IEC reports favorable profit alert on Manila casino revival
International Entertainment Corp (IEC) has issued a profit alert for the fiscal year ending 30 June 2023, predicting a minimum profit of HK$15 million (US$1.9 million). Such a surplus would rectify the HK$256 million (US$32,7 million) loss disclosed by the company's shareholders in FY22.
Accordin[...]
26 capital to liquidate following rejection of okada ...
A special purpose acquisition company (SPAC) 26 Capital Acquisition Corp is promptly liquidating after failing to complete a merge[...]
delta corp faces huge tax claim
Indian tax authorities are claiming Rs16,800 crore ($202.47 million) from Indian casino operator Delta Corp. The nation's tax auth[...]
macau anticipates arrival of big players, tourists fr...
A recent survey of hotel reserving engines within Macau's casino resorts reveals limited availability for the upcoming autumn Gold[...]
hotels, resorts in macau experience booking surge due...
The majority of hotels, casinos, and resorts in Macau are already reserved for the upcoming Autumn Golden Week holiday.
GGRAsia[...]
mgm likely has $200m cyber insurance following data b...
Jordan Bender of JMP Securities says that MGM probably has a $200 million cyber insurance policy that covers business outages and [...]
let group subsidiary sells asset for $2.8 million
The LET Group Holdings Ltd company in Hong Kong is selling a 100% share in Target Company for RMB20 million ($2.8 million). AGB in[...]
hann philippines wins iag academy best workplace inte...
The owner of Hann Casino Resort, Hann Philippines Inc. (HPI), received the coveted IAG Academy IR Awards' Best Workplace Integrate[...]
vegas to open new luxury resort worth $3.7 billion
Florida-based developer Jeff Soffer is unveiling Fontainebleau Las Vegas on December 13, a $3.7 billion luxury resort featuring se[...]
fitch ratings says genting malaysia outlook ‘stable...
Fitch Ratings recently assessed the outlook of Genting Malaysia Berhad's (GENM), a Malaysian tourism and gaming conglomerate, as '[...]
macau casinos likely to reduce covid-19 debt loads by...
According to an analysis by Morgan Stanley, Macau's casino proprietors, who faced financial difficulties during the COVID-19 pande[...]