06/28/21 Macau expects between up to 8 million visitors in 2021 Macau authorities believe an outbreak of Covid-19 cases in Guangdong province may have affected Macau’s recovery and visitor arrivals.
06/26/21 IPI: nobody to sign reports submitted to the CCC IPI is unable to send signed documents to the Commonwealth Casino Commission (CCC) as the current chief executive officer, Ray Yumul, has not yet been licensed by the CCC.
06/26/21 Macau Slot net profits down 37% in 2020 The instant lottery and sports betting concessionaire Macau Slot has reported MOP96m (US$12.1m) in net profits for 2020.
06/26/21 Kingston Financial expects 90% decrease in net profits Kingston Financial Group has announced it expects a 90 per cent decrease in revenue for the fiscal year.
06/26/21 Melco Resorts to raise dividends on behalf of Melco International Melco Resorts & Entertainment may raise its dividend payout to help its parent company, Melco International Development as it needs to fund its shares for the development of an entertainment complex in Zhongshan.
06/25/21 Authorities to check if Sydney venues are complying with Covid rules After a rise in Covid-19 cases in NSW, authorities will check hospitality venues in Sydney are complying with Covid-19 rules.
06/25/21 AAEC lacked experience in casino sector, court hears Carlos Lobo, a former advisor to Macau’s gaming commission has told Macau’s Court of First Instance that AAEC was an experienced company in the finance sector, but did not have experience in tourism or casinos.
06/25/21 Australia: Victoria eases Covid-19 restrictions Casinos will now be limited to 300 people per indoor space under new Covid-19 rules.
06/25/21 Sociedade de Jogos de Macau to officially become SJM Resorts The casino operator has announced it is changing its company name to better reflect its “prominent position in tourism and leisure.”
06/24/21 Emperor Entertainment posts annual net loss of US$22.9m Emperor Entertainment has shared its financial results for the year ending March 31, reporting a net loss of HKD177.6m (US$22.9m).
06/24/21 Jeju island government to inspect casino equipment The Jeju government has started an inspection of gaming equipment and systems at casino venues to guarantee fairness and transparency in the casino industry.
06/23/21 CCC to cut staff due to Imperial Pacific’s closure The Commonwealth Casino Commission (CCC) is in an economic crisis due to Imperial Pacific International’s non-payment of its licence, and itplans to lay off 22 workers.
06/23/21 Laos to ease Covid-19 restrictions but casinos will remain closed Laos authorities will extend some restrictions until July 4 although certain businesses will be allowed to reopen under strict measures.
06/22/21 Reef Casino expects to announce profits of AU$3m Reef Casino Trust has announced its distributable profit for the first six months of the year will be approximately AU$3m.
