09/18/20 Genting Malaysia can expect EBITDA turnaround in Q4 With the reopening of its major casinos the company can expect a recovery, according to analysts from Nomura.
09/17/20 Okada Manila deploys robots for partial reopening The casino is working at 30 per cent capacity and has invested in electrostatic sprayers, ultraviolet spotlights, and disinfection chambers.
09/17/20 Marina Bay Sands investigates money transfers Las Vegas Sands’ casino in Singapore has hired a law firm to investigate the process through which employees handle patron’s transfers.
09/16/20 BIR ordered to return income tax to POGO The Bureau will have to return over US$2.37 million to a gaming company located in City of Dreams Manila.
09/16/20 US sanctions Chinese resort firm in Cambodia The US Treasury Department fears land seized by the company will be put to use for military purposes.
09/15/20 Vietnam completes vital highway for new IR Work has finished on a highway that links Van Don Airport with the location where the new integrated resort will be located.
09/15/20 Philippines seeks to double tax income from POGOs The government will tax turnover instead of revenue, and expects to take about US$361 million a year.
09/14/20 Vietnam IR project to be completed in 2025 Sun Group is developing the new integrated resort in Quang Ninh province.
09/11/20 Malaysia: Genting downgraded to negative RAM Ratings has downgraded Genting Berhad and Genting Malaysia Berhad’s outlooks from stable to negative.
09/10/20 Okada Manila reopens at 30% capacity Casinos in Metro Manila are beginning to reopen after being ordered to close on March 15.
09/09/20 Manila’s Solaire Resort & Casino prepares to reopen The operator has drawn up a phased approach to comply with PAGCOR’s 30 per cent capacity limit.
09/08/20 Marina Bay Sands to join pilot MICE tourism programme Marina Bay Sands has announced its intention to join a MICE events programme run by the Singapore Tourism Board.
09/08/20 29 POGOs have resumed operations POGOS will now be concentrated in hubs, with two already in construction.
09/08/20 Casinos already being hit by China’s “blacklist” Although the destinations China will blacklist have not yet been revealed, casino stocks are already taking a hit.
09/06/20 Immigration officers face prosecution over POGO scandal Nineteen officers are suspected of having been involved in a scheme to bring in illegal workers for POGOs.
