GGRAsia
WEBHotel at NUSTAR resort in Robinsons US$178mln for tourism. Philippine conglomerate Robinsons Land Corp said in a Thursday filing that one of its units would add an “ultra-luxury” NUSTAR-branded hotel to “complete” NUSTAR Resort and Casino, a Cebu tourism complex. Robinsons Land is controlled by privately-owned Gokongwei Group.
Macau - GGRAsia
WEBMacau September GGR hit US$2.2bln, lowest year-to-date. Oct 01, 2024 Newsdesk Latest News, Macau, Top of the deck . Macau’s September casino gross gaming revenue (GGR) declined 12.7 percent month-on-month, to MOP17.25 billion (US$2.15 billion), according to a Tuesday announcement from the local regulator, the...
Macau Legend narrows loss in 1H, breaches covenants
WEBSep 2, 2024 · Macau Legend narrows loss in 1H, breaches covenants. Gaming and hotel services firm Macau Legend Development Ltd reported revenue of HKD390.4 million (US$50.1 million) for the first half of 2024, up 16.5 percent from the prior-year period. The company posted a net loss of just above HKD109.9 million for the six months to June 30, compared with ...
Star Brisbane phased launch from Aug 29 this year: firm
WEBJul 1, 2024 · It added regarding the property’s facilities that “not all will open on Thursday 29 August 2024”. The list for the progressive opening included the “main casino floor and premium gaming rooms”, as well as the “The Star Grand” hotel. No clear date for the launch of gaming operations was provided in the release.
Pagcor told make 30 years of Sports Commission payments
WEBAug 26, 2024 · National casino regulator the Philippine Amusement and Gaming Corp (Pagcor) has been ordered by the country’s Supreme Court to make 30 years’ worth of payments to the Philippine Sports Commission. A ruling made public on Thursday on the court’s website stated Pagcor must “remit the full amount of …
SJM stable outlook backed by easing leverage: Moody’s
WEBSep 5, 2024 · SJM Holdings’ first-half adjusted EBITDA jumped by 275.9 percent year-on-year to just over HKD1.73 billion (US$221.9 million). The company saw its first-half loss narrowed to HKD162.4 million, from HKD1.26 billion a year earlier. Moody’s stated: “We expect the company’s adjusted EBITDA to improve further to around HKD3.8 billion in 2024 ...
GGRAsia – MGM Cotai expansion planning under way: report
WEBJun 19, 2024 · MGM Cotai expansion planning under way: report. Macau casino operator MGM China Holdings Ltd has already engaged consultants and designers regarding its plan to add hotel rooms and “wellness” services to its MGM Cotai casino resort (pictured), reported on Wednesday business news service Bloomberg. The …
Paetongtarn Shinawatra new Thai PM, working on cabinet
WEBAug 19, 2024 · Paetongtarn Shinawatra was endorsed on Sunday as Thailand’s new prime minister by King Maha Vajiralongkorn, via a formality, after being voted in on Friday by Thailand’s parliament. According to media reports, Ms Shinawatra (pictured) is now working on forming a cabinet, a task likely to be completed within weeks.
Macau Jul-Aug visit volume over 90pct 2019 period: govt
WEBSep 2, 2024 · Macau’s inbound-visitor volume for July and August equalled more than 90 percent of that the same period in 2019, according to a Sunday update from Macao Government Tourism Office (MGTO). The city had nearly 6.69 million visitor arrivals from July 1 to August 31 inclusive, 93.4 percent of the …
Summer passengers 82pct of Jul-Aug 2019: Macau airport
WEBSep 3, 2024 · Summer passengers 82pct of Jul-Aug 2019: Macau airport. Macau International Airport saw a throughput of 1.47 million passengers in July and August, said the hub’s operator in an update. Based on GGRAsia’s review of the airport’s data, it represented an 82.3-percent recovery relative to the same period in 2019.