Search Results for: China
Analysts warn China could use offshore casinos for attacks on Philippines
June 25, 2024
Analysts have raised alarms about offshore casinos in the Philippines, warning they could serve as Trojan horses for China in a co...
Operations in Macau rise; those in China and Southeast Asia less so: Moody’s
June 25, 2024
Over the next 12 to 18 months, Moody's predicts a recovery in casino industry earnings and cash flow, mostly in Macau, due to an i...
China Tourist Numbers Rebounding in Asia, Spending Lags
June 21, 2024
Fitch Ratings projects that by 2024, Chinese outbound travel to Asia-Pacific nations will have returned to 86% of pre-pandemic lev...
Malaysia, China Extend Tourist Visa-Free Travel
June 21, 2024
As a result of extending their visa-free travel policies, China and Malaysia have increased tourism prospects.
Currently, Malaysi...
MGM China Eyes Wellness Expansion in Macau
June 21, 2024
In addition to adding hundreds of new hotel rooms and emphasizing health services, MGM China is considering a major expansion of i...
MGM China Eyes Bond Offering to Repay Debt
June 19, 2024
Through an international bond offering for qualified investors, MGM China hopes to raise money. Most of the revenue will go toward...
MGM China Raises $500 Million to Replenish Reserves
June 19, 2024
MGM China, a division of MGM Resorts, plans to issue $500 million in senior notes to cover its current debt as well as other corpo...
China Urges Philippines to Ban “Social Ill” POGOs
June 18, 2024
Chinese embassy in Manila has requested that Philippine offshore gambling operators (POGOs) be outlawed, calling them a "social il...
Sands China Embraces Smart Tables, Denies Job Cuts
June 5, 2024
Sands Executive Vice Chairman Dr. Wilfred Wong claims that rather of cutting employees, China is utilizing smart gaming tables in ...
Trip.com Soars on Booming China Travel Demand
May 24, 2024
The Chinese travel behemoth Trip.com had a fantastic first quarter, fueled by an increase in demand for travel. Domestic reservati...