Wednesday, May 8, 2024

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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.

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 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.

Change in MGM China board, as Pansy Ho and William Hornbuckle re-elected

MGM China has re-elected Chairperson Pansy Ho and Co-Chairperson William Honbuckle to its Board of Directors, both in the role of Executive Director, while announcing a change of non-executive directors.

Hengqin is more than ready to develop MICE with Macau

Hengqin is only 200 meters away from the world's biggest gaming hub Macau and was established in 2009 to help Macau diversify its economy by developing other industries. Now the area is stepping up its efforts for synergy with its neighbors, as luxury hotel brands move in and MICE facilities ramp up. 

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

Who could replace Dr. Ambrose So as CEO of SJM upon his retirement on June 15th?

The esteemed Dr. Ambrose So is set to retire from SJM in just a week’s time, after some 21 years with the legacy gaming operator. Internal politics have long plagued SJM and its parent company STDM, begging the question of who will step in to fill the void that the venerated Vice-Chairman and CEO leaves.

Asian gaming giants with strong showing on Forbes 2023 billionaires list

Forbes’ billionaire list featured 14 Asian-gaming-linked figures this year, most tied to Macau casinos developments. Topping out the gaming tycoons is Miriam Adelson, widow of Las Vegas Sands founder Sheldon Adelson, with an estimated fortune of $35.7 billion.

Macau and central Hong Kong ferry services to resume shortly, increase on CNY

Ferries between Macau and the center of Hong Kong are set to resume soon, as the ferry company awaits authorization to resume the service which has been shut down for nearly three years.