Thursday, December 5, 2024

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Shun Tak’s gaming investment generates profit of $6.5M in 1H24

Hong Kong-listed Shun Tak’s gaming investment generated a profit of $6.5 million in the first six months of 2024.

Shun Tak Holdings 1H21 swings to positive

Shun Tak Holdings announced 1H21 unaudited interim results posting a profit of HK$470 million, up from a loss of HK$279 million YoY.

230-room Artyzen Habitat opens today in Hengqin

The Artyzen Hotel brand, under gaming mogul Pansy Ho’s Shun Tak Group, opens the new Habitat Hengqin Zhuhai on Thursday, March 28th.

Pansy Ho appointed vice-chairman of Phoenix Media

MGM China co-chairperson and Shun Tak executive chairwoman Pansy Ho has been appointed as the vice-chairman of Hong Kong-based Phoenix Media Investment Ltd. 

Super Typhoon Yagi severely restricts travel to Macau

Super typhoon Yagi has already severely limited non-land based travel to Macau, with ferry services between the gaming hub and Hong Kong suspended entirely as of 3pm (from Hong Kong) and 4pm (from Macau).

Daily Asia Gaming eBrief: Queen’s Wharf Brisbane opens, licenses still in flux

The much-awaited Queen's Wharf Brisbane has finally opened its doors. The company celebrated the landmark opening of the multi-billion dollar property while still on tenterhooks about what might happen regarding its suitability to maintain its casino licenses. Meanwhile, Genting Malaysia saw a strong second quarter, with revenue increases across all of its segments. Resorts World Genting continued to be a major driver, with rises in both gaming and non-gaming.

New multi-entry visa would boost Macau hotel rivalry: insiders

The Chinese government may launch a visa multi-entry visa between Macau and Hengqin for Chinese tour groups as soon as next month, a source familiar with the matter told AGB.

Macau casino tycoons features on Forbes’ richest people list

Macau gaming operator Galaxy Entertainment Group's chairman, Lui Che Woo, has emerged as one of the top 10 wealthiest tycoons on Forbes' 2024 list of Hong Kong's 50 Richest

Macau playing catch-up to Hengqin in post-COVID visitation: expert 

Even though the world's largest gaming hub Macau recovered strongly in the first half of the year, it still needs to catch up with neighboring Hengqin or Zhuhai, according to an industry insider.

Pansy Ho nominated as independent director of China Southern Airlines

China Southern Airlines, Asia’s largest carrier by passenger traffic, has announced that its Board meeting deliberated on the nomination of Pansy Ho as an independent non-executive director candidate for the air carrier headquartered in Guangzhou. 

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