Friday, December 14, 2018

Macau

SCL yet to request allocation of new tables

  Sands China has not yet indicated where its 200 new tables will be allocated.  The head of the Gaming Inspection and Coordination Bureau, Manuel...

Las Vegas Sands ceases international money transfers for high rollers

  Las Vegas Sands Corp (LVS) is revamping its compliance procedures as it faces scrutiny from US regulators over anti-money laundering and bribery.  LVS announced...

SJM Holdings voted Asia’s best-managed gaming firm

  SJM Holdings (880:HK) was recently named by Euromoney magazine as the “Best Managed Company in Asia – Gaming” in the publication’s “Best Managed and...

Leven thinks Macau gaming revenue could reach USD $100 billion per year

  In an interview with CNBC, the president and chief operating officer of Las Vegas Sands Corp, Michael Leven, said that he is bullish on...

Sands China announces interim dividend

  Hong Kong-listed Sands China Ltd declared on Friday an interim dividend of HK$0.67 (USD$ 8.6) per share, payable on or about February 28. In...

Okada requests injunction to stop Wynn from ousting him

  Japanese businessman Kazuo Okada, formerly Wynn’s largest shareholder, has asked a U.S. federal judge for an injunction to stop a special Wynn Resorts Ltd...

Macau gambling revenue up 7.3 pct

  Gambling revenue in Macau rose 7.3 percent in January year-on-year, riding on the waves of mainland punters. January's revenue at USD $3.4 billion was...

Smoking ban yet to impact Macau casino revenues

  Average Daily Table Revenue (ADTR) was USD 99.9 million last week, which is below the first two weeks of the month, but expected due...

Mobile gambling growth prompts acquisition by Citic

Citic Telecom International Holdings Ltd. (1883:HK) has decided to buy 79% of Macau phone operator CTM for the noteworthy amount of USD $1.16 billion....

Smoking grief rises

The smoking ban that took effect on the first day of the year is creating grief across the industry. Operators, faced with last minute...

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DFNN reports increased revenue across all business segments

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GEA Summit gathers 2,500 visitors

The inaugural launch of the GEA Summit, touted as a “small-sized and lightweight buyer-seller meeting”, gathered around 2,500 guests from the industry, according to...

Donaco reports soft start to FY19

Weaker VIP win rate, online gaming business start up costs, and a Chinese crime syndicate have been blamed for Donaco’s “soft start” to the...

Solid releases pachinko game, Hawaiian Dream

Golden Hero - a brand exclusive to Solid Gaming - and JTG have teamed up to release Hawaiian Dream, an online version of the popular...

Donaco plans strategic review, debt restructuring

Australia-listed Donaco International said it’s conducting a strategic review of its businesses, including a potential restructuring of an almost $40 million debt to Mega Bank.