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