GGRAsia – Macau

Stanley Ho marks 93rd anniversary with charity donation

Nov 26, 2014 Newsdesk Latest News, Macau

Macau casino mogul Stanley Ho Hung Sun (pictured) celebrated his 93rd birthday on Tuesday. Mr Ho and members of his family celebrated by giving HKD2 million (US$258,000) to the Community Chest of...

Grand Emperor casino revenue slips 10 pct in 1H fiscal

Nov 26, 2014 Newsdesk Latest News, Macau, Top of the deck

Gaming revenue at Macau’s Grand Emperor Hotel (pictured) – which operates a casino under the gaming licence of SJM Holdings Ltd – fell 9.9 percent year-on-year in the six months to September...

Macau GGR tracking for a 20-pct decline in Nov: CS

Nov 25, 2014 Newsdesk Latest News, Macau, Top of the deck

Casino gross gaming revenue (GGR) in Macau is on track for a 20-percent decline in November measured in year-on-year terms, says Credit Suisse AG. “Up to November 23, Macau noted GGR of MOP18.7...

Macau junket Sing Vong eyes Hong Kong IPO

Nov 25, 2014 Newsdesk Latest News, Macau, Top of the deck

Macau-based gaming promoter Sociedade de Entretenimento Sing Vong Lda is seeking an initial public offering (IPO) in Hong Kong via its offshore holding company Sing Hou Entertainment Group Ltd. Sing...

October visitor numbers up 11 pct in Macau

Nov 25, 2014 Newsdesk Latest News, Macau, Top of the deck

Visitor arrivals to Macau rose 11 percent year on year in October to 2.65 million, said the city’s Statistics and Census Service on Monday. Those coming from mainland China increased by 20.5...

Former Sands China director Jeffrey Schwartz dies

Nov 24, 2014 Newsdesk Industry Talk, Latest News, Macau

Jeffrey H. Schwartz, former non-executive director of Macau-based gaming operator Sands China Ltd, died on November 19. The announcement was made by Las Vegas Sands Corp, the parent of Sands China....

Sinogreen to develop junket business in Macau

Nov 24, 2014 Newsdesk Latest News, Macau

Sinogreen Energy International Group Ltd, a Hong Kong-listed firm controlled since September by Macau junket investor Jack Lam Yin Lok, said in a new filing it plans to use money raised in a...

No progress on Suncity deal: International Ent Corp

Nov 24, 2014 Newsdesk Latest News, Macau, Top of the deck

International Entertainment Corp – a Hong Kong-listed company that in January announced it was interested in buying a 70-percent economic interest in Macau junket investor Suncity International...

E-Baccarat table gaining traction: LT Game

Nov 21, 2014 Newsdesk Latest News, Macau, Trends & Tech

Macau-based electronic table games specialist LT Game Ltd says its new E-Baccarat table is starting to gain traction. The firm, a unit of Paradise Entertainment Ltd, has already received its first...

Macau’s Louis XIII raising US$390 mln in shares, bonds

Nov 21, 2014 Newsdesk Latest News, Macau, Top of the deck

The holding company of boutique Macau casino hotel project Louis XIII (pictured) is seeking to raise up to HKD3.03 billion (US$390.7 million) in additional funds through the placing of shares and...