Gaming | Wynn to take online-betting business public in SPAC merger

Wynn Resorts Ltd. is taking its nascent online-betting business public by merging it with a special purpose acquisition company (SPAC), the latest in a line of such casino-industry deals. The Las

Economy | Australia to reveal big-spending plan for next fiscal year

The Australian government will release its big-spending economic plan for the next fiscal year yesterday designed to create jobs and repair pandemic damage and with an eye toward winning votes

MUST students visit MGM’s F&B facilities

The Macau University for Science and Technology (MUST) recently led students from the Food and Beverage Management (BFBM) to visit MGM Cotai with the objective to give the students a

China to extend financial relief for SMEs

China will extend financial relief measures for small and micro businesses, the Ministry of Finance said in a statement. Provinces and regions will be encouraged to lower loan guarantee costs for these

Meituan sinks after CEO deletes posting seen critical of Beijing

Meituan’s stock plunged to a seven-month low after the Chinese e-commerce company’s billionaire chief executive officer shared and then deleted a poem on social media that some interpreted as a

Artyzen Grand Lapa to launch events to mark rebranding

To mark Grand Lapa Macau’s rebranding to “Artyzen Grand Lapa Macau,” Artyzen Grand Lapa Macau recently announced that it will be celebrating its new hotel brand with a collection of

MGM co-celebrates Mother’s Day with senior citizens from nursing homes

MGM joined hands with Caritas Macau on Mother’s Day to send love and care to local senior citizens, where the company arranged an integrated resort hotel tour for seniors from the Lar

Markets | Chicago says goodbye to CME’s last commodity trading pits

It’s the end of an era for open outcry commodities trading, made famous by the film “Trading Places” with Eddie Murphy and Dan Aykroyd. The CME Group Inc. said yesterday

Gaming | California tribe buys Palms Casino in Vegas for $650 million

The San Manuel Band of Mission Indians agreed to buy the Palms Casino Resort in Las Vegas from Red Rock Resorts Inc. for $650 million, the biggest purchase by a

Corporate bits | Wynn’s F&B academy targets to reach international benchmark

The Wynn Food & Beverage Academy continues to hold career development and F&B training sessions. The academy collaborates with a number of global institutions for team members to receive recognized and

Melco launches networking group to encourage connectivity

Melco Resorts & Entertainment recently announced the launch of the “Melco Mentoring and Networking Group” as part of its commitment to Whole Person Development for colleagues. The company has established a

Sands China holds responsible gaming sharing session

Sands China Ltd. recently held a responsible gaming sharing session for its team members, on the theme of providing support services to problem gamblers and their families. Presented by the Sheng

Economy | China is already tapering stimulus with drop in bond sales

China’s local authorities have slowed the pace of debt sales to finance infrastructure projects this year, evidence of a gradual tightening of fiscal policy as the government shifts its focus

Property | Beijing to crack down on home buying in famous school district

One of Beijing’s most famous districts for top schools rolled out a new admission policy to crack down on housing speculation, the latest move by local authorities to keep the

Banking | Citigroup’s Asia chief calls retail exit a strategic necessity

Citigroup Inc.’s decision to exit retail banking operations in 13 markets outside the U.S. including China was crucial for its ability to redeploy capital to areas where it can make

MGM holds a seminar on cultural heritage

MGM recently collaborated with Macao Institute for Tourism Studies and Oral History Association of Macau to hold the “MGM National Education Series Seminar – Embracing Chinese Cultural Heritage in Macau.” The seminar

Shine Spa by Sheraton launches new ‘wellness’ package

Shine Spa by Sheraton is offering the new “A Spa Day with Friends,” a package that includes a 60-minute spa treatment followed with a healthy and nourishing plant- based wellness meal

Apple targeted in USD50 million ransomware hack of supplier Quanta

As Apple Inc. was revealing its newest line of iPads and flashy new iMacs yesterday (local time), one of its primary suppliers was enduring a ransomware attack from a Russian

Wynn receives accolades in vocational skills competition

Wynn won a total of 10 awards in the recently held Macau Integrated Tourism and Leisure Enterprise Vocational Skills Competition co-organised by the Labour Affairs Bureau and the Macao Federation

Sands Resorts Macao presents spring promotions

Sands Resorts Macao is presenting the “Spring Getaway in Macau” promotion, which offers stays at eight hotels, retail promotions, a wide range of dining options, entertainment and leisure activities for the whole family. Guests can

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