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

New investor requests two seats on new-look Donaco board

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...

SunTrust becomes listed tourism business as Suncity releases first renderings of Manila hotel and casino project

Summit Ascent reaches refinancing agreements with Suntrust to ensure completion of Manila hotel and casino

by Ben Blaschke

Thu 27 Jul 2023 at 06:53

Suntrust Resort Holdings Inc, the subsidiary of Hong Kong’s LET Group Holdings currently developing a US$1.1 billion hotel and casino...

Macau hotel room rates soar ahead of Chinese New Year holidays

Macau hotel occupancy rate more than doubles to 82% for first six months of 2023

by Ben Blaschke

Wed 26 Jul 2023 at 06:31

The occupancy rate of Macau’s hotels climbed to 82.0% in the first six months of 2023 combined, up 41.8 percentage...

Ben Blaschke