Melco Resorts & Entertainment said the Liaison Office of the Chinese government in Macau has granted it a certificate commending its efforts to prevent Covid-19.
The certificate was granted at an award ceremony on July 15 at its Morpheus property and commends both the group’s activities in helping to fight the pandemic in Wuhan and its assistance to Macau’s local associations and the community.
“We are grateful for the leadership of Liaison Office of the Central People’s Government in the Macau SAR and the local Macau SAR Government for their continued, proactive and decisive responses in helping contain the spread of the coronavirus,” said Dr. Kent Wong, Chief Advisor, Melco Resorts & Entertainment.
“We strive to continue embracing Melco’s philosophy of giving back to the community not only through donations such as that to Wuhan and Hubei in late January this year, but also in helping the community in need through our ‘Simple Acts of Kindness’ volunteering activities.”
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Crown Resorts has introduced new requirements for gamblers who want to transfer funds to the casino giant, which is scrambling to improve compliance before an urgent review of its Victorian license by the state government.
Studio City Finance Limited has announced that it may soon conduct an international offering of senior notes. The interest rate and other terms of the new notes will be determined at the time of pricing of the notes offering.
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.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.