Macau Publishes Draft Rules For New Casino Bidding Process

ystem. Share prices of six gaming conglomerates -- Sands China, Galaxy Entertainment, SJM Holdings, Melco International, MGM China and Wynn Macau -- dropped by between six and nearly nine percent in Monday morn

HONG KONG, July 5 (Reuters) - Macau reported 89 new coronavirus cases on Tuesday, taking the total to more than 900 infections since mid-June, as authorities in the world's biggest gambling hub race to contain its largest outbreak since the pandemic began.

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HONG KONG, July 5 (Reuters) - Macau's executive council on Tuesday published draft rules for a retendering of casino licences ahead of the year-end expiration of such rights granted to gaming companies in the world's biggest gambling hub.

year. Authorities announced a week of lockdowns starting Monday after recording more than 1,500 infections in the past three weeks despite multiple rounds of compulsory mass testing of the city's 650,0

unes Macau casino shares plunged on Monday as the Chinese city embarked on a week-long lockdown to curb its worst coronavirus outbreak while neighbouring Hong Kong said it was mulling a mainland-style health co

Foot traffic in June climbed 8% from a month earlier and was around 74% of its pre-pandemic level, it said in a statement, also saying that the casino planned to open more shops and add entertainment attractions.

The 44-hectare (108-acre) Okada Manila started operations late in 2016. With 993 suites and villas, 500 table games and 3,000 electronic gaming machines, it is the biggest of four multi-billion dollar casino-resorts operating in the capital of the Philippines, which has one of Asia's most freewheeling gaming industries.

In the lawsuit, which The Star wants either dismissed or stayed, Kim Huyen Tran Nguyen has accused the casino of banning her and withdrawing her membership for no reason and making misleading statements to the police.

Filipino associates of Japanese tycoon Kazuo Okada seized the $3.3 billion casino, which is held by Tiger Resort, Leisure & Entertainment, ousting its previous management with the help of private security guards and local police.

"With the economy and borders opening up, Okada Manila is expected to sustain the momentum," current management said in the statement as it held its first news conference since it took physical control of the casino on May 31.

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