Wednesday, June 19, 2019

Macau

Melco targets mass market growth of 25 percent in 2014

Melco Crown expects industry mass segment growth of at least 25 percent in 2014, and VIP growth of at least 5-10 percent, UBS said...

Louis XIII arranges financing for Coloane project

Louis XIII Holdings Ltd says it has arranged a six-year HK$3.05 billion ($393 million) loan to finance construction of its casino-hotel on Coloane. Louis XIII...

Wynn Macau appoints Gamal Aziz as president, replacing Steve Wynn

Wynn Macau has appointed Gamal Aziz as president, replacing Steve Wynn who will continue as CEO and chairman of the board. Mr. Aziz will...

Genting Hong Kong plans boutique hotel in Macau

Genting Hong Kong is planning a boutique hotel in Macau on a plot of reclaimed land opposite the old Casino Lisboa. The plans submitted...

Macau GGR breaks records in 2013, analysts upbeat for 2014

Research houses are going into the New Year bullish on Macau and casino stocks after a record breaking year in 2013. Macau posted an...

SJM’s 5 percent pay increase may set benchmark

Sociedade de Jogos de Macau SA’s decision to raise wages by 5 percent will set a benchmark for other industries, MSS Recruitment Ltd managing...

Shun Tak Holding unit to manage Grand Lapa Hotel

Shun Tak Holdings unit, Artyzen Hospitality Group Ltd, will take over the management of the Grand Lapa Hotel on February 1. Mandarin Oriental Hotel...

SJM’s Casino Crystal Palace sets up smoking room

SJM Holdings Director Angela Leong says Casino Crystal Palace has already installed a smoking room in its main area. “We will have to continue...

Macau Legend Development reaffirms casino, junket plans

Macau Legend Development said in a filing to the Hong Kong Stock Exchange that it wants to diversify its business and indirectly participate in...

Macau CEO to discuss longer border opening hours with Beijing

Macau’s Chief Executive Fernando Chui Sai On plans to discuss the possibility of Beijing opening the border between Macau and China for more hours...

TRENDING ARTICLES

Wakayama mayor reiterates commitment to foreigner-only casino

Wakayama Mayor Masahiro Obana made clear at a press conference on Thursday that he is not in full alignment with Governor Yoshinobu Nisaka over...

Okada files complaint against TRLEI officials

Embattled gaming mogul Kazuo Okada has fired back against officials of Tiger Resort Leisure and Entertainment Inc. (TRLEI), accusing them of conspiring to remove...

At least four Nepali companies eye Tiger Palace operations

There are at least four Nepali companies looking to purchase the Tiger Palace Casino Resort in Bhairahawa after casino operator Silver Heritage Group put...

Kyushu Governors’ Association unites behind Sasebo’s IR bid

Sasebo’s campaign to build an IR at the Huis Ten Bosch theme park has been given a major boost by the Kyushu Governors’ Association, which has decided to offer proactive support and to dismiss the recent rival candidacy of Kitakyushu city.

GKL May sales slip 3 percent

Grand Korea Leisure reported a 2.9 percent decline in casino sales for May, pulled down by a drop in revenue from table games.