01/18/21 Moody’s fears Melco debt could reach US$7bn The ratings agency cites “sluggish cash flow” and planned capital spending on Studio City and a Cyprus resort.
01/18/21 Caesars’s South Korean casino at risk The authorities have given the US-based gaming company two months to come up with a solid investment plan or face losing its permit.
01/18/21 Macau’s GGR reaches US$2.75bn in last quarter Mass baccarat represented over half of GGR at Macau casinos for last three months of 2020, followed by VIP baccarat and slot machines.
01/15/21 Four accused of selling fake VIP chips in Macau Four residents allegedly sold about US$189,790 in fake chips to two local businessmen.
01/15/21 Yokohama Council rejects IR referendum Citizens’ groups opposed to an integrated resort in the port city had gathered 200,000 signatures to call for a referendum on the development.
01/15/21 Macau gaming service index up 17 points A mystery shopper survey found casino workers are more proactive and smiling more but also less tolerant with customers.
01/14/21 G2E Asia to convene in August at the Venetian Macao G2E Asia, the marketplace for the Asian gaming and entertainment industry, will return to the Venetian Macao from August 17-19, 2021.
01/14/21 Sands China remains solid after Adelson’s passing away Analysts believe major changes are unlikely following to the founder’s death since the transition had been well-anticipated and planned.
01/14/21 Police discover US$7.4m at South Korean casino An investigation is underway to determine if the money is linked to a US$13.2m employee theft at Landing Casino.
01/14/21 Melco GGR up 94% in final quarter of 2020 The company has revealed insights to its financial recovery while announcing a new international offer of senior notes.
01/13/21 Jeju Dream Tower hotel gets 5-star rating Confirmation of the five-star status for the South Korean hotel is expected to accelerate the transfer of casino operations from Lotte Hotel Jeju.
01/13/21 Canberra Casino adjusts Covid-19 measures Aquis Entertainment’s casino in Australia will restrict indoor capacity.
01/12/21 Nagasaki launches request for IR proposals The city is looking for a partner with a proven track record in international casino operations and a proposal that will benefit the whole Kyushu region.
01/12/21 Donaco completes settlement of Star Vegas dispute The Australia-listed operator has said the outcome from the arrangement will be seen in half-year financial results.
01/12/21 IPI finds itself leaderless once again Donald Browne has said he is no longer CEO at the Northern Mariana Islands casino operator.
