Tuesday, June 18, 2019
Home Greater China

Greater China

Amax sees “obvious increase” in FY2019 loss

Amax International said it expected to report an “obvious increase” in its loss for the year to end-March 2019, although it stressed the shortfall is due to one-off impairments that don’t affect the cash flow of the business.

Macau workers push for mid-year bonus clarity

An association representing Macau’s gaming workers has written to the territory’s Chief Executive Fernando Chui Sai On to ask the six operators to release details on mid-year bonuses, according to media reports.

Macau’s VIPs spread their wings

Macau’s reputation as the go-to destination for casino VIPs is under threat as facilities improve in other regional destinations that offer lower tax rates and better junket margins.

Asia’s IRs power up green initiatives

As concern mounts about the global environment, many of Asia’s giant IRs are taking significant steps to minimise their impact, investing heavily in green technologies and other waste control initiatives.

Kazuo Okada US$1 billion appeal against Wynn Macau dismissed

A Macau appeals court has upheld a ruling that sees Wynn Macau acquitted of a MOP8.2 billion (US$1 billion) compensation claim made by Japanese...

Denise Chen

Denise Chen is the chief sustainability officer at Melco Resorts & Entertainment. The group is committed to being carbon neutral and having zero waste...

Emperor Entertainment to target premium mass customers

Emperor Entertainment Hotel Limited, the gaming arm of Emperor Group, said it will be looking to expand its share of the premium mass market...

Macau operators discuss typhoon contingency plans with DICJ

Macau’s six concessionaires met with the Gaming Inspection and Coordination Bureau earlier this week to coordinate measures ahead of the peak typhoon season, starting...

June GGR seen gaining 3-5 percent: Bernstein

Gross gaming revenue in June is expected to be lower than in the prior two months, but should still gain between 3 and 5 percent, according to analysts at Bernstein Research.

Melco buys A330 to add to fleet, MNA reports

Melco Reports & Entertainment has bought a third plane, an Airbus A330, to its fleet to transport VIP gamers to its properties, MNA reports.

TRENDING ARTICLES

Slow ramp-up expected for Grand Lisboa Palace

SJM’s Grand Lisboa Palace will suffer from s slow ramp up, and likely fall behind schedule for its opening, according to Bernstein analysts in...

New LT Game slots to be available in June

Paradise Entertainment chairman Jay Chun says he expects his latest line of slot machines, developed through its subsidiary LT Game, to be available at...

Melco to delay opening City of Dreams Mediterranean

The opening of Melco’s integrated casino resort in Cyprus has been pushed back six months due to the extensive infrastructure needed, local media reports....

Melco buys A330 to add to fleet, MNA reports

Melco Reports & Entertainment has bought a third plane, an Airbus A330, to its fleet to transport VIP gamers to its properties, MNA reports.

SkyCity online gaming site expected to launch mid-2019

SkyCity Entertainment Group on Wednesday has announced its Maltese subsidiary has partnered with international iGaming company Gaming Innovation Group Inc (GiG) to provide New...