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    Inside Asian Gaming News

    Macau’s Average Daily Flight Capacity Reaches 70% of Pre-Pandemic Levels

    Macau’s Daily Flight Capacity and Destination Numbers Show Positive Recovery. Macau’s daily flight capacity has now returned to 70% of its 2019 levels, with 43 destinations being served, according to the Macau Civil Aviation Authority (AACM). The number of destinations represents 60% of pre-pandemic
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    Galaxy Entertainment Group Resumes Dividend Payments on Vastly Improved 2021 Financial Results

    Galaxy Entertainment Group (GEG) has resumed the payment of dividends after reporting a 107% quarter-on-quarter increase in Adjusted EBITDA to HK$1 billion (US$128 million) in the three months to 31 December 2021 and reversing a FY20 EBITDA loss. The company’s 4Q21 Adjusted EBITDA result
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    WPT Names Vietnam, Cambodia and Taiwan as First Stops for New Global Poker Tour

    Vietnam, Cambodia and Taiwan have been named as the inaugural stops for a brand-new global poker brand to be launched by the World Poker Tour (WPT) in 2022. WPT Prime, which replaces WPTDeepStacks, “pairs the premier poker tournament experience of a WPT Main Tour
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    Employment of Foreign Workers in Macau’s Casinos Down 33% Since COVID

    The number of non-resident workers employed by Macau’s six casino concessionaires has plummeted by 32.6% since 2019 as a result of the COVID-19 pandemic. The information was provided by Deputy Director of Macau’s Labour Affairs Bureau (DSAL) Chon U Chan earlier this month, and
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    R&F Korea Submits New Request for Extension of Incheon IR Construction Deadline Until 2024

    The local arm of Hong Kong-listed Guangzhou R&F Properties Co Ltd has submitted another request to the Korean Ministry of Culture, Sports and Tourism to extend the construction deadline of its Midan City Resort Complex development by two years — until March 2024. According
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    Crown Resorts Agrees full US$6.5 Billion Sale to The Blackstone Group

    Australian casino giant Crown Resorts has agreed to the sale of all of its shares to US-based private equity giant The Blackstone Group for AU$8.9 billion (US$6.5 billion). Details of the deal were announced by Crown on Monday morning, with the company confirming it
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    Singapore to Establish New Gambling Regulator by mid-2022

    Singapore’s Ministry of Home Affairs (MHA) says it plans to officially establish the state’s new gambling regulator, the Gambling Regulatory Authority (GRA), by mid-2022 after two key bills were introduced for their first reading in parliament on Monday. The Gambling Regulatory Authority of Singapore
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    Nepal Orders Closure of Two Casinos for Failure to Pay Royalties

    According to reports by local news outlet myRepublica, the casinos at Yak & Yeti Hotel in Kathmandu and Dreamland Hotel in Nepalgunj have been ordered closed after ignoring repeated government requests to pay their dues. The Yak & Yeti Hotel, which has operated a
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    Studio City Prices US$350 Million Senior Notes Offering

    Studio City Company Limited, the subsidiary of Studio City International Holdings Limited that operates Macau integrated resort Studio City, has priced a previously announced international offering of senior secured notes. According to details released overnight, the offering consists of US$350 million aggregate principal amount
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    Mohegan Says Construction of Inspire Korea Back Underway

    US tribal casino operator Mohegan Gaming & Entertainment says it has recommenced construction of its South Korean integrated resort, Inspire Korea, after completing financing late last year. As previously reported by Inside Asian Gaming, Mohegan confirmed the completion of financing in November with the
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