TagJosé I. Duarte
The number of Covid cases in Macau has risen to 357 and the gaming regulator has urged casinos to restrict the movement of people and to increase their epidemic control measures.
Aristocrat Leisure is the top pick in Australian gaming for analysts at J.P. Morgan, who expect the company to post an almost 20 percent gain in revenue this year.
Star Entertainment was accused Monday of potentially having broken New South Wales’ Unlawful Gambing Act by allowing Suncity Holdings to operate a casino within a casino.
The New Zealand government said it has invested $76 million on a strategy to minimize harm from gambling.
SJM Holdings’ credit rating has been confirmed at its current level after the operator managed to refinance its loans, but the outlook was cut to negative by Moody’s.
Major industry changes and updates don’t happen behind a screen but in person. That’s why it’s great to be back and discuss key regional challenges and opportunities face to face at the Shangri-La at the Fort July 25-27.
Macau will kick off a third round of mass testing of its population on Monday as the number of confirmed Covid cases rises to 261.
U.S. investment group, Blackstone, has completed its A$8.9 billion ($6.1 billion) acquisition of Crown Resorts, saying it aims to rebuild the Australian operator into an “iconic destination for travel.”
Malaysia is still considering regulating online gambling and estimates that it’s losing about MYR2 billion ($454 million) a year in lost tax revenue.
Ainsworth Game Technology said its CEO Harald Neumann has been granted 2.8 million performance rights as a long-term incentive.
Daesik Han, Chairman and CEO of Hann Philippines, said he plans to spend a further $1 billion over the next five years, adding a larger casino and more hotels and golf courses at his properties.