Caesars Entertainment posted a loss for Q4 of US$555 million compared with a US$13 million loss in the prior year, but said it has seen a pick up in demand in the New Year, especially at its regional properties.
Empire Resorts must secure financing at attractive rates soon if it is to turn profitable and avoid the need for a further capital injection from Genting, Nomura said in a research note.
Wynn Macau is hosting a new edition of the "Wynn Guest Chef Series." China's leading chefs from across the country will descend upon Macau to take part in a series of fourteen events for three consecutive months.
In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
