09/21/21 Summit Ascent extends maturity date of US$120m loan to SunTrust Summit Ascent Holdings has extended the maturity date of a US$120m loan to SunTrust Resort Holdings until July 18, 2022 mainly due to the Covid-19 pandemic.
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 India: casinos in Goa allowed to reopen Authorities have announced that casinos in Goa will be allowed to reopen this week for those who have been fully vaccinated.
09/20/21 New Zealand campaigners call for tougher gambling laws Anti-gambling campaigners have encouraged other councils to follow the city of Christchurch’s decision not to relax its current gambling and TAB regulation policies.
09/20/21 Boracay casino plans facing mounting criticism The Diocese of Kalibo and the Boracay Foundation Inc. (BFI) have criticised Philippines President Rodrigo Duterte’s suggestion of allowing gambling on Boracay.
09/20/21 Federal Group protests Tasmania licence changes Federal Group casino claims the government didn’t notify it about a change in rules to end the company’s exclusive licence agreement.
09/20/21 Suncity CEO doesn’t expect Macau gaming laws changes to drive out junkets Alvin Chau Cheok Wa, CEO of Suncity, has said he doesn’t believe changes to the current city’s gaming laws are intended to end junket operations in the city.
09/17/21 Kangwon Land recovery depends on higher vaccination rates Analysts predict Kangwon Land could post consolidated sales up 256 per cent year-on-year for the third quarter as long as vaccination rates increase in South Korea.
09/17/21 Reaction to Macau gaming laws changes exaggerated, analysts say Analysts say the fall in Macau casino operators’ stocks after the government suggested changes to the current city’s gaming laws was unwarranted.
09/17/21 Genting Malaysia close to reopening Amid a decline in Covid-19 cases and an easing of restrictions, analysts expect Genting Malaysia's Resorts World Genting to reopen soon.
09/17/21 Primorye casinos get three-month tax break Authorities have granted casinos in Primorye three months of zero taxes to ease the pressure of a low visitor rate.
09/15/21 Macau gaming stocks plummet after proposed new gaming laws Macau casino operators stocks have fallen heavily after the government suggested changes to the current city’s gaming laws amid a public consultation.
09/14/21 CCC calls for more funds to continue running The Commonwealth Casino Commission (CCC) claims it is running out of money and has asked the government to approve US$1m “to keep the commission afloat.”
09/14/21 Manila to ease Covid-19 restrictions from September 16 Metro Manila will test a five-level system of “granular” lockdowns in specific areas. Casinos in the Entertainment zone will remain closed for now.
