodia’s Ministry of Health to ensure a safe reopening as soon as possible.
03/03/21 RGB International reports US$1.7m loss for Q4 The Malaysian casino services provider reported a 60 per cent decline in revenue year-on-year.
02/27/21 Genting Malaysia revenue down 57.3% in 2020 The company saw a decline in EBITDA because of restrictions to contain the Covid-19 pandemic.
02/26/21 Paradise Co reports US$98.4m loss for 2020 Annual sales fell by 54 per cent compared to the previous year as the operator suffered several periods of closure.
02/26/21 Cambodia to lead regional casino recovery, says report Cambodia is expected to play a major role in the recovery of land-based gaming in the Asia Pacific region, a consultancy says.
02/25/21 IEC reports US$11.7m loss for H2 2020 The company was impacted by a loss of revenue across its Philippines hotel and gaming segments.
