Monday, September 16, 2019

Macau

Casinos appeal smoke ban failures

Macau Secretary for Social Affairs and Culture, Cheong U, this week explained why there had been a delay in the government's announcement of the...

Macau government quashes labour review rumours

Following recent comments reported by the media by casino bosses such as Michael Leven and Ambrose So warning that Macau may face a future...

Wynn sues tycoon for gambling debt

Wynn Macau has turned to the Hong Kong courts to file a writ against a mainland Chinese property and auto tycoon.  Businessman Li Jun...

Leven foresees Macau dealer shortage

Speaking at an investor forum in Las Vegas, Michael Leven, president and chief operating officer of Las Vegas Sands Corp., told UBS and Deutsche...

Macau infrastructure gets windfall from casino money

Macau saw the first visible infrastructure beneficiary of its dramatic gambling earnings as the new $1.3 billion university campus opened its doors to students...

Unexpected death may cause AERL IPO delay

NASDAQ listed VIP gaming room promoter, Asia Entertainment & Resources Ltd., announced that it may need to delay its planned listing on the Hong...

Typhoon hits September revenues but October looks strong

Typhoon Usagi, which blew in to southern China last weekend and killed 33 people in Asia, damaged revenue at Macau's casinos and may lower...

Macau Legend plans share sale

Macau Legend Development Limited, which operates casinos under the license of SJM Holdings Limited, announced that it planned to raise $300 million in a...

CY Foundation completes slot management deal

Following an announcement in May of its intention to acquire Weike G. Management Macau Limited and a vote by shareholders last month, CY Foundation...

New rules force slot parlour closures

New rules governing the location of slot machine parlours have caused Melco Crown Entertainment Ltd's subsidiary, Mocha Clubs, to announce the closure of two...

TRENDING ARTICLES

Yamashita

Yokohama opts to enter the IR race

The municipal government told reporters on Monday that Yokohama’s long period of indecision had ended and that Mayor Fumiko Hayashi would announce later in the week that her city would seek to host a major urban IR at the 47-hectare Yamashita Pier location.

Mars-X now available across the Asia-Pacific region

Casino players can “Xperience the Difference” through the latest dual-screen gaming sensation from Aristocrat.  The company’s new innovation, MarsX gives operators an entirely new way...

Caesars drops out of Japan IR race

Caesars Entertainment Corp has pulled out of the race for a Japanese casino license and will focus instead on its current plans and commitments,...

LVS secures new loan facility for MBS expansion

Casino operator Las Vegas Sands Corp on Wednesday announced it has secured a new delayed draw term loan facility in aggregate principal amount of...

Asian affiliate acquisitions hot up

The recent moves in the Asian affiliate space, including high-profile acquisitions and talk from some of the larger listed affiliates of entering new markets in Asia, might have observers believing the region is like any other, at least as far as affiliates go.