Gaming | New Jersey betting rises, but gains go to two new casinos

The Hard Rock and the Ocean Resort, two new casinos in Atlantic City, New Jersey, boosted betting in the Garden State last month, though revenue

Morgan Stanley intern nabs senior Southeast Asia role in 7 years

Morgan Stanley is promoting a pair of dealmakers in Southeast Asia, with one banker rising from intern to a senior position in just seven years. The

Tencent ordered to kill game just days after its debut

Tencent Holdings Ltd. took another hit to its gaming business, after regulators told the social media giant to remove Monster Hunter: World from its PC downloads

Mozambique’s ruby mining goes from ‘wild west’ to big business

Sebastiao Pedro struck it lucky in 2014 when, as a 21-year-old small- scale miner, he found a large red ruby in northern Mozambique. He sold

Corporate Bits | The Parisian hosts elderly group at show

A group of approximately 40 members of the Lok In Elderly Service Centre of the Women’s General Association of Macau watched the La Parisienne variety show

Gambling apps surpass CryptoKitties as blockchain money makers

It turns out that gambling, not buying digital kittens, is one of the most popular applications on the blockchain - the distributed ledger technology that

Frontier, Kintor are said to join Hong Kong biotech listing wave

Two more Chinese drug developers are seeking initial public offerings in Hong Kong, adding to the growing wave of biotech firms taking advantage of the

Real Estate Matters | How to find a real estate mentor

Even with the abundance of freestanding information on the internet and in the libraries, we recognize that having a mentor who has been there and done it is

Retail | Ikea’s sofas and spoons in demand as first India store opens

Ikea spent 12 years studying India and visited 1,000 homes in major cities to see how its people lived. Today, as a few dozen early shoppers walked

Nevada nears new sexual harassment policies at casinos

Nevada’s chief gambling regulator said Wednesday she’s been encouraged by the input she’s received from casino executives and workers as the state’s Gaming Control Board considers rules

Investors turn against Hong Kong stocks in market rout

Chinese investors have gone off Hong Kong stocks again. After turning net buyers in July, mainland traders have been selling the city’s stocks this month, returning to

Corporate bits | MGM team members graduate diploma program

Seven MGM team members enrolled in the MGM High School Diploma Program successfully completed their courses and received diplomas from Escola Secundária Luso-Chinesa de Luís Gonzaga Gomes (ESLC) last

Corporate bits | Galaxy posts first half-year net revenue of usd28.1 billion

Galaxy Entertainment Group yesterday reported the second quarter and half year results in 2018. The group’s 1H results posted net revenue of USD28.1 billion, up

Briefs | Wynn Resorts adds former Deutsche Bank CEO to board

Casino operator Wynn Resorts has appointed its current CEO and the former CEO of Deutsche Bank to its board of directors. The Las Vegas-based company announced the appointments

Crypto’s USD600 billion crash hits a new low

The 2018 selloff in cryptocurrencies plumbed new depths yesterday after the U.S. Securities and Exchange Commission dented enthusiasts’ hopes for a Van Eck exchange-traded fund backed by Bitcoin.

Samsung plans USD22 billion for artificial intelligence, autos

Samsung Electronics plans to spend a whopping USD22 billion over the next three years on artificial intelligence, auto components and other future businesses as the company

Shenzhen billionaire following his Stanford tech dream

The idea came to him while lounging on the Stanford University lawn as an electrical engineering student: a flexible display that could be tucked away like a

Corporate bits | LVS launches new program to boost performance in social issues

Las Vegas Sands (LVS) has announced Project Protect, a comprehensive global initiative to accelerate its performance in responsible gaming, and the prevention of money laundering and human

5G coming to India by 2022 after pit stops in Korea, China

India plans to roll out state-of-the-art 5G telecom services in the next four years, a senior official said, as the nation rushes to catch up with

Wynn Resorts’ probe into founder’s behavior done

Casino operator Wynn Resorts says an internal committee has finished its investigation into the sexual misconduct allegations leveled against company founder Steve Wynn. In a securities

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