11, Apr, 2017

Rexlot Holdings said it will raise about HK$600 million in net proceeds from a share subscription accord and convertible bond issue.

The proceeds from the transaction will be used to repay the company’s existing loans and for general working capital, the company, which is involved in the lottery industry in China, said in a release to the Hong Kong Stock Exchange.

11, Apr, 2017

Macau’s government raked in a total of MOP 14.1 billion (US$1.8 billion) in gaming taxes in the first two months of 2017, according to data from the Financial Services Bureau.

11, Apr, 2017

Gaming revenue in Macau for the first week of April was lower than expected and “relatively disappointing”, according to Bernstein in a note on Monday.

11, Apr, 2017

Sands Cotai Central will celebrate its 5th anniversary with special promotions and offers for visitors and hotel guests from April 10 – May 7, 2017.

09, Apr, 2017

Hong Kong’s gamblers spend more in the casino ships that leave the territory for international waters than they do in Macau’s casinos, a government survey found.

07, Apr, 2017

Sands China has launched a new program to help support local small and medium-sized suppliers, which will include invitational matching sessions for businesses to connect with Sands China user departments.

07, Apr, 2017

Macau’s VIP segment is headed for 7 percent growth in the full-year 2017, but will sway due to difficult comparisons through the year, said Bernstein in a note on Friday.

07, Apr, 2017

Macau’s debtor database is still awaiting approval of the Office for Personal Data Protection Database before it can start operations.

07, Apr, 2017

SJM Holdings has negotiated a HK$25 billion (US$3.2 billion) loan in order to finance the construction of its new Grand Lisboa Palace development.

07, Apr, 2017

Morgan Stanley analysts are estimating Macau property EBITDA to reach US$1.8 billion in 17Q1, representing a 20 percent year-on-year growth.

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