Macau's six operators are expected to post a collective EBITDA loss of $823 million for Q3, improving from a loss of $1 billion in Q2, according to a Bloomberg poll of analysts.
Crown Resorts says an agreement that allows its major shareholder to receive confidential information from the company has been terminated. Also, axed is an accord for Crown to request services from Consolidated Press Holdings at predetermined hourly rates.
The entry into force of the new regulation has finally opened up the Myanmar gaming landscape to wider foreign participation. Casinos will now be allowed to operate after obtaining approval from the Union Government.
Macau’s 53,000 gaming sector workers could be asked to undergo another round of Covid-19 tests, local health authorities indicated.
A poll conducted by the Nihon Keizai Shinbun and TV Osaka suggests that local opposition to the construction of the proposed IR at Yumeshima in Osaka may be increasing, with 52 percent opposed versus 37 percent in favor.
Pacific Rim Land Development has issued a motion asking the US District Court for the NMI to authorize it to auction Imperial Pacific International’s assets to satisfy the US$5.5 million balance due on a civil judgment.