Home Indochina
Indochina
Cambodia union calls on operators to pay wages
A Cambodian trade union has called on casino operators in the country to pay up the last month’s wages and to maintain 50 percent of salaries during the closure of casinos, local media reports.
NagaCorp posts 15 percent GGR boost in 2020Q1 despite coronavirus
NagaCorp has reported to the Hong Kong Stock Exchange “relatively stable” financial results in the first quarter of 2020 “despite such challenging times,” including...
Donaco warns casino closures will have “material impact”
Australia-listed Donaco International has warned that the closure of its casinos in Vietnam and Cambodia will have a “material impact” on its business.
Vietnam prepares for lockdown, casinos to close
Vietnam’s Prime Minister has warned major cities to prepare for a lockdown as it seeks to control the spread of the coronavirus.
Sands China amends terms on $2b credit facility
Sands China says its lenders have agreed to amendments to a US$2 billion revolving credit facility to avoid being declared in default if some conditions are not met during the crisis.
Cambodia orders casinos to close
Cambodian Prime Minister Hun Sen has ordered the closure of all casinos in the country to halt the spread of the coronavirus and said the Finance Ministry will work with the operators on tax exemptions during the time they are closed.
Covid-19 turns out lights in most of Asia’s casinos
From India to Australia, casinos across the Asia Pacific region have closed their doors in response to efforts to combat the spread of the coronavirus, with little to no visibility at present as to the evolution of the situation.
Donaco describes impact of coronavirus on business
Australia-listed Donaco International on Tuesday released a statement describing the impact of the coronavirus crisis on business operations at its Star Vegas hotel, located...
TRENDING ARTICLES
Coronavirus live updates: Singapore IRs suspending operations until May 4
The latest news and updates on the COVID-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...
Macau closes borders after new infections
Macau closed its borders to all non-residents as of midnight on March 18, with the exception of blue-card holders and residents from greater China, after another case of imported Covid-19.
New Macau Covid-19 case may dent travel easing hopes: Bernstein
Macau has reported its first new Covid-19 case in a month, which may delay plans to begin easing travel restrictions to the territory, Bernstein Research says.
Australia casinos expected to join global closures this week: JPM
Australia’s casinos are expected to be forced to close their doors later this week, prompting analysts at JP Morgan to slash their earnings forecasts for the operators.
Tokyo goes under soft lockdown
Tokyo Governor Yuriko Koike announced on Wednesday night a series of measures that amounted to a soft lockdown of the Tokyo Metropolitan District.
The governor...
