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SJM believes new gaming concessions to have 10-year term

Management at SJM Holdings told Goldman Sachs that they expect the duration of concessions terms to be around ten years.  SJM management made the comments...
Macau mass testing

Macau visitors fell 48.2% sequentially in August

The number of visitors entering Macau fell by almost half in August compared to the previous month, according to the government statistics bureau.  The total...

Esports betting wagers to hit $8 billion in 2021

Esports betting is on pace to reach up to $8 billion in wagers in 2021, equating to around $560 million in revenue, according to...

DraftKings acquisition of Entain would require MGM consent

MGM Resorts says it is aware of DraftKings recent $20 billion offer to acquire Entain Plc, noting that the parties would require MGM’s consent...

Guangzhou R&F properties said investors to provide HK8b loan

Guangzhou R&F Properties, which is developing a resort in South Korea, said two of its main shareholders have agreed to support the company with...
“Worst may be over” for Resorts World Genting: RHB

Genting Highlands to reopen as Malaysia hits 80% vaccination

Malaysia's Resorts World Genting and two other tourism destinations will be given the green light to reopen as the country expands its domestic travel...

Michael Jordan boosts stake in Sportradar, becomes adviser

Sportradar has announced that NBA legend Michael Jordan will serve as a special advisor to the board of directors and will also increase his...
Westside-City-Resorts, World

SunTrust gets more financial assistance for Manila casino development

Suncity Group Holdings has agreed to a nine-month extension to the maturity date of its loan to SunTrust Resort Holdings.

Boracay authority forms to ensure sustainable development

The Philippines House of Representatives has approved the creation of the Boracay Island Development Authority (BIDA), only weeks after talks of plans for a casino revival on the island. 
Gladys Berejiklian

New South Wales, Victoria headed for mid-late October reopening

Victoria and New South Wales may be able to reopen gaming venues in late October and early November as part of their “roadmaps to reopening."