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.
Donaco International said it has secured an approval from its lender Mega Bank on the settlement of all legal cases related to the Thai vendors of its Star Vegas property in Cambodia. It says it is on track to repay all outstanding debt in 2021.
A report from the Bank of Korea has highlighted the dire economic situation faced by Jeju’s eight casinos, including an estimate that their combined sales for 2020 will come in at less than a third of the figure recorded in 2019.
Imperial Pacific International is facing yet another lawsuit for its nonpayment of various contractors, workers, and others. This time, Xerox company is suing IPI for about US$183,000 for its failure to pay for services rendered and equipment rented.
Hope springs eternal in the minds of Tomakomai IR advocates. The answer delivered from the lips of Hokkaido Governor Naomichi Suzuki keeps coming back “no,” but what seems to be delivered to their ears is “maybe soon.”