Macau

Shares of 13 Holdings Ltd fell to its lowest in 21 years after the company announced a stock sale on Friday aimed at funding the completion of its long-delayed hotel.

VIP has continued to show strength in October, with the month’s GGR estimated to record a year-on-year increase of 13-15 percent, wrote Bernstein in a note on Monday.

Visitors to Macau increased 2.4 percent year-on-year in September, reaching a total of 2.5 million arrivals, according to data from the Statistics and Census Service (DSEC).

Casino operator Sands China says it has earned multiple awards in Greater China this year for its innovative human resources initiatives.

Luxury hotel operator The 13 Holdings has announced it is planning to raise around HK$1.7 billion (US$217.8 million) through a rights issue and a placing of loan notes.

Luxury hotel and casino company The 13 Holdings has requested a trading halt on the Hong Kong Stock Exchange, effective Friday, October 20, 2017.

Bally Gaming Inc, a subsidiary of Scientific Games, has filed for trademark registrations in Macau for five brands, according to the Official Gazette.

Jurisdictions that offer wide and frequent access to gambling may see more cases of problem gambling than gaming meccas such as Macau and Las Vegas.

SJM Holdings CEO Ambrose So has opened a solo calligraphy exhibition in the Portuguese capital, Lisbon, aiming to promote understanding of Macau’s role in bridging the cultures of the east and west.

While table games have traditionally been appealing to gamblers in Macau, there is a lot of room for innovation with regards to slot machines, MGEMA chairman Jay Chun told AGB in an interview on Tuesday.

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