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Las Vegas Sands put a positive spin on the future outlook as it reported another quarter of heavy losses triggered by the Covid-19 pandemic.
While it may be the executives of Crown Resorts that are squirming in their chairs under questioning these past weeks at the Sydney probity hearings, the revelations are also casting a harsh light upon the failures of the regulators in a neighboring state, the VCGLR.
What began with some bad news headlines, then developed into a special probity hearing in New South Wales, and has now become a full-scale governance crisis for Crown Resorts, with the newly announced Australian Transaction Reports and Analysis Centre (AUSTRAC) investigation posing a particular threat.
Democratic Representative in the Northern Marianas Legislature, Tina Sablan, believes that CNMI regulators dropped the ball on IPI.
The Hong Kong-Singapore travel bubble agreement is certainly a step forward in the process of the emergence from the Covid-19 pandemic, but few signs suggest that excessive optimism is warranted at this early stage.