SJM to raise HK$5 billion through term loan, rights issue in bid to satisfy Macau share capital requirement

SJM confirms casino table, machine limits for Grand Lisboa Palace opening day

SJM to raise HK$5 billion through term loan, rights issue in bid to satisfy Macau share capital requirement

Thu 4 Aug 2022 at 05:29

SJM Holdings has announced it will raise almost HK$5 billion (US$637 million) in equity via a HK$2 billion (US$255 million)...

MGM China falls to US$52 million EBITDAR loss in 2Q22 as China COVID outbreaks see revenues plummet

by Ben Blaschke

Thu 4 Aug 2022 at 04:59

MGM China saw has reported a US$52 million Adjusted Property EBITDAR loss in the three months to 30 June 2022,...

Star management said to have been furious at contents of 2018 audit report on junket, AML compliance

NSW casinos face fines up to AU$100 million under new regulator

by Ben Blaschke

Wed 3 Aug 2022 at 06:11

A new casino regulator to be established in New South Wales will have the power to fine operators up to...

Longest serving PAGCOR chief Alicia Reyes dies aged 88

GGR at Philippines licensed casinos jumps 40% sequentially in 2Q22

by Ben Blaschke

Tue 2 Aug 2022 at 17:48

Philippines casino industry GGR jumped 34.3% quarter-on-quarter to Php52.6 billion (US$949 million) in the three months to 30 June 2022,...

Crown Resorts found suitable to retain Melbourne casino license but China investigation ongoing

Daily cash and spending limits among new reforms tabled for Crown Melbourne

by Ben Blaschke

Tue 2 Aug 2022 at 05:46

The Victorian state government has introduced to parliament 12 more recommendations from the Royal Commission into Crown Melbourne, including mandatory...

Ben Blaschke