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Levo Chan boosts stake in Macau Legend to over 33%

Levo Chan, CEO of junket promoting firm Tak Chun Group, has increased his stake in Macau Legend Development to 33.19 percent, consolidating his position as the leading shareholder, even as changes are made to the composition of the board.

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,...

IPI acquires 50 percent stake in Saipan resort developer

Imperial Pacific International has announced it has entered into a sale and purchase agreement to acquire a 50 percent stake in American Sinopan LLC,...

IPI controlling shareholder reduces stake in the casino company

The controlling shareholder of Imperial Pacific International, a company known as Inventive Star Limited, has entered into a disposal contract with a third-party to...

Berjaya PH lowers stake in PGMC to 79.9 percent

Berjaya Philiippines Inc has disposed of 1 million shares in Philippines Gaming Management Corp (PGMC) for P117.2 million (US$2.3 million), with funds to be...

Crown acquisition will help Japan bid: Lawrence Ho

Melco Resorts chairman and CEO, Lawrence Ho says that their recent acquisition of shares in Crown Resorts will help to accelerate their bid for...

Palmary Corp buys stake in Philweb, signs cooperation agreement for e-bingo sites

Philippine e-bingo operator Palmary Corporation has purchased a 6.78 percent stake in Philweb Corporation and has signed a cooperation agreement with the company to...

Summit Ascent main shareholders mull share disposal

Summit Ascent Holdings, operators of Tigre De Cristal, has announced that its main shareholders, First Steamship Co Ltd, and Summit Ascent chairman Kuo Jen...

Genting Malaysia sells stake in UK casino

Casino operator Genting Malaysia on Friday announced it has disposed of its entire equity stake in one of its casinos located in Kensington, London. The...

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