TAGMelco Resorts & Entertainment



National Day Golden Week daily visitor entries exceeds expectation

The Macau SAR has reported an average of 131,000 daily visitor entries in the first five days of the National Day Mid-Autumn festival Golden Week, a number above previous government estimates.

Macau Legend to exit Cambodia and Cape Verde project

After selling the Laos casino Savan Legend this June, Macau-based gaming operator Macau Legend Development Ltd announced it is actively developing non-gaming businesses in order to reduce dependence on gaming.

Bloomberry charity arm donates 8 patrol cars to PNP

Bloomberry Cultural Foundation, the charitable arm of Bloomberry Resorts and Hotels, donated eight patrol cars to the Philippines National Police (PNP) on Tuesday.

Sands to introduce AR elements in the redevelopment plan for the old fireworks factory

Macau casino operator Sands China is set to help revitalize various old districts in the city. These include the Iec Long Fireworks Factory, Pátio da Eterna Felicidade, Rua Das Estalagens, and their surrounding areas.

MGM Resorts reaches agreement for IR project in Osaka

MGM Resorts says that it has finally reached an implementation agreement for its massive IR project in Osaka, Japan.

Sega Sammy restructuring European business in move to cut costs

Sega Sammy has announced strict changes to its European business, choosing to cancel the title distribution of certain products in the region.

SkyCity promotes Donna Cooper to a director position

Australia and New Zealand gaming operator SkyCity Entertainment Group has announced the appointment of a new non-executive director to the company’s board. The group, in a Thursday announcement, noted that Donna Cooper had been approved as a non-executive director of the SkyCity board, effective the same day.

26 Capital SPAC dissolution blocked by courts

A US judge has temporarily blocked the dissolution of Special Purpose Acquisition Company (SPAC) 26 Capital after a lawsuit to recover some $1.9 million in legal fees linked to the defunct plan for a merger with Okada Manila operator Universal Entertainment.

FEC separately listing Czech Republic casino subsidiary

Hong Kong-listed real estate giant and gaming operator Far East Consortium (FEC) is planning to spin-ff one of its subsidiaries on the bourse, with a public and international offering of shares.

NagaCorp’s EBITDA unlikely to return to pre-Covid values

The demise of the VIP junket sector likely means Cambodia casino operator NagaCorp's EBITDA will unlikely return to pre-covid 'anytime soon', as the company had a 'historical over-reliance on VIP GGR, according to the latest investment memo from Citigroup.