Thursday, October 29, 2020
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MGM property sales to assist in Japan IR efforts

U.S. casino operator MGM Resorts International says that the $2.5 billion sale of MGM Grand Hotel will be used to secure capital, in order to...

Pansy Ho continues share sell-down in MGM Resorts

MGM China co-chair and executive director Pansy Ho has continued her sell-down of shares in U.S-based MGM Resorts, having sold 2.45 million shares since...

Ainsworth FY19 revenue weighed by non-NA revenues

Gaming equipment supplier Ainsworth saw its sales revenue drop 12 percent in FY19, with both international and domestic revenues down in the year.  The company...

PAGCOR puts up land for sale, gaming not included

The Philippine Amusement and Gaming Corp. (PAGCOR) is planning to sell three lots of land in Laguna, Dasmarinas City, and Parañaque City, but said...

Pansy Ho reduces stake in MGM Resorts

MGM China co-chairperson Pansy Ho has reduced her stake in the company’s U.S. parent, MGM Resorts international, bringing her stake in the company to...

IPI controlling shareholder reduces stake in the company

Inventive Star, the controlling shareholder of Imperial Pacific International (IPI), is disposing of around 4.9 percent of the issued share capital of the company,...
Rio All-Suites Hotel

Caesars sells the Rio for $516.3m

Caesars Entertainment said it agreed to sell the Rio All-Suite Hotel & Casino to a company controlled by a principal of Imperial Companies for $516.3 million, in a deal that will allow it to focus on its Las Vegas Strip properties.

SVH Nepal ops sale no longer exclusive

Silver Heritage Group has announced that the buyer of its Nepal operations has missed its September 10 deadline to pay a deposit of $3...
Tiger Palace Resort, Nepal

SVH delays results due to Nepal sale

Silver Heritage Group said there would be a delay to filing its interim results as it has decided not to prepare the accounts on an ongoing concern basis due to the sale of its operations in Nepal.
Genting cruise ship

Genting HK agrees to sell 35 percent of Dream Cruises

Genting Hong Kong said it has agreed to sell as much as 35 percent of its Dream Cruises unit, making a gain of about $470 million to reduce debt and strengthen its balance sheet.

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