Thursday, September 19, 2019

Macau

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...

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...

Mass market helps lift Melco Crown Entertainment

Melco Crown Entertainment Ltd. (Nasdaq: MPEL), the second-most expensive Chinese casino stock after last year's 75 percent surge, will extend gains as recreational gamblers...

More gaming tables for Cotai

The table cap for operating properties - currently set at 5,500 for the 2011-12 biennium - shall be increased in 2013, the Macau Secretary...

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Silver Heritage Nepal sale delayed, faces new legal action

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Miyagi governor undecided on IR bid

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