Saturday, July 4, 2020

Six arrested for cheating using electronic devices

A group of three men and three women have been arrested for cheating in the Marina Bay Sands and Resorts World Sentosa casinos in...

Galaxy’s trademark appeal denied by court

Macau’s Court of Second Instance has denied an appeal by Galaxy Entertainment for an action against Wynn Resorts regarding the trademarking of its ‘SW’...

Gaming market has bottomed out: Lui Che-woo

Galaxy Entertainment chairman Lui Che-woo says Macau’s gaming market has bottomed out, after close to two years of continuous decline, reports SCMP. “The from...

UnionPay users asked to present ID

In the latest attempt to crackdown on money-laundering, Macau banks are requiring some merchants to upgrade Union Pay terminals to ones that contain ID...

GGR off to strong start in May, Bernstein says

Macau’s gross gaming revenue for the first week of May was off to a strong start, and is expected to be seasonally stronger than...

Donaco offers hand in development of Lao Cai airport

Australia-listed Donaco International Ltd has expressed interest in joining the development of the Lao Cai airport, in the northern mountainous province of Lao Cai,...

Goa to finalize rules that ban locals from casinos

The Goa government has declared it will notify the Gaming Commission Rules for casinos, which will place a ban on local Goans entering casinos,...

Retail and hotel weakness to linger: Morgan Stanley

Macau’s 16Q1 industry EBITDA was down 7 percent year on year, driven by weak retail and hotel performance, bad debt and mix change, say...

Iao Kun Group rolling chip turnover down 36 percent in April

Macau junket investor Iao Kun Group said rolling chip turnover plunged 36 percent year on year in April. The junket operator reported rolling chip turnover...

ClubsACT slams government over pokies offer

ClubsACT has slammed the government for offering Canberra’s casino access to 200 poker machines, local media reports. In a statement released by ACT Chief Minister...

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Marina Bay Sands under AML investigation

Marina Bay Sands is under investigation by the US Department of Justice over concerns that anti-money laundering regulations may have been breached on behalf...

Oshidori International Holdings gains new leader for Japan IR efforts

Hong Kong-listed Oshidori International Holdings, a company involved in bidding for a casino license in Japan, has announced the appointment of a new non-executive...

SkyCity keeps overweight rating after refinancing moves announced

SkyCity Entertainment has kept its overweight rating from New Zealand’s leading brokerage house after announcing plans to restructure its balance sheet including raising new...

HKJC appoints Philip Chen as chairman

The Hong Kong Jockey Club has appointed businessman Philip Chen as its 25th chairman, replacing Dr Anthony Chow, who has retired.