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Chinese luxury sales

What’s happening to Chinese luxury sales? [Infographic]

Whilst global luxury sales fell as much as 20 percent in 2020, China's luxury market bucked the trend, growing a whopping 50 percent in the same year to around CNY356 billion (US$55.2 billion), according to reports. 
resorts world Las vegas

Resorts World Las Vegas ramp up could take two years

Genting Berhad’s Resorts World Las Vegas could offer long-term growth prospects for the company, but will incur losses in the first two years before turning a modest profit in its third year, according to analysts from UOB Kay Hian Research. 

LVS Macau court case begins, with $12 billion at stake

A long-delayed court case between a Taiwanese business man and Las Vegas Sands kicked off in Macau on Wednesday, with the plaintiff seeking as much as $12 billion in damages from the operator.

Solid Gaming to distribute Playgon live dealer games in Asia

Content aggregator Solid Gaming has signed a deal to distribute Playgon’s proprietary Live Dealer games and E-table games to their customers on the Asian markets. Solid Gaming’s strategy is to provide a game for every one which is why they work with the best game providers to distribute unique and exclusive content to their partners. 
Uncertainty for Okada Manila is “significant,”

Universal liquidity and cash flow still a risk, despite note issue: Fitch

Universal Entertainment's proposal to tap $140 - $150 million from a note issue will not improve its credit rating due to ongoing uncertainty over its liquidity and cash flow generation, Fitch Ratings said.