The recent decision by the government of Macau to extend the casino license of MGM China Holdings Limited by a further two years will allow the operator to improve its ‘capacity to finance the business’ and prepare ‘for future capital [...]
Chinese property developer, New Silkroad Culturaltainment Limited, has declared the governor for its South Korean island state of Jeju has given you one of its subsidiaries formal consent to begin creating a new casino hotel. Partnership strategy: [...]
In Macau, Economy and Finance Secretary, Lionel Leong Vai Tac (pictured), has reportedly announced that the local government in ‘inclined’ towards launching a new tendering process for the city’s six existing casino concessions. Pair [...]
Indicative significance: According to a report by GGRAsia mentioning official data from the enclave’s Financial Services Bureau, the substantial sum accumulated for the 59-day period moreover accounted for a 85.7percent of the just more than $2.83 [...]
The boss for American casino operator, MGM Resorts International, has used a recent conference call with investors to detail that his firm is hoping to be given permission to build an integrated casino resort in the Japanese city of Osaka. Building [...]
The authorities for Macau has reportedly announced that the amount of tax it collected directly from gaming operations in January had increased by almost 16% year-on-year to achieve in excess of $1.26 billion. Ahead of schedule: According to a report from [...]
After announcing on January 10, that qualified non-management employees would be awarded a “one-month optional incentive ” prior to the Chinese New Year, Melco Resorts and Entertainment Limited, (NASDAQ: MLCO) [...]
In the Philippines, a steady stream of foreign high-rollers reportedly helped to push aggregated gross gaming revenues for 2018 up by around 13% year-on-year to hit an all-time high of approximately $3.79 billion. Record-setting performance: According to [...]
