09/03/21 Mantera Group to develop US$192m casino resort in Primorye The Primorsky Territory Development Corporation has revealed that Mantera Group has signed an agreement to build a casino resort in the gambling zone.
09/03/21 Galaxy Macau maintains US$5bn minimum budget for phase 3 and 4 Galaxy Entertainment says its total spend on phases 3 and 4 of the Galaxy Macau casino resort remains between HK$40bn and HK$50bn.
09/02/21 South Korea gaming tax revenue down 82.4% in 2020 South Korea’s government collected KRW81.8bn (US$70.5m) in tax revenue from the gaming industry in 2020.
09/02/21 Suntrust doubles capital stock to fund Manila casino Suntrust Home Developers has announced it has doubled its capital stock to 50bn shares to increase its capital to develop a casino resort in Manila.
09/02/21 Macau GGR forecast lowered Deutsche Bank forecasts Macau’s GGR for 2021 will reach US$12.1bn (MOP97bn), down 67 per cent from pre-pandemic levels.
09/02/21 GERI plans Boracay casino despite opposition Andrew Tan has announced that his company, GERI, will go ahead with a project to develop a casino resort on Boracay despite criticism from residents and business owners.
09/01/21 Macau Legend posts net loss of US$88.5m for H1 Macau Legend Development has reported a net loss of HK$688.6m (US$88.5m) for the first six months of the year, up 25.2 per cent from 2020.
09/01/21 Macau visitors to return to May levels by October Sanford C. Bernstein Ltd has predicted Macau could return to April and May visitor levels by October’s Golden Week.
09/01/21 LRWC seeks to re-partner with Galaxy for Boracay casino With a casino on Boracay looking possible again, LRWC wants to resume its partnership with Galaxy Entertainment Group Ltd.
09/01/21 Melco International posts US$1.08bn in revenue for H1 Melco International Development has reported net revenues of HK$8.43bn (US$1.08bn) for the first half of the year, up 10 per cent year-on-year.
09/01/21 Macau GGR down 47.7% in August Macau has reported gross gambling revenue of MOP$4.44bn (US$554.5m) for August, down 47.7 per cent month-on-month.
08/31/21 NagaCorp posts losses of US$77.2m for H1 NagaCorp has posted a loss of US$77.2m for the first half of the year, compared to a profit of US$20.6m in H1 2020.
08/31/21 Century expects opening of new Cambodian casino in October Century Entertainment expects an October opening for a new casino in Dara Sakor where it will operate four gaming tables.
08/31/21 PAGCOR and IEC confirm agreement to develop New Coast Hotel International Entertainment Corp has announced a cooperation agreement with PAGCOR for the development of its New Coast Hotel property in Manila.
08/31/21 Landing International reports net loss of US$80.1m for H1 Landing International has reported a HK$623.7m (US$80.1m) net loss for the first six months of the year, lower than the HK$792.2m (US$101.8m) loss recorded during the first half of 2020.
