Saturday, May 25, 2019
Home Greater China

Greater China

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...

Gongbei border checkpoint expansion to be ready soon

  According to the mayor of Zhuhai, He Ningka, the new Gongbei expansion will be in use in the next few months.  The expansion will...

New express train to increase visitation to Macau before CNY

  The Guangzhou-Zhuhai Intercity Railway is adding an express train service before the Lunar New Year holiday in early February, hopefully bringing Incremental visitation to...

Gaming law draft to be sent to MOTC head

  Minister of Transportation and Communications, Mao Chi-kuo, announced that a gaming law draft will soon be sent to the Executive Yuan.  Mao said that...

Galaxy Entertainment Group (GEG) Chairman named 5th richest man in Hong Kong

Lui Che Woo, Chairman of Galaxy Entertainment Group (0027:HK), was named Hong Kong's 5th richest man by Forbes magazine. Lui's net worth more than...

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...

TRENDING ARTICLES

Sands China invests in green technology for its properties and fleets

Macau gaming operator Sands China is investing in a number of initiatives to reduce its impact on the environment, such as solar panels, recycling...

PAGCOR Q1 profit up 9.5 percent

Philippine Amusement and Gaming Corp (PAGCOR) saw its profit climb 9.5 percent to P1.6 billion (US$30 million) during the first quarter of 2019, mainly...

Kansai IR Expo reveals rapid growth of the gaming industry

The scale of the Kansai IR Industrial Expo held in Osaka on May 15 and 16 testified to the rapid rate of growth of the gaming industry in Japan as it was clearly much larger than its predecessor event held a year ago in the same city.

Parañaque court affirms Okada warrant of arrest

A Parañaque City trial court has affirmed the warrant of arrest issued earlier this year against Japanese gaming mogul Kazuo Okada, local media reports. Okada’s...

Summit Ascent announces board changes after Suncity hikes stake

Summit Ascent Holdings has announced board room changes after Suncity Group Holdings increased its stake in the operator of Tigre de Cristal earlier this month.