Tuesday, July 23, 2019

Macau

Wynn Macau raises US$591.5 million through debt sale

Wynn Macau has raised US$591.5 million through the sale of senior notes to raise funds for general operations. The senior notes, with a coupon...

Sterne Agee raises Q3 estimates for Melco Crown, LVS, MGM and Wynn

Sterne Agee has raised its forecasts for third-quarter earnings before interest, tax, depreciation and amortization (Ebitda) for some of the biggest casino operators with...

Macau has no plans to lift live gaming table cap

The Gaming Inspection and Coordination Bureau has denied reports that Macau plans to relax its cap on live gaming tables. The government allows the...

Morgan Stanley raises price target for SJM Holdings to HK$28

Morgan Stanley has upped its rating on SJM Holdings’ stock to overweight from equal rate and raised its price target to HK$28 a share....

Macau set for record-breaking October

Early indications are pointing to a record-breaking month for Macau gaming revenue in October, with both the mass market and VIP segments performing strongly...

Iao Kun rolling chip turnover drops 10 percent, cuts guidance

Iao Kun Group Holding (IKGH) reported unaudited rolling chip turnover fell 10 percent in September from the same month last year to $1.12 billion...

Sands China denies hiring expatriates for gaming jobs

Sands China Ltd. said it categorically denies that it employs expatriate personnel in gaming positions such as Pit Supervisors, Dealer Inspectors and Dealers. Macau...

September gaming revenues up 21 percent

Official figures released by the Gaming Inspection and Coordination Bureau show that Macau's September gross gaming revenue increased by 21 percent from the same...

Portuguese themed commercial center ready for Hengqin

Former Macau legislator and entrpreneur David Chow Kam Fai said that construction could start on his Portuguese themed plaza and commercial center planned for...

Chinese visitors up 16 percent at start of Golden Week

All signs point towards a record breaking month for gaming revenues in Macau, with Chinese tourists up 16 percent from the same period last...

TRENDING ARTICLES

South Shore sells iconic Rolls Royce fleet

South Shore Holdings Limited, owner of the luxury Macau hotel The 13 has disposed of 24 of their customized Rolls Royce vehicles in an...

Cambodia creates AML working group

The Cambodian government has announced a new working group and action plan aimed at cracking down on money laundering in the nation, according to...

Delta Corp revenue flattish in 19Q2

Delta Corp saw a slight increase in profit in the second quarter of 2019, increasing 2.6 percent year-on-year to Rs 42.5 crore (US$6.2 million). This...

Nikkei announces IR Forum for Osaka in August

The Nihon Keizai Shinbun is bringing its high-powered IR Forum to Osaka, marking the third in the Nikkei series, but the first held in...

Japan regional areas gain increasing cut of foreign tourists

The government’s latest White Paper on Tourism again demonstrates that foreign tourists visiting Japan are increasingly moving beyond the major urban areas of the Kanto, Kansai, and Nagoya regions.