Galaxy Entertainment posted adjusted EBITDA of HK$1 billion for Q4, an increase of 207 percent from its loss in the prior quarter. Revenue surged 229 percent quarter-on-quarter.
Resorts World Manila Chief Operating Officer Stephen Reilly has introduced the property's new Grand Wing, which has been under construction for five year in a near ten minute video. The production highlights the health and safety options, as well as the hotels, restaurants and swimming pool facilities.
Fitch Ratings predicts a slow return in international tourism flows across the Asia Pacific to begin in 2H21, but arrivals will remain well below pre-pandemic levels and projections will depend on virus containment and effective vaccine distribution.
THE Philippine Amusement and Gaming Corporation (PAGCOR) has donated P123.6 million to the state-run Veterans Memorial Medical Center (VMMC) to bankroll a building project.
Commentators in the Vietnamese media have been raising questions about why some casino stocks are seeing massive increases in their stock values while they continue to report financial losses each quarter.
A local group opposing the opening of the Jeju Dream Tower casino opened a new front in its attacks on Lotte Tour Development by accusing it of manipulating opinion polls that showed a favorable public response to the project.
Talks are getting underway between MV Werften and its owners Genting Hong Kong with the German federal and state government for the release of additional rescue funds to maintain work at the financially troubled shipyard group.