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Okada Manila Taking into account Japan Enlargement After SPAC Deal Closes

Fresh off announcing plans to merge with a special purpose acquisition company (SPAC), Okada Manila could be eyeing its next move: expanding in Japan, its parent company’s home country. Last…

Okada Manila Merging with Ader SPAC in $2.6B Unmarried On line casino Transaction

Okada Manila, the world’s only Japanese-owned integrated resort, is merging with Jason Ader’s special purpose acquisition company (SPAC) 26 Capital (NASDAQ:ADER) in a deal valuing the gaming venue at $2.6…

Macau Gaming Bureau Cancels But Any other Public Session, Owing to Storm

Macau’s effort to understand where the public stands on the region’s gaming industry certainly hasn’t gone according to plan. The six licensed commercial casino operators in the Chinese enclave are…

Blackstone Rumored to Be Suitor for Famous person Sydney Sale-Leaseback Deal

Private equity behemoth Blackstone (NYSE:BX) is rumored to be mulling a sale-leaseback transaction involving Star Entertainment Group’s the Star Sydney integrated resort. That rumor surfaced prior to today’s tumble in…

Las Vegas Sands May Be Megastar Inventory Over Subsequent 12 Months

Amid still lingering travel restrictions and the specter of increasing government oversight in Macau, Las Vegas Sands (NYSE:LVS) stock is scuffling. But some in the investment community believe the shares…

Macau Confirms 3 New COVID-19 Circumstances, Golden Week Spoiled

The COVID-19 situation in Macau continues to worsen. Late yesterday, Macau’s Novel Coronavirus Response and Coordination Center confirmed two additional positive test results. It took the day’s new case tally…

MGM Motels CEO Says Corporate Now not Overreacting to China Clampdown

MGM Resorts CEO Bill Hornbuckle believes there’s been a bit of an overreaction on Wall Street regarding China seeking to better control its gaming industry in Macau. The chief executive…

The 13 Macau Lodge Bancrupt, Liquidation of Doomed On line casino Lodge Initiated

The 13 Macau parent company says its business and subsidiaries are completely insolvent. South Shore Holdings announced late last week that its organization has ceased operations, and its companies and…

Macau Operators Stare Down Credit score Possibility Amid Govt Proposals

The six Macau concessionaires, including Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN), could contend with elevated credit risk as authorities there pursue an agenda that could lead to increased…

Vietnam Ditches ‘0-COVID-19,’ Able to Open Casinos to Kickstart Tourism

Vietnam has scrapped its “zero-COVID-19” policy as it prepares to ease lockdowns and reopen more segments of its economy, including its casino industry. The decision, announced by Prime Minister Pham…