TAGMelco Resorts & Entertainment
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.
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 Cultural Foundation, the charitable arm of Bloomberry Resorts and Hotels, donated eight patrol cars to the Philippines National Police (PNP) on Tuesday.
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 says that it has finally reached an implementation agreement for its massive IR project in Osaka, Japan.
Sega Sammy has announced strict changes to its European business, choosing to cancel the title distribution of certain products in the region.
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.
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.
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.
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.
Earnings reported by Galaxy Entertainment Group could return to to 2019 levels with the help of the now fully opened Phase 3 Galaxy Cotai expansion, brokerage Jefferies indicated