Search Results for: China
Sands China draws down US$200 million, says enough cash to continue through end-2022
April 5, 2022
Macau casino concessionaire Sands China Ltd says it has the financial capacity to support ongoing operations and development proj...
China Busts $1.6B Illegal Gambling Wring, Arrests 14 People
March 30, 2022
China has a monopoly on gambling in the sense there is no gambling allowed in bar lotteries and the occasional trip across the bo...
Macau Casino Stocks Plunge as China Covid-19 Spike Tightens Travel Rules
March 15, 2022
Macau Health authorities said Monday visitors from neighboring Guangdong province will have to serve seven days quarantine on ent...
Macau Casino Shares Fall on Tighter Quarantines for China Travelers
March 14, 2022
Hong Kong-listed casino shares fell broadly on Monday after Macau tightened quarantine requirements for some travelers amid a jum...
Shenzhen placed into week-long lockdown as mainland China’s COVID cases reach two-year high
March 14, 2022
Authorities have placed the city of Shenzhen into a week-long lockdown amid rising cases of COVID-19, said to be linked to the cu...
MGM China also confirms terminating agreements with junket promoters
March 1, 2022
MGM China has also suspended operations with its primary VIP gaming promoters since December, 2021, MGM Resorts indicated in the ...
Korea seen as biggest loser from China’s zero-Covid policy, Macau wins
February 28, 2022
Public policy makers and health officials in countries across East Asia are cautiously optimistic that their tourism economies wi...
S&P downgrades LVS, Sands China to junk on Macau woes
February 18, 2022
S&P Global Ratings has downgraded its credit ratings for casino operator Las Vegas Sands Corp ands its Macau unit, Sands Chin...
China Warns Bad Actors Regarding Cross-Border Gambling, Security Ministry to Strengthen Safeguards in 2022
February 18, 2022
China continues to proclaim that individuals and groups involved in the illegal facilitation of cross-border gambling will be tar...
China vows to accelerate fight against cross-border gambling
February 17, 2022
China’s Ministry of Public Security has vowed to continue the nation’s fight against cross-border gambling, issuing a strongl...