Wednesday, April 1, 2020
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Michael Penn

305 ARTICLES

Summit Ascent suspends operations at Tigre de Cristal

Summit Ascent announced to the Hong Kong Stock Exchange on Friday that it was suspending its gaming operations at Tigre de Cristal in Primorye...

Osaka accepts IR delay and gives up on pre-World Expo opening

Osaka has thrown in the towel on the prefectural government’s long-cherished cherished prospect of opening its Yumeshima IR before the 2025 World Expo. Osaka Mayor...

Genting HK projects “major setback” from Covid-19

Genting Hong Kong, as part of its full year 2019, financial report, projected that the sectors it focuses on would suffer a “major setback”...

Suncity delays HOIANA opening to 2021

Suncity Group released its full-year 2019 financial results, recording lower total revenues and expanded losses as compared to the previous year. The group recorded a...

Fitch downgrades MGM on reduced financial flexibility, coronavirus

Fitch Ratings has downgraded MGM Resorts International's and MGM China Holdings’ issuer default ratings as well as their unsecured debt due to “decreased financial...

Paradise Entertainment withdraws from Waldo, reports 2019 results

Hong Kong-listed Paradise Entertainment has reported its 2019 annual results, including notice that it has withdrawn from management of the Casino Waldo. As for its...

Suncity gains shareholder approval for Manila investment

Suncity Group reported to the Hong Kong Stock Exchange on Thursday that it had gained shareholder approval to invest in land in three parcels...

Korean operators calculating business suspension losses

With the decision to suspend business operations until April 6, some South Korean operators have begun to release estimates of the losses they are...

Yokohama City Council passes IR budget over fierce citizen protest

The Yokohama City Council passed on Tuesday a JPY400 million (US$3.6 million) research budget for its IR development initiative at Yamashita Pier, but in...

IR operators begin to close offices and withdraw from Hokkaido

IR operators that have been hoping that Hokkaido would revive its IR bid appear to be concluding that it is time to throw in...

TRENDING ARTICLES

Coronavirus live updates: New Zealand enters complete lockdown

The latest news and updates on the COVID-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...

Macau closes borders after new infections

Macau closed its borders to all non-residents as of midnight on March 18, with the exception of blue-card holders and residents from greater China, after another case of imported Covid-19.

New Macau Covid-19 case may dent travel easing hopes: Bernstein

Macau has reported its first new Covid-19 case in a month, which may delay plans to begin easing travel restrictions to the territory, Bernstein Research says.

Australia casinos expected to join global closures this week: JPM

Australia’s casinos are expected to be forced to close their doors later this week, prompting analysts at JP Morgan to slash their earnings forecasts for the operators.

MAGAZINE ISSUES

Landing seeks HK$137.1m for Jeju ops, says 2019 loss widens

Landing International Development posted a wider loss for 2019 and said it’s seeking to raise $137.1 million ($17.6 million) through a placing of shares to support general working capital for its operations on Jeju Island, South Korea.
Tiger Palace Resort, Nepal

Silver Heritage loss widens on Nepal impairment charges

Australia-listed Silver Heritage Group said its 2019 loss attributable to shareholders widened significantly due to impairment charges on its operations in Nepal.

Lotto NZ suspends retail sales

Lotto NZ said it’s suspending retail sales and will carry out all its operations online during the lockdown due to Covid-19.