GGRAsia – Macau

Macau

Macau police detain one local over crypto coin launch

Apr 20, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau’s Judiciary Police said on Friday that a male Macau resident had been detained for alleged involvement in giving false information designed to attract public subscribers to a cryptocurrency...

Plenty of likely suitors for Wynn Macau Ltd: Telsey

Apr 20, 2018 Newsdesk Latest News, Macau, Top of the deck

The market does not know “how many” U.S. gaming companies might be welcome in Macau beyond the year 2022, when the final four of the city’s current six gaming concessions are due to expire,...

SJM to introduce clean-energy bus service in May

Apr 20, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator SJM Holdings Ltd announced on Thursday that one of its subsidiaries would introduce a so-called “new-energy” shuttle bus service in Macau starting from May 2018. The...

Macau junkets counter crypto coin firm’s biz claims

Apr 19, 2018 Newsdesk Latest News, Macau, Top of the deck

Several Macau junket operators have issued clarifications denying having either business relations or partnership with a company that on Tuesday announced at a Macau event the launch of an investor...

Wynn Macau seeks nod for share repurchase scheme

Apr 19, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Wynn Macau Ltd is to ask investors for a mandate to repurchase up to 10 percent of the total number of issued shares in the firm. Wynn Macau Ltd is majority-owned by...

Macau’s GDP to grow by 7pct in 2018: IMF

Apr 19, 2018 Newsdesk Latest News, Macau, Top of the deck

The International Monetary Fund (IMF) expects Macau’s gross domestic product (GDP) to grow by 7.0 percent this year and 6.1 percent in 2019, slightly slower than in 2017. The forecast was included...

APT clarifies no crypto coin links to coming APT Macau

Apr 19, 2018 Newsdesk Industry Talk, Latest News, Macau, Top of the deck

The Asian Poker Tour has issued a statement saying that its planned APT Macau Championships 2018 will have “no association, involvement from, or usage of, cryptocurrency”. In an earlier press...

Wynn Resorts appoints three women to its board

Apr 19, 2018 Newsdesk Latest News, Macau, Top of the deck, World

The first woman to serve as White House press secretary during Democrat Bill Clinton’s first term as U.S. President is one of three women being added to the board of casino operator Wynn Resorts...

Melco Resorts to run 20 electric buses in Macau from May

Apr 18, 2018 Newsdesk Latest News, Macau, Top of the deck

Asian casino developer and operator Melco Resorts and Entertainment Ltd says it has purchased 20 electricity-powered buses to serve its Macau properties, starting from May. The company said in a...

No talks with Hainan on gaming topics: Macau CE

Apr 18, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau’s Chief Executive, Fernando Chui Sai On (pictured), said on Tuesday that he did not have any “exchange of opinions” with government officials of the mainland-territory island of...