Monday, February 24, 2020

Macau

Macau casinos paid workers 17 percent more in 2012

The costs for Macau’s casino operators continued to rise last year, with operating expenses gaining 24 percent year-on-year, according to the Gaming Sector Survey...

Sands China joins with David Beckham in marketing accord

Sands China has teamed up with former England football captain David Beckham to promote the casino’s restaurants and shops. No further details were given...

Kingston Financial profit rises 34 percent, gaming revenue up 11 percent

Kingston Financial Group is reporting that profit in the six months to the end of September rose 34 percent to $341 million, with combined...

French conglomerate Bouygues to build six-star hotel for Melco Crown

France’s Bouygues has won a contract worth 360 million euros ($488 million) to build a six-star hotel in Macau for Melco Crown Entertainment. The...

Government wants locals to climb gaming executive ladders

SJM’s Angela Leong On-kei is backing calls by the  Macau government for casino operators to move more locals into executive management positions.  In his...

Neptune Group signs MOU with Ocean Star

Neptune’s Board has announced that it has entered a preliminary agreement with Ocean Star under which the company would assign its right, title, interest...

Louis XIII raises cash for Cotai project

Louis XIII Holdings Ltd has raised enough money to proceed with its casino-resort project in Cotai, local media said, citing Union Gaming Research. The...

SHFL forced to shutter equipment at MGS after LT Game complaint

Macau customs officials forced SHFL Entertainment to cover its Fusion Hybrid electronics multi-game product at the Macau Gaming Show following a complaint from LT...

Galaxy Entertainment eyes investments in Hengqin island, Japan, Taiwan

Galaxy Entertainment Group Ltd. plans to invest in China’s Hengqin island and will consider investing at least $5 billion in Japan and Taiwan if...

Cotai openings to boost slot machine demand, research shows

New casino openings in Cotai between 2015 and 2018 will need as many as 10,000 new slot machines, local media said, citing research from...

TRENDING ARTICLES

Macau government orders two-week closure of all casinos

Chief Executive Ho Iat Seng has announced that all 41 of the territory’s casinos must be shut for a period of at least two...

MGM only accepted bidder for Osaka IR

The Osaka Prefectural Government released a press statement on Friday regarding the screening of candidates for the Osaka Yumeshima IR. Only one candidate made...

Coronavirus live updates: Almost a third of Macau casinos to remain closed

The latest news and updates on the COVID-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...

SunCity grants employees special leave during casino closure

Macau junket operator SunCity Group is granting its employees special paid leave during the 15-day closure of casinos in Macau, local media reports. SunCity CEO...

Seven Macau hotels have suspended operations

A total of seven hotels in Macau are known to have suspended operations as a result of sharply lower visitation and countermeasures against the...