Thursday, February 21, 2019
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500.com posts widened loss in 2018

China-lottery service provider 500.com on Thursday reported a widened net loss for the 2018 year period, totaling RMB453.9 million (US$66 million), compared to a...

Meg-Star announces 5 pct pay rise to non-management personnel

Macau junket operator Meg-Star Group has announced a 5 percent salary increase for its employees, effective March 1, 2019. The pay rise will be...

Winnie Wong appoints as RG chief at Sands China

Macau casino operator Sands China has appointed Winnie Wong to the position of chief responsible gaming officer and VP of special gaming projects, Macau...

Ng Man Sun further increases stake in Amax

Ng Man Sun, the chairman of Amax International Holdings has further increased his stake in his company to 29.9 percent through a bond conversion....

Melco 18Q4 results above estimates

Melco Resorts & Entertainment reported a 5 percent gain in Q4 revenue, attributing the increase to higher group-wide rolling chip and mass market table games revenue.

Police probe fatal stabbing at Sands China hotel

Police in Macau are probing the fatal stabbing of a 41-year-old man from mainland China in Sands China’s Conrad Hotel.

Amax disposes of stake in Greek Mythology

Hong Kong-listed Amax International Holdings has disposed of its 24.8 percent stake in the defunct Greek Mythology casino. The announcement came after the company suspended...

Chinese police arrest eight in online gambling ring

Chinese police have detained eight people for organizing cross-border gambling, which involves over RMB130 million (US$19.2 million), local media reports. The police were tipped...

Jury is still out whether Beijing’s clampdown on forex will affect Macau

It is currently unclear whether Beijing’s latest efforts to criminalize illegal forex trading activities will have any effect on gaming in Macau, but analysts...

Sports integrity, lack of understanding, pose risks for esports wagering

The stellar projections for esports revenue have whet the appetite of online wagering operators, though the absence of regulation, questions over sports integrity and lack of expertise mean widespread adoption in the gambling industry may be far away.

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Macau Jan. GGR falls less than expected

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SKYCITY’s shares fall as market digests results

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Deloitte Japan fined for violating auditor independence rules

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