Sunday, July 12, 2020

Macau

Macau April revenue growth in double digits

  Macau gaming revenue rose around 10 percent in the first week of April from a year earlier, according to analyst surveys. Wells Fargo put...

Air quality not up to snuff

  Health Bureau tests showed 28 of 44 gambling venues failing to meet air quality standards. All four casinos operated by Las Vegas Sands and...

Weidner says trial hurt China ties

  William Weidner, the former Las Vegas Sands Corp. president, now involved in casino projects in Taiwan and the Philippines, told a Las Vegas jury...

Macau Gaming revenues hit new record

  Macau monthly gross gaming revenues hit an all-time high in March of 31.3 billion patacas ($3.9 billion), topping the previous record of 28.3 billion...

Galaxy doubles profits

  Galaxy Entertainment Group Ltd. reported that its annual net profit more than doubled last year to HK$7.4 billion ($953 million) from HK$3 billion in...

Junkets, VIP investors report mixed results

  China Star Entertainment Ltd. reported a return to profit, with earnings of HK$94.5 million ($12.2 million), up from a loss of HK$632.7 million a...

Macau Jockey Club loss more than doubles

  The Macau Jockey Club's annual loss rose to about 50 million patacas ($6.3 million) in 2012 from 17.8 million patacas a year earlier. The...

Adelson loses argument on cameras

  A Nevada judge rejected Las Vegas Sands chairman Sheldon Adelson's attempt to keep television cameras out of the courtroom where he testified in a...

Macau March revenue growth stays hot

  Gross gaming revenues for the first 17 days of March put the city on pace for growth of at least 24 percent for the...

Adelson accused of seeking to pressure Edmund Ho

  Steve Jacobs, the former head of Las Vegas Sands operations in Macau who is suing the company for wrongful termination, alleged that Sands chairman...

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