FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
The group’s net profit has increased by 1.9 percent to HKD3.9 billion. SJM’s gaming revenue and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) also rose by 4.7 and
He told the Times that to date they had only targeted Sands China and Galaxy Entertainment Group as staff from both companies had voiced their concerns to the union. “Staff
The Public Prosecutions Office (MP) has granted bail to 11 individuals who were allegedly involved in a computer fraud scam at a local casino. Other measures implemented include banning the
The last time billionaire James Packer bet on Las Vegas’s casino industry he lost A$1.37 billion (USD1.28 billion). Bond risk on his Crown Resorts Ltd. has risen to a five-month
Las Vegas Sands and Wynn Resorts together reported labor compensation costs of USD50 million in their Macau casinos last quarter. Casino industry analysts believe that another four operators (Galaxy Entertainment, MGM
The survey was launched by the Macau Gaming Research Association and was conducted by SGS Hong Kong Ltd. Representatives from eleven casinos belonging to the region’s six gaming operators joined the
FMG claimed that more than 500 people came and supported the group’s action. FMG president Ieong Man Teng stated that more actions will follow if GEG fail to provide an
GAMING Chinese developers invest in overseas casino projects Facing a drop in profits in their home market, Chinese real estate companies are trying to participate in overseas casino projects, according to a
busters “Million Dollar Baby” and “Cinderella Man” if you still don’t get it. Now the world’s fastest growing corporate contact sport comes to town. It will debut in Macau with
Kana Nishizawa Hong Kong stocks fell, with the benchmark index declining the most in two weeks, as casino operators and developers slumped. Global Brands Group Holding Ltd. debuted after its spinoff
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