Genting HK recapitalization restate US$ 2.6 billion debt to tackle Covid-19 impact
Genting Hong Kong’s recapitalization package includes amendments to just over USD 981 million of existing financial indebtedness.
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Out of favor now? The reason why online gambling stocks plunge
Investors are also starting to see that online gambling companies are far from profitable and likely won't make money for years.
Melco Resorts granted 7 month extension for Studio City’s phase two buildout
Macau casino resort Studio City has been given a seven month extension on the deadline by which it must complete development of its land concession.
SJM’s biggest bet to date Grand Lisboa Palace may joined the Cotai too late
Grand Lisboa Palace is just about to open two months later but analysts are skeptical about it could get any substantial shares on much crowded Cotai market.
Genius Sports agrees to acquire free-to-play game provider FanHub
Sports data technology firm Genius Sports has agreed to acquire free-to-play games and fan engagement solutions company FanHub Media Holdings.
Macau’s SJM aims to obtain 200 new tables for Grand Lisboa Palace
SJM stated in its Tuesday filing that it “anticipates” opening its resort scheme on Cotai “during the first half of 2021”.
Melco brings out voluntary exit and leave programs for staffs with Macau ID
Macau casino operator Melco Resorts has launched multiple voluntary programs for employees with Macau resident ID.
Japan may allow the public to bet on the Nippon Professional League soon
The secret discussions means that betting on the professional sports league could be deregulated as soon as 2024.
Several flights between Dubai and Manila cancelled due to travel restricitons in Philippines
Philippine Airlines operates five flights between the two places every week. But there are no flights on April 27 and on May 1, 3, 6, 8, 13, 15, 20 and 27.