Friday, January 18, 2019

Macau

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...

Wynn’s profits down

  Wynn Macau Ltd. profit fell 18 percent in the fourth quarter loosing grown to the competition already operating in Cotai, Bloomberg reported following the...

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...

Chinese lottery monopoly extended

The Macau government will soon renew the contract with Sociedade de Lotarias Wing Hing Lda albeit with some changes. The company has held the...

TRENDING ARTICLES

Macau GGR gains 14 percent in 2018, Dec. beats forecasts

Gross gambling revenue in Macau rose 14 percent in 2018, with December topping consensus forecasts with a gain of 16.6 percent.

Leading clients to Asia

BBIN is heading to London for the third time in 2019 for ICE 2019, celebrating its 20th year of brand establishment. At ICE, BBIN...

Formation of SUZOHAPP Digital

SUZOHAPP, a leading technology company that provides software and hardware for cash handling automation and self-service solutions worldwide, recently announced plans to form a...

Michael Gu eyes Casino Canberra in $32 million transaction

Casino Canberra is on the verge of being bought up by one of Australia’s biggest hotel owners in a potential A$32 million (US$22.6 million)...

Sega Sammy releases Genesis Slant cabinet

SEGA SAMMY CREATION INC. today announced the release of their new slant-type gaming machine “Genesis Slant”, a cabinet available for both slot games and...