Thursday, June 20, 2019

Macau

Sands gets nod for Four Seasons sale

  Sands China Ltd. received government approvals to transfer rights to prepare for the sale of co-op shares in its Four Seasons serviced apartment building....

Casino revenue up 13.5 percent

  Gross casino revenue rose 13.5 percent in May from a year earlier to 29.6 billion patacas ($3.7 billion), the second-highest monthly total ever recorded...

Cammegh supplies Venetian with new roulette variation

  The Venetian Macao has introduced five tables from Cammegh Ltd. for a customized roulette variation it is calling "Dragon Element Roulette". Unlike traditional roulette,...

Macau Legend prepares for share sale

  Macau Legend Development Ltd. has begun pre-marketing for its planned initial public offering in Hong Kong next month. The company, which owns the Macau...

Judge raises Suen win to $102 million

  Las Vegas Judge Rob Bare raised the total due to Hong Kong businessman Richard Suen from Las Vegas Sands Corp. by $31.6 million to...

Union reports smoking problems

  A trade union official said after meeting with government officials that some casinos had again failed government air checks. The Health Bureau said in...

AERL to launch $63 million rights issue

  Asia Entertainment & Resources Ltd. said it would offer its existing shareholders rights to purchase $63 million in new shares at $3 a share....

Female gamblers to be surveyed

  The Social Welfare Bureau will survey local women gamblers to gain insight into female gambling addiction. The bureau commissioned the University of Macau to...

AERL in deal for first SJM room

  Asia Entertainment & Resources Ltd. reached a preliminary deal to buy the VIP gaming room on the first floor of the Le Royal Arc...

Hao lawyer attacked

  The lawyer representing Marshall Hao, a Taiwanese businessman suing Las Vegas Sands Corp. over its pursuit of a gaming concession in Macau in 2002,...

TRENDING ARTICLES

Macau solicits tourism tax opinion as visitation concerns mount

Macau’s tourism body is studying whether to impose a tourism tax amidst concern the territory may not be able to handle a sharp increase in visitors as connectivity with the mainland improves.

Nagasaki pushes forward on IR bid policy

Despite the delay in central government policy and criticism from some citizen’s groups, Nagasaki Prefecture is pushing ahead with its IR plans, launching the first meeting of an Experts Committee on Wednesday evening.

Decision to be made soon on gaming commission, new casino policy

The appointment of a gaming commission for Goa’s casino industry and the accompanying new casino policy are now in the final stages of consideration,...

SkyCity’s Queenstown problem unresolved despite land purchase

SKYCITY Ltd has now obtained permission to buy land in Queenstown for a new luxury hotel complex, but is still battling with regulatory issues...

DFNN says hopeful PCSO spat is close to resolution

DFNN said it is hopeful a long-standing legal dispute with the Philippine Charity Sweepstake Office (PCSO) is close to being settled and it will be able to collect the PHP310 million ($5.9 million) in damages that it was awarded by a court.