Hong Kong

Genting Hong Kong has entered into a EUR160 million (US$169.4 million) facility agreement with KfW IPEX-Bank GmbH in order to finance part of the cost of construction and purchase of ships.

Hong Kong Jockey Club (HKJC) and Racing U.K. have announced a new partnership that will see HK horse racing become available to UK viewers.

“In an exciting new partnership with the Hong Kong Jockey Club (HKJC), Racing U.K. will show the world-famous action from the stunning backdrops of Sha Tin and Happy Valley, starting with Longines Hong Kong International Races week, which gets underway with the International Jockeys' Challenge tomorrow (7 December),” said Racecourse Media Group in a press release.

Former CEO of Amaya Inc., David Baazov has confirmed that two Hong Kong-based investors will be upping their support for his $4.1 billion bid to take the company private.

Luxury cruise operator Genting Hong Kong has entered into a master agreement to buy electronic equipment and devices from FreeStyle Gaming Ltd to use on its cruise ships.

Genting Malaysia said it has sold its 16.87 percent stake in its sister company Genting Hong Kong for about $415 million.

Hong Kong-listed Sun Century Group Ltd is seeking to raise ‘not less than approximately HK$901.4 million ($116.2 million) via a rights issue.

The Hong Kong Jockey Club’s experiment with commingling, which began just two seasons ago, grew at a 31.5 percent clip in the past financial year and is now seen as a key driver of future growth.

Racing, wagering and lottery operator Hong Kong Jockey Club reported solid turnover for the year ended June 30, 2016 - fueled by double digit growth in soccer betting and the Mark Six.

Casino cruise ship operator Genting Hong Kong said profits swung to a loss in the six months ended June 30, 2016, attributed to a rise in total operating expenses.

Hong Kong-listed Landing International Development Ltd says its first half loss widened in part due to increased employee expenses and operating expenses.

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