Tuesday, July 16, 2019

Macau

SCL yet to request allocation of new tables

  Sands China has not yet indicated where its 200 new tables will be allocated.  The head of the Gaming Inspection and Coordination Bureau, Manuel...

Las Vegas Sands ceases international money transfers for high rollers

  Las Vegas Sands Corp (LVS) is revamping its compliance procedures as it faces scrutiny from US regulators over anti-money laundering and bribery.  LVS announced...

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....

TRENDING ARTICLES

Morpheus wins Prix Versailles architecture and design award

Melco Resorts & Entertainment’s new Morpheus hotel has become the first in Macau to win a Prix Versailles regional award for design and architecture.

Donaco seeks information on new shareholder intentions

Donaco International said it’s seeking more information as to the intentions of a group that bought a 19.25 percent stake in the company and is seeking the appointment of two board directors.

Clairvest funds rise to $673 million ready for investment

According to its latest financial report, the Clairvest Group of Canada, now seeking an IR license in a Japanese regional market, has C$886.5 million...

China LotSynergy gets Chongqing lottery contract

Hong Kong-listed China LotSynergy Holdings said one of its units has won a procurement contract for computer ticket game betting terminals and technical services for the Chongqing Welfare Lottery Issuance Centre.

JRA suspends 156 racehorses over banned drug

The Japan Racing Association (JRA) announced this weekend that 156 of its racehorses were excluded from their scheduled races after it was found that...