SkyCity Entertainment Ltd.’s landmark international convention centre in downtown Auckland has been severely damaged and its future is uncertain after a massive fire ripped through the NZ$700 million centre and associated five-star hotel.
MGM China is expecting strong results during the Summer holidays and hopes that the recent Golden Week holiday may have marked a turning point for the industry, according to President and Chief Financial Officer Kenneth Xiaofeng.
The renewed outbreaks of Covid-19 have significantly clouded the recovery prospects for both Genting Singapore and its sister company Genting Malaysia, with analysts at Nomura cutting their estimates for both companies.
Hong Kong police have arrested 18 people in a bust on a triad-controlled bookmaking syndicate that took in more than HK$3.4 billion ($438 million) in illegal bets on horse racing and football in the first four months of this year.
Macau's gross gambling revenue in the second week of June was down 24 percent from the prior week and off 51 percent from May due to ongoing restrictions in neighbouring Guangdong on new Covid outbreaks, according to Bernstein Research.