Saturday, April 4, 2020

Macau

Wynn chooses Leighton for Cotai

  A subsidiary of Australian-based Leighton Holdings, Leighton Asia, has been chosen by Wynn Macau (1128:HK) to design and build its maiden property in Cotai....

Sands China’s new Macau casino resort helps profits jump 52pct

  Sands China Ltd (1928:HK) posted a 52 percent jump in fourth-quarter profit, due mainly to strong performance of its Cotai project, Sands Cotai Central....

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...

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