Tak Chun boss Levo Chan to make mandatory cash offer for additional 29% stake in Macau Legend

The CEO of Macau gaming promoter Tak Chun Group, Levo Chan, is expected to make a mandatory unconditional cash offer...

International Entertainment Corp appoints new CEO amid board shake-up

Hong Kong’s International Entertainment Corp close to securing provisional PAGCOR license for Manila IR

Sun 20 Sep 2020 at 11:03

Hong Kong-listed gaming investor International Entertainment Corp (IEC) revealed Friday that its Philippines subsidiary, Marina Square Properties, Inc, has been...

Macau operators to lose over US$1 billion in EBITDA in Q2: Morgan Stanley

Macau recovery still “opaque” but positioned to outperform Singapore, Las Vegas in 2021: Fitch

by Ben Blaschke

Sun 20 Sep 2020 at 10:56

Ratings agency Fitch has warned that the recovery path for Macau’s gaming operators remains blurry, despite its short-term prospects appearing...

Elaine Wynn no longer interested in seat on Wynn Resorts board

Wynn Resorts says 3.6% of its Las Vegas employees have tested positive to COVID-19 since June

by Ben Blaschke

Fri 18 Sep 2020 at 06:20

Wynn Resorts has revealed that almost 550 staff at Wynn Las Vegas have tested positive to COVID-19 since it reopened...

Genting Malaysia withdraws Judicial Review over Resorts World Genting tax incentives

Genting Malaysia to see EBITDA turnaround from 4Q20 as domestic tourism aids Resorts World Genting: Nomura

by Ben Blaschke

Fri 18 Sep 2020 at 05:38

Genting Malaysia can expect to see an EBITDA turnaround starting from the fourth quarter of 2020, with all of its...

Ben Blaschke