Saturday, May 8, 2021

Genting HK agrees financing package with creditors

Genting Hong Kong has reached a financing accord with creditors under which it will receive EUR300 million ($362.2 million) in new funding and the renegotiation of interest and maturities on existing debt.
Resorts World Sentosa

Genting Spore Q1 casino revenue ticks higher, other metrics deteriorate

Genting Singapore has reported a 2 percent increase in casino sales from the final quarter of last year, indicating the pent-up demand that had been driving performance has largely stalled.

Okura Holdings to close two underperforming pachinko halls

Hong Kong-listed Okura Holdings said it was closing down two of its pachinko parlours due to intense competition in the industry and the impact of Covid.
China reminmbi

China claims to be winning cross-border gambling battle

China has investigated 18,000 cases of cross-border gambling and apprehended more than 110,000 people since 2020 and says it's reversing the rising trend, according to the Ministry of Public Security.
Melco, Morpheus hotel

Macau hotel occupancy rate tops 80% in Golden Week

Macau's hotel occupancy during the May Golden Week holiday reached more than 80 percent, better than tourism authorities expected.

Crown Perth reopening from Saturday May 8

Crown Perth, which has had a choppy few weeks in terms of openings and forced Covid closures, said it's reopening from May 8th.
Betway-Box

Sydney studio bolsters offering via SG Digital

Specialist slots provider Lightning Box is to roll-out some of its most iconic games with Betway. The deal, provided via SG Digital, follows the success of an earlier integration of slots with Betway via Microgaming.
star sydney

Star Entertainment’s first five months showcases domestic resilience

Australian casino operator Star Entertainment said its gross gambling revenue was up 37 percent year-on-year in the five months from January to May, highlighting the resilience of Australia’s domestic market.
tabcorp

Apollo Management ups offer for Tabcorp wagering business

Australian wagering giant Tabcorp on Thursday said it has received a revised proposal from Apollo Management to acquire its wagering & media and gaming services businesses for A$4 billion. 
resorts world las vegas

Resorts World Las Vegas partners with crypto wallet provider

Resorts World Las Vegas on Thursday announced it has partnered with Gemini, a cryptocurrency exchange and custodian to explore future opportunities that would allow its patrons to use cryptocurrency around the resort.

TRENDING ARTICLES

Macau visitors up 207 percent in August

China’s cross border gambling fight steps up a notch

Any hopes that China’s anti-cross border gambling campaign may fade into the background have been dashed by Beijing’s latest pronouncements vowing a crackdown will be a key priority this year. 

Genting HK agrees financing package with creditors

Genting Hong Kong has reached a financing accord with creditors under which it will receive EUR300 million ($362.2 million) in new funding and the renegotiation of interest and maturities on existing debt.
Resorts World Sentosa

Genting Spore Q1 casino revenue ticks higher, other metrics deteriorate

Genting Singapore has reported a 2 percent increase in casino sales from the final quarter of last year, indicating the pent-up demand that had been driving performance has largely stalled.

Okura Holdings to close two underperforming pachinko halls

Hong Kong-listed Okura Holdings said it was closing down two of its pachinko parlours due to intense competition in the industry and the impact of Covid.