Macau industry debt now at US$24 billion on expected US$600 million Q3 EBITDA loss: Morgan Stanley

The industry wide debt of Macau’s six casino concessionaires is estimated to have reached US$24 billion as of 30 September...

Credit risks mounting for Macau gaming operators: Fitch

by Ben Blaschke

Fri 14 Oct 2022 at 04:22

The increasing likelihood that mainland China will maintain its zero-COVID policy into the future, couple with China’s slowing economy and...

Junket crackdown, slow COVID recovery creating credit risk for NagaCorp: Moody’s

by Ben Blaschke

Thu 13 Oct 2022 at 06:34

Moody’s Investors Service has warned that Hong Kong-listed NagaCorp, operator of Cambodian integrated resort NagaWorld, faces significant refinancing risks in...

Steve Wynn said to be in US Department of Justice crosshairs over lobbying for China

US court dismisses Department of Justice lawsuit against Steve Wynn

by Ben Blaschke

Thu 13 Oct 2022 at 05:21

A civil lawsuit filed by the US Department of Justice (DOJ) against disgraced casino mogul Steve Wynn pushing for him...

Chinese Embassy says Philippines not blacklisted as a tourism destination

by Ben Blaschke

Wed 12 Oct 2022 at 11:59

The Chinese Embassy in the Philippines has denied reports that mainland China has placed the Philippines on a blacklist of...

Ben Blaschke