Tuesday, August 4, 2020

Macau

Gaming revenues off to fast start for month

  Macau gross gaming revenue was on pace for a rise of more than 30 percent in the first 10 days of March from a...

Adelson back in court over Chinese meetings

  Sheldon Adelson, chairman and chief executive Las Vegas Sands, is to testify next month in a retrial of a lawsuit by a former consultant...

Macau VIP demand not likely to grow

    Analysts do not see VIP demand growing in the short term due to weakening momentum in China’s economic revival over the last few months. ...

Wynn Macau may need additional financing for Cotai project

  In its annual results filing, Wynn Resorts Ltd, parent company of Wynn Macau Ltd, admitted that it may need additional funding to be able...

Smoky casinos could face complete cigarette ban

  Anthony Leong Man Ion, deputy director of the Gaming Inspection and Coordination Bureau, said he would favor banning all smoking in casinos that fail...

Macau gaming revenue up 11.5 pct

Macau gambling revenue in February was $3.39 billion, the Gaming Inspection and Coordination Bureau announced earlier today, in line with the most optimistic analyst...

MGM breaks ground in Cotai

MGM China Holdings (HK:2282) broke ground for a $2.6 billion integrated resort in Cotai. The casino resort, scheduled to open mid-2016, will feature 1,600...

SJM profits up 27 pct, paying dividend

SJM Holdings (880:HK) reported a 27 percent increase in annual profits in a statement to the Hong Kong stock exchange. Net income grew to...

MGM China revenue up 2 pct, paying dividend

MGM China Holdings Ltd. (HK: 2282) reported a 2 percent rise in fourth-quarter revenue to $731 million and will pay a special dividend of...

Analysts differ on Macau’s Chinese New Year performance

  Despite Macau posting a strong year on year increase during the first few days of the Chinese New Year period, a 3.9 percent drop...

TRENDING ARTICLES

Coronavirus live updates: Metro Manila quarantine strengthened and lengthened

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

SkyCity gets government warning over online ad

SkyCity Entertainment was given a formal warning by the Department of Internal Affairs for breaching the Gambling Act after it emailed loyalty customers in March, saying that its online casino was still open for business despite the Covid-19 lockdown.

Delta Corp reports boost in online gaming revenues

Indian gaming operator Delta Corp. reported a striking increase in online gaming revenue during the quarter ending June 30, whilst land-based revenues were completely...

MBS settles $6.5m lawsuit from former patron

Marina Bay Sands has agreed to settle a lawsuit from a Chinese gambler demanding S$9.1 million ($6.5 million), the South China Morning Post reports, citing a person familiar with the matter. 

IPI may have cash seized from its casino cage

Pacific Rim Land Development, one of the companies suing Imperial Pacific International over nonpayment for services, was able to execute a court-ordered on site...