Archive

_2015-04-25
Macau’s economy is heading for its biggest recession in 33 years if current gaming revenues persist for the rest of the year, with GDP shrinking 14.

_2015-04-25
Standard and Poor’s rating services has affirmed its BB- long-term corporate credit rating for Melco Crown subsidiary Studio City Co. Ltd, with a s

_2015-04-25
Maybank Kim Eng has downgraded its rating for Genting Singapore from Buy to Hold following the company’s share price rallying 13 percent since March

_2015-04-25
Aquis Group chairman Tony Fung said he is  “totally committed” to the Aquis Great Barrier Reef Resort project at Yorkeys Knob despite speculation

_2015-04-24
Elaine Wynn, the second-biggest shareholder in Wynn Resorts, has lost her battle for a seat on the board after failing to win over a sufficient number

_2015-04-23
Summit Ascent Holdings, backed by Melco International CEO Lawrence Ho, said it has nearly completed construction on its integrated resort in Primorye

_2015-04-23
Century Properties Group said it has made a request for arbitration with the Hong Kong International Arbitration Center over a legal dispute with Japa

_2015-04-23
Sterne Agee has cut its price target on Las Vegas Sands after the company posted weaker-than-expected Q1 results. Analyst David Bain said Macau margin

_2015-04-23
EveryMatrix has appointed Doina Stefanescu as new COO, replacing Jan Ridenfeldt who takes on the role of managing director of the Swedish branch of

_2015-04-23
Sands, MGM, the Grand Hyatt and Sheraton received awards of excellence for their properties in Macau at this year’s Eighth Annual TTG China Travel A

_2015-04-23
MGM National Harbor, a subsidiary of MGM Resorts International, has released its first quarterly report on its Maryland resort to the oversight commit

_2015-04-23
Taiwanese authorities are investigating the head of the Taiwan Football Association for allegedly betting on his side to lose a World Cup qualifier ag

_2015-04-23
Landing International is seeking to raise $6.44 billion ($831 million) net through a rights issue, in part to fund the next stage in the development o

_2015-04-22
Sales in China’s booming lottery market declined 6.3 percent to RMB30.81 billion ($4.9 billion) in the first year-on-year drop in more than two year

_2015-04-22
Aristocrat Leisure announced that following a strategic review of its Japan businesses it will close its subsidiary KK Aristocrat Technologies and cea

_2015-04-22
Macau’s Secretary for Economy and Finance, Leong Vai Tac, said following his visit to Fujian that Macau will seek to co-operate with the Chinese pro

_2015-04-22
Macau’s Commission Against Corruption has found that two Civil Engineering Laboratory employees were bribed by an engineering company to falsify soi

_2015-04-22
Las Vegas Sands reported weaker-than-expected Q1 profit and revenue, pulled down by a slump in its Macau gaming operations. Group net revenue for the