Corporate Bits | Sands China increases CNG-powered buses

Sands China Ltd. announced in a statement that it has been increasing the number of its guest shuttle buses fuelled by clean energy, with 25 percent of its fleet

PokerStars owner to buy Sky Betting in USD4.7 billion deal

Poker giant Stars Group Inc. agreed to buy Sky Betting & Gaming in a deal valued at USD4.7 billion, moving deeper into sports betting to

Bordeaux vineyards are finding buyers from China, Australia

Two vineyard transactions in Bordeaux in the past month signal interest from overseas buyers in the region’s wine labels and production potential, amid a run of improved vintages since

Corporate Bits | Sands scheduled to train 3,000 gaming employees

ands China’s Professionalism Training for Gaming Practitioners programme has trained over 1,500 team members to date, and will be further training another 3,000 team members in the next two

Real Estate Matters | How Will the Hong Kong-Zhuhai-Macau Bridge Affect the Local Market?

The Hong Kong-Zhuhai-Macau Bridge (HKZMB) is due to open for traffic later this year and has been the talk of the town for quite some time,

Atlantic City | Hard Rock casino resort announces June 28 opening

Hard Rock will open its Atlantic City casino resort on June 28. Jim Allen, the global entertainment and hospitality company’s CEO, made the announcement Wednesday at Hard

Amazon’s Prime service has 100m members

AMAZON has persuaded more than 100 million shoppers to subscribe to its Prime service that offers free two-day shipping and other perks that help bind people to

Germany | Prosecutors carry out raids in Porsche diesel probe

Prosecutors have carried out raids at 10 locations in southern Germany in an investigation of current and former managers at automaker Porsche, a unit

Hong Kong interbank rate jumps as HKMA defense hits USD4.3b

The Hong Kong dollar’s interbank borrowing costs rose to their highest level this year, as the city’s de facto central bank bought more of the

Opinion | HK has whip hand in any horse race with Hainan

Hong Kong’s government can breathe a small sigh of relief: Its gambling well isn’t going to dry up just yet. Chinese President Xi Jinping handed a long-awaited

China may be set for rare property defaults, Neuberger says

Chinese developers may be headed for rare defaults on their debts as rising interest rates make it harder to roll over record borrowings, according

HK gets prominent back-seat driver in dollar peg defense

Few managers appreciate having their predecessor chime in with tips on how to do their job. In the case of the Hong Kong Monetary Authority,

Korean Air suspends ‘nut rage’ sister from work over tantrum

Korean Air Lines said yesterday it has suspended one of its chairman’s daughters from her marketing work after she threw a tantrum at a business meeting,

Gaming | Icahn to sell Tropicana for USD1.85 billion to Eldorado, REIT

Eldorado Resorts Inc. and real-estate company Gaming and Leisure Properties Inc. are teaming up to buy Carl Icahn’s casino operator, Tropicana Entertainment Inc., for USD1.85

Corporate Bits | MGM hosts activities to raise social inclusion awareness

MGM once again sponsored the Conference on Inclusive Education, Sports and Social Media as one of its initiatives to raise public awareness of social inclusion.

Gaming | Wynn Resorts CEO says Boston casino sale possible

Wynn Resorts Ltd. Chief Executive Officer Matt Maddox said he remains committed to finishing the USD2.5 billion casino the company is building in the Boston area but

Environment | Nations strike historic deal to curb shipping emissions

Most of the world’s nations agreed to an historic deal that for the first time will limit emissions from the global shipping industry. After

Real Estate Matters | What makes a tenant a ‘good’ tenant?

In light of the new legislation that came into effect in February 2018 introducing three-year tenancy contracts, we’ve seen landlords become increasingly reluctant to list their properties on

Beijing denies Xi comments aimed at settling US dispute

China’s government yesterday denied President Xi Jinping’s promise of market-opening measures this week was aimed at settling a tariff dispute with Washington and said negotiations are impossible under

Hong Kong | Law firms join Goldman in fight for gay spouse visas

More than a dozen large banks and law firms from the U.S., Europe and Asia are joining forces on behalf of a British lesbian in a landmark

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