01/26/21 CNMI court halts IPI’s operations IPI and its chairwoman, Cui Li Jie, have been found in contempt of court. An immediate stop-work order has been issued for a week.
01/26/21 Reef Casino ups profits estimate for H2 2020 The Australian casino’s operator said it turned a profit in the third and fourth quarters of 2020.
01/26/21 Vietnam: Hoiana casino resort opening pushed back The opening of Suncity Group’s casino complex in Vietnam has been put back due to the Covid-19 pandemic.
01/23/21 Kangwon Land puts employees on mandatory leave Almost 2,000 Kangwon Land workers are on unpaid leave and will receive reduced pay until at least the end of the month.
01/22/21 Construction stops again at Garapan casino Once again IPI was found to lack a safety inspector on-site at its Garapan casino and hotel development.
01/22/21 Summit Ascent to reach GGR of $1.23bn by 2024 According to Bank of America/Merrill Lynch, the Suncity-owned operator will increase GGR through its casinos in Manila and Russia.
01/21/21 Unified Osaka prefecture would continue IR plans An ordinance will be presented at the city’s council to unify the administration. It includes preparations for Osaka’s IR bid.
01/21/21 IPI approaches former senator for CEO role Former Norther Mariana Islands senator Ray N. Yumul say he in negotiations with the operator on the vacant CEO role.
01/21/21 Suncity establishes new entity for Manila resort The new Suncity WC Hotel will be in charge of tourism operations as well as running the hotel and casino at the Manila resort.
01/21/21 Police catch alleged accomplice in Jesu casino theft The police have found one of three suspects that allegedly stole over $13.2m in cash from a casino in Jeju, South Korea.
01/21/21 Fifth Macau casino to grant employee bonuses Galaxy Entertainment has become the latest casino operator in Macau casinos to grant a one-off bonus to employees.
01/20/21 Who is Yokohama’s anti-casino mayoral candidate? Masataka Ota plans to allure Yokohama voters on an anti-casino ticket as current major Fumiko Hayashi resists calls for a referendum on an IR.
01/20/21 Imperial Pacific’s general counsel steps down Michael W. Dotts has not entered a new contract with IPI for the current year. IPI’s former CEO is due to appear in federal court this week.
01/19/21 Grand Lisboa Palace to see EBITDA of US$451m by 2023 Fitch Ratings has made the forecast in a report on casino operator SJM Holdings.
01/19/21 Grand Korea Leisure extends Covid-19 closure As the government prolongs the current level of alert to the end of the month, the company’s Seoul and Busan casinos will remain closed.
