09/21/20 Macau: Golden Week may reach only 30% of 2019 GGR According to gaming operators, expectations for Golden Week remain low compared to last year.
09/20/20 Could US-China tensions play against casinos? Experts analyse the risk of volatility and the “rising possibility” of Macau not renewing US operators’ licences in 2022.
09/17/20 US-owned casinos downgraded over Macau risk Roth Capital Markets has revised its rating for MGM, Wynn Resorts and Las Vegas Sands from “buy” to “neutral”.
09/15/20 Macau able to close casinos in event of emergency A new framework for the city of Macau allows authorities to order the shutdown of all casinos in the event of an emergency.
09/11/20 Suncity’s Hoiana will contribute to profits from 2022 According to research, the casino project in Vietnam will eventually generate EBITDA of US$470 million per year.
09/09/20 Yokohama seeks to maintain dialogue with IR operators The city still expects to move forward with its integrated resorts bid, and intends to maintain dialogue with investors.
09/09/20 South Korea casino sales dropped 3.1% in 2019 Figures show Kangwon Land’s revenue grew 5.8% while that of foreigner-only casinos fell 10.9%.
09/08/20 Macau: 2,000 attend SJM recruitment event According to casino company SJM Holdings, the recruitment event for its new Grand Lisboa Palace resort attracted 2,000 people.
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 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 GBGC: ‘Covid-19 changes to outlast pandemic’ Observers believe some changes in procedures and consumer habits are here to stay.
09/04/20 Macau reveals location for future casinos The city government has revealed its new urban masterplan dedicating 13% of the city to tourism and leisure.
09/02/20 Cambodia confirms casino prohibition at Angkor Wat A government official has warned that casino developments will not be allowed in the area near the temple complex.
09/02/20 Casino and hotel owners in India request rebates As the country enters “Unlock 4.0”, casinos and bars are still not allowed to open.
08/26/20 South Korea: concerns over casino layoffs on Jeju island The casino sector has been excluded from government support during the pandemic and the situation could impact on employment.
