Mohegan Gaming & Entertainment has announced that it has priced its previously announced private offering of US$1.175 billion in aggregate principal amount of 8 percent, second priority senior secured notes due 2026, at an offering price of 100 percent of the principal amount. The offering is expected to occur on or about January 26.
Analysts from J.P. Morgan Australia have identified strong metrics coming out of Aristocrat’s digital arm, which saw strong downloads in its social casino games in the first half of the 2021 financial year.
Melco Resorts & Entertainment said its Studio City Phase 2 has been named winner of the ‘Regional Award, Asia’ at the BREEAM Awards, which recognize significant achievements in sustainable development.
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.