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Top of the deck

Int Ent half-year loss up, mulls financing for Manila IR

Int Ent half-year loss up, mulls financing for Manila IR

Feb 25, 2021 Newsdesk Latest News, Philippines, Top of the deck  

Hong Kong-listed International Entertainment Corp reported a loss attributable to shareholders of nearly HKD91.1 million (US$11.7 million) for the six months to December 31, according to a Wednesday...
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Kangwon licence extension to come with tax rejig: JP Morgan

Kangwon licence extension to come with tax rejig: JP Morgan

Feb 24, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  

Kangwon Land Inc could pay the equivalent of up to six percentage points extra relative to its pre-tax profit, under a proposal that would see the operator of South Korea’s only casino for locals...
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Galaxy Macau Phase 3 MICE to launch in stages says exec

Galaxy Macau Phase 3 MICE to launch in stages says exec

Feb 24, 2021 Newsdesk Latest News, Macau, Top of the deck  

Galaxy International Convention Center (GICC) – part of the coming Phase 3 of the Galaxy Macau casino resort on Cotai – is likely to be launched in stages starting from the second half of...
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Phase 2 Resorts World Sentosa only starts 2022: analyst

Phase 2 Resorts World Sentosa only starts 2022: analyst

Feb 24, 2021 Newsdesk Latest News, Singapore, Top of the deck  

Construction of a second phase at the Resorts World Sentosa casino complex (pictured) in Singapore will only start in “early 2022” due to “disruption across the supply chain and labour force”...
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Summit Ascent provides loan to Suntrust for Manila scheme

Summit Ascent provides loan to Suntrust for Manila scheme

Feb 24, 2021 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck  

Hong Kong-listed Summit Ascent Holdings Ltd is providing a loan of US$120 million to Philippine-based Suntrust Home Developers Inc, to support the latter’s development of a casino scheme in the...
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SJM posts US$390mln 2020 loss, Cotai scheme in 1H

SJM posts US$390mln 2020 loss, Cotai scheme in 1H

Feb 23, 2021 Newsdesk Latest News, Macau, Top of the deck  

Macau casino operator SJM Holdings Ltd has reported a net loss of nearly HKD3.03 billion (US$390.2 million) for full-year 2020, on revenue that fell by 77.8 percent in year-on-year terms. That...
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GEN Malaysia aims 2Q launch for US$800mln theme park

GEN Malaysia aims 2Q launch for US$800mln theme park

Feb 23, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  

Casino operator and resort promoter Genting Malaysia Bhd has confirmed it is targeting the second quarter this year for the launch of the long-awaited outdoor theme park at Resorts World Genting,...
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Pansy Ho sells off more stock in MGM Resorts for US$36mln

Pansy Ho sells off more stock in MGM Resorts for US$36mln

Feb 23, 2021 Newsdesk Latest News, Macau, Top of the deck, World  

Pansy Ho Chiu King (pictured in a file photo), a co-chairperson and executive director of Macau casino operator MGM China Holdings Ltd, has sold for US$35.6 million an aggregate of one million shares...
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Rail link to Hengqin to be built in 4 years: Macau govt

Rail link to Hengqin to be built in 4 years: Macau govt

Feb 23, 2021 Newsdesk Latest News, Macau, Top of the deck  

Macau’s Secretary for Transport and Public Works, Raimundo do Rosário, says he is “confident” that construction of a planned extension to the city’s Light Rapid Transit (LRT) rail...
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S. Korea 2020 casino bet turnover dips 58pct to US$535mln

S. Korea 2020 casino bet turnover dips 58pct to US$535mln

Feb 23, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  

Gambling turnover at South Korea’s foreigner-only casinos for full-year 2020 fell by 58.7 percent from the prior-year period, coinciding with the Covid-19 pandemic, according to data from the Korea...
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From the Press

Imperial Pacific doesn’t oppose
suspension of casino licence
Saipan Tribune Feb 26

Imperial Pacific’s CEO still
unlicensed, says commission

Marianas Variety Feb 26

Caesars exec repeats
doom for buffets

8 News Now Feb 25

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Pick of the Day


US$53.4 million

Adjusted EBITDA reported by Asian casino operator Melco Resorts and Entertainment for the fourth quarter of 2020



Most Popular

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  • Pansy Ho sells off more stock in MGM Resorts for US$36mlnPansy Ho sells off more stock in MGM Resorts for US$36mln February 23, 2021
  • Macau removes last mainland cities from its quarantine listMacau removes last mainland cities from its quarantine list February 23, 2021
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  • Macau VIP challenged by changes in China: Galaxy Ent bossMacau VIP challenged by changes in China: Galaxy Ent boss February 25, 2021
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