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The 13 Macau hotel casino

The 13 Macau Faces Insolvency After Creditor Demands $423M Payment

The 13 Macau, a $1.6 billion fiscal disaster, is inching closer towards bankruptcy after one of its leading creditors issued a demand to the...

Devin O'Connor June 5, 2021
Rob Goldstein

Las Vegas Sands CEO Goldstein Frustrated by Macau Lethargy, Still Wants US Exposure

Las Vegas Sands (NYSE:LVS) CEO Rob Goldstein is disappointed by the sluggish rebound in Macau, but adds the company remains bullish on the world's...

Todd Shriber June 4, 2021
Okada Manila

Universal Entertainment Hit with CCC+ Credit Rating as Fitch Worries About Okada Manila SPAC Deal

Japanese gaming company Universal Entertainment Corp.'s (UEC) credit rating has been lowered to “CCC+” from “B” by Fitch Ratings. The research firm expressed concerns...

Todd Shriber June 1, 2021