04/02/21 Century delays Cambodian mass gaming table business until April Century Entertainment has postponed the launch of mass table gaming at a new casino in Cambodia until April due to a rise in Covid-19 cases.
04/02/21 Mohegan’s Inspire resort deadline extended Mohegan Gaming & Entertainment has applied for a six-month delay to the agreed June 2022 opening date for its Incheon IR project.
04/02/21 Landing International reports US$272m net loss for 2020 Casino investor Landing International reported a year-on-year decline in revenue of 3.4 per cent but a lower net loss than in 2019.
04/02/21 The 5 biggest casinos in Asia Our rundown of the 5 biggest casinos in Asia, all of which can be found in the gambling hub of Macau.
03/31/21 Success Universe reports US$18m net loss for 2020 Casino operator Success Universe, which operates Macau’s Ponte 16 casino, has reported revenue of HKD363.8m for full-year 2020.
03/31/21 South Korea: New Silkroad reports US$11.8m loss for 2020 New Silkroad, which operates a resort on Jeju Island, has reported a loss of HK$92m (US$11.8m) for 2020.
03/31/21 Paradise Co appoints Choi Sung-wook as new CEO Choi Sung-wook has been appointed as CEO to replace Park Byung-ryong, who steps down after four years.
03/30/21 Macau Legend revenue down 70% in 2020 Macau Legend Development has reported a loss of US$252m in 2020 due to a decrease in the number of visitors to Macau and Laos.
03/30/21 Genting Singapore claims CEO’s pay fell in 2020 Genting Singapore has responded to claims that its CEO’s remuneration doubled in 2020 despite a huge fall in profits and employee redundancies due to the Covid-19 pandemic.
03/27/21 MGM China sells US$750m in notes to pay down debt The Macau gaming operator MGM has announced it will sell senior notes to repay a portion of the amount outstanding under a revolving credit facility.
03/27/21 South Korean casinos allowed to postpone sales taxes payment The government has announced it will postpone the deadline for South Korean casinos to pay their sales taxes.
03/27/21 Suntrust sells non-gaming assets to focus on Manila casino Suntrust has announced the sale of its non-gaming assets to a local partner to focus on the development of a 5-star hotel and casino project in Manila’s Entertainment City.
