Melco edges closer to profit in 2Q23 as mass tables lead Macau recovery

Melco Resorts subsidiary increases notes offering to US$850 million

Melco Resorts & Entertainment has yet to return to profit since the easing of Macau border restrictions on 8 January,...

Macau’s mass GGR reached 70% of pre-COVID levels in March, aided by further China reopening: analysts

Macau sets new post-pandemic high as July GGR hits MOP$16.66 billion

by Ben Blaschke

Tue 1 Aug 2023 at 12:50

Macau’s gaming industry climbed to a new post-pandemic high in July, with gross gaming revenues reaching MOP$16.66 billion (US$2.06 billion)....

New investor requests two seats on new-look Donaco board

Donaco recovery continues in 2Q23 as Vietnam casino nears return to full capacity

by Ben Blaschke

Mon 31 Jul 2023 at 17:11

ASX-listed Southeast Asian casino operator Donaco International said its operational turnaround strategy remained on track throughout the June 2023 quarter,...

Emerald Bay developer PH Resorts Group warns of going concern risk as 1Q22 losses widen

PH Resorts Group says negotiations with two potential investors into Cebu resort The Emerald Bay now in final stages

by Ben Blaschke

Fri 28 Jul 2023 at 10:24

Troubled Philippines gaming firm PH Resorts Group says it is in the final stages of negotiations with two potential investors...

Udenna subsidiary given US$42.5 million cash advance to complete first Philippines IR outside Manila

PH Resorts Group given permission to increase capital stock, issue new shares in bid to resurrect Cebu IR dream

by Ben Blaschke

Thu 27 Jul 2023 at 14:07

Shareholders of troubled Philippines gaming investor PH Resorts Group have approved a proposal to almost double the company’s authorized capital...