Macau investment payback period for casinos extend from a year to decades amidst restrictions, uncertainty
Investment payback periods for casinos in Macau have now extended from just a year to decades. Whereas a venue like Sands Macau -the enclave’s first Las Vegas-style casino-, opened in 2004, was able to recoup its $256 million construction cost in just under a year, the situation has drastically c[...]
better results likely in 4q21 for gaming, casinos
THE gaming companies and casino segment is setting the course for steep earnings recovery in the fourth quarter of 2021 (4Q21), h[...]
philippine gambling revenue continues to recover in q...
The Philippine Amusement and Gaming Corporation (PAGCOR) has reported revenue figures of PHP26.94bn (£400.5m/€469.5m/$537.6m) [...]
wakayama residents not as hot about an ir as previous...
Support for an integrated resort (IR) in the Japanese prefecture of Wakayama may not be as great as once assumed. Residents from [...]
msci index boots sjm, wynn macau from hong kong bench...
Macau casino operators SJM Holdings and Wynn Macau are leaving the MSCI Hong Kong Index at the end of November.
The index prov[...]
melco confident in city’s long-term development ami...
At a company event, Clarence Chung, board director of Melco Resorts and Entertainment, reiterated the company’s confidence in M[...]
macau casinos’ investment payback period balloons f...
Sands Macau stands out on the city’s skyline with its gold facade and reflective glass panels -- a reminder of the gilded age o[...]
e-sports can help boost tourism in singapore: tan see...
E-sports events have the ability to boost tourism as the Republic gradually recovers from the pandemic, says Second Minister for [...]
tech billionaire cannon-brookes takes stake in aussie...
Tech billionaire Mike Cannon-Brookes has taken a 25 percent stake in Australian rugby league side South Sydney, joining Hollywood[...]
gambling firms among those treating nottinghamshire m...
Nottinghamshire MPs have received almost £10,000 worth of free tickets to sporting events since the last general election, Notti[...]
indian govt aims to block ‘irresponsible’ crypto ...
Taking a hard stand on cryptocurrency ads promising wild returns, the Indian government is aiming to prohibit such ads that are g[...]