Thursday, October 29, 2020
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Sikkim/Goa casinos to open from November 1

Delta Corp shares surged after it said its casino in Sikkim would reopen from Nov. 1, whilst casinos in Goa are also expected to reopen from the same date.

Casinos in Goa/Sikkim to reopen Nov. 1

Delta Corp shares surged after it said its casino in Sikkim would reopen from Nov. 1, whilst casinos in Goa are also expected to reopen from the same date.

Aquis says operating cash flow positive, business strong

Aquis Entertainment said its operating cash flow in the recent quarter was positive and although visitation is down, business is strong. It has now also recalled most of the staff laid off during the Covid-19-mandated closures.

BoA doubtful of LVS casino sale

Bank of America has expressed doubts about Las Vegas Sands' ability to offload its casino assets given a dearth of potential buyers due to the pandemic. The bank says there is a very small pool of buyers able to make a $6 billion acquisition and at the moment access to capital market finance is also less favourable.

Macau seen at low risk from Kashgar cases

Macau's Health Bureau’s (SSM) Control of Communicable Diseases and Surveillance of Diseases Department Coordinator Leong Iek Hou says that those who have recently entered after having been in Xinjiang’s prefecture of Kashgar within the past 14 days pose a low COVID-19 risk to Macau.

Local government revenues take pounding from Kangwon Land woes

The revenues of local governments in South Korea are being heavily impacted by the long-term suspension of operations at Kangwon Land, triggered by the Covid-19 pandemic, as well as a running dispute over the calculation of how much money the resort is obligated to pay to the abandoned mine fund.

Covid reignites Christmas island casino debate

Covid-19 has sparked a tourism boom for the Christmas as Cocos Islands as they form part of Western Australia's travel bubble and the increased visitation has reignited debate as to whether to resurrect the islands' only casino resort.

Belle Corp. 9-month profit plunges 96%

Belle Corp., which owns half of City of Dreams Manila, said its income in the January-to-September period plunged by 96 percent to P93 million from last year’s P2.56 billion, as the pandemic shuttered its facilities and halted tourist arrivals.

Australian gambling increased under Covid despite lack of venues

Australian's gambled more during the Covid-19 outbreak, despite a lack of access to venues, with the proportion who gambled four or more times a week increasing from 23 percent to 32 percent, according to the Australian Gambling Research Centre.

All Macau gaming workers could face additional Covid-19 tests

Macau’s 53,000 gaming sector workers could be asked to undergo another round of Covid-19 tests, local health authorities indicated.

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