Genting Bhd’s net debt seen rising to over US$6 billion in next three years on capex projects

Malaysia’s Resorts World Genting shuts two of its three casinos

Malaysian gaming giant Genting Berhad is forecast to see its net debt increase to more than RMB25 billion (US$6 billion) ...

Taiwan court orders former Macau gambler to pay US$41 million to Melco Resorts in debt recovery case

by Pierce Chan

28/09/2024

Melco Resorts & Entertainment Limited has won a debt recovery case in a Taiwan court in which a former customer ...

Tak Chun boss Levo Chan to make mandatory cash offer for additional 29% stake in Macau Legend

Macau Legend struggling to meet looming loan repayment, in talks with banks after falling to US$14 million loss in 1H24

by Ben Blaschke

01/09/2024

Macau Legend Development Ltd has outlined material uncertainties relating to its ability to continue as a going concern ahead of ...

Imperial Pacific owes more than US$87.5 million to CNMI government

by Newsdesk

24/06/2024

Embattled Saipan casino operator Imperial Pacific International (CNMI) LLC owes the CNMI government more than US$87.5 million, lawyers have revealed. ...

Okada Manila celebrates fifth consecutive Forbes 5-Star rating

Fitch places Universal Entertainment on Rating Watch Negative as debt maturity looms

by Ben Blaschke

17/05/2024

Ratings agency Fitch has placed Japan’s Universal Entertainment Corp – a leading pachinko and pachislot supplier and parent company of ...

Tag: debt