Search Results for: Suncity Group
85pct Macau ex junket staff polled still jobless: survey
April 29, 2022
Of 309 people formerly employed by three major Macau junket brands – Suncity Group, Tak Chun, and Guangdong Group – that resp...
Hoiana accumulates US$248mln loss to Jan
April 27, 2022
The Hoiana casino resort complex (pictured) in Hoi An, Vietnam, had an “accumulated loss” amounting to VND5.67 trillion (US$2...
Former junket clients still important to gaming revenues: Wynn Macau
April 25, 2022
Macau casino concessionaire Wynn Macau Ltd says the premium customers it once relied on junket promoters to source remain as impo...
Credit Suisse warns of Macau casino liability over HK$30 billion to HK$50 billion in frozen junket deposits
April 22, 2022
Global investment bank Credit Suisse has warned that Macau’s concessionaires could be liable for “sizeable agents claims” f...
Macau ops maybe liable for US$6.4bln in junket debt
April 22, 2022
Macau casino operators could collectively be responsible for as much as HKD50 billion (US$6.37 billion) of an estimated HKD100-bi...
Mass baccarat contributed 60% of all Macau GGR in 1Q22: DICJ
April 20, 2022
Mass market baccarat continued to dominate Macau’s gaming landscape in the three months to 31 March 2022, with its share of ind...
Several top Star executives to give evidence in inquiry this week
April 4, 2022
As the inquiry into The Star Sydney heads into its fourth week, it is expected that several top executives at Star Entertainment ...
Why Are Macau Casinos Still Struggling With Pandemic Recovery?
April 4, 2022
Macau has failed to meet recovery expectations, reporting its worst GGR in 18 months for March
Travel restrictions continue to...
Westside casino still scheduled for 2024 launch: Suntrust
March 29, 2022
The opening of a five-star hotel and casino complex at the Westside City Project (pictured in an artist’s rendering) in Manila,...
Summit Ascent Optimistic on Tigre de Cristal despite Russia’s Declining Economy
March 17, 2022
Summit Ascent understands that Russia is completely unstable right now. However, it is confident that its Tigre de Cristal resort...