Wednesday, August 15, 2018

Hong Kong

Success Dragon raises funds through share placement

Hong Kong-listed Success Dragon has entered into a placing agreement that would see it place up to 20 percent of the company’s existing issued...

Okada sets record straight regarding arrest

Gaming mogul Kazuo Okada has fired back at the allegations made against him by Universal Entertainment Corporation, calling the allegations “false and malicious” and...

Kazuo Okada arrested in Hong Kong on fraud charges

Japanese gaming mogul Kazuo Okada and an associate have been arrested by Hong Kong’s anti-corruption watchdog, according to a filing from Universal Entertainment Corp. According...

HKJC hires former government official as corporate comms officer

Racing operator Hong Kong Jockey Club (HKJC) has appointed a former Hong Kong minister for mainland China affairs as the company’s executive director of...

Genting HK expects H1 reduced loss

Genting Hong Kong said it expects to record a reduced loss in the first half of 2018, due mainly to improvement in its core...

HK billionaire Pollyanna Chu slips down Asia’s wealthiest list

The chief executive of Kingston Financial Group, Pollyanna Chu, has seen her net worth fall by nearly three-fourths due to a continued share price...

Melco recognized for CSR efforts

Melco has won an Outstanding Corporate Social Responsibility award at the 7th Cross-Strait-Four-Region Outstanding CSR Awards organized by the Mirror Post of Hong Kong. Melco...

Melco Q2 hit by bad luck; COD Manila and Altira drive performance

Melco Resorts & Entertainment reported an 8 percent gain in adjusted property EBITDA driven by its City of Dreams Manila and Altira properties, though overall revenue fell after a change in accounting practices.

Delta State Holdings

A Hong Kong-based provider of corporate finance consulting services for leading institutional investors in the emerging markets hospitality and gaming space.

HKJC commingling revenue growth surges

The Hong Kong Jockey Club posted a 5.8 percent increase in turnover for the 2017/2018 season, though the amount wagered through commingling partners surged 154.8 percent.

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Broken Tooth to bring chess and poker tournaments to China

Former triad leader Wan Kuok-koi, known also as Broken Tooth, has partnered with an unnamed Beijing firm to bring chess and poker tournaments to...

Construction activity could be related to gaming license play

A recent uptick in construction activity from gaming-related companies could be a play for a 7th or 8th gaming license, said Union Gaming in...

FEC to employ “Asian Wallet Strategy” in Europe

Hong Kong-listed Far East Consortium says it expects its casino gaming business to drive higher profitability in the long-term, according to comments made in...

Pagcor H1 gaming revenue up 18.1 percent

The Philippine Gaming and Amusement Corp. reported an 18.3 percent increase in gross revenue from gaming operations in the first half of 2018, beating its target by 9.7 percent.

Yokohama draws over 51 million tourists in 2017

Yokohama city, which is now mulling the possibility of an IR bid, drew over 51.4 million domestic and foreign tourists in 2017, according to...