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World

Las Vegas Sands appoints Chinese exec Xuan Yan to board

Sep 19, 2019 Newsdesk Latest News, Macau, Top of the deck, World

U.S.-based casino developer Las Vegas Sands Corp announced on Wednesday the appointment of Xuan Yan to the firm’s board. The company is the parent of Macau casino operator Sands China Ltd. “Mr...

Aruze names Robert Blair global general counsel

Sep 17, 2019 Newsdesk Industry Talk, Latest News, World

Casino gaming equipment supplier group Aruze says it has promoted Robert Blair to be its global general counsel. Mr Blair started the role in August, but the group announced the promotion in a Monday...

Wynn Resorts prices new US$750mln funding in notes

Sep 13, 2019 Newsdesk Latest News, Macau, Top of the deck, World

Casino operator Wynn Resorts Ltd has priced its new private offering, for an aggregate principal of US$750-million in senior notes, at 5.125 percent. The firm said in a filing on Thursday that cash...

Ex MGM bosses hired for Genting Las Vegas resort: report

Sep 13, 2019 Newsdesk Latest News, Top of the deck, World

Three former executives of U.S.-based casino operator MGM Resorts International are among five managers hired to help run Resorts World Las Vegas (pictured in an artist’s rendering), the entry...

Wynn Resorts up to US$2.6bln fresh funding, group rejig

Sep 12, 2019 Newsdesk Latest News, Macau, Top of the deck, World

United States-based casino operator Wynn Resorts Ltd announced on Wednesday it was arranging up to US$2.6 billion in fresh funding and at the same time restructuring the business so that an entity...

Wynn Macau more prone to volatility vs parent: Bernstein

Sep 11, 2019 Newsdesk Latest News, Macau, Top of the deck, World

Brokerage Sanford C. Bernstein Ltd says it has a “slight preference” for owning the stock of United States-based casino operator Wynn Resorts Ltd rather than its Macau casino unit Wynn Macau Ltd....

BMM promotes Shuba as regulatory compliance director

Sep 10, 2019 Newsdesk Industry Talk, Latest News, World

United States-based gaming testing laboratory and technical consulting company BMM International LLC, known as BMM Testlabs, says it has promoted Melissa Shuba (pictured) to director for regulatory...

Casino tech firm IGT offers US$551mln senior secured notes

Sep 09, 2019 Newsdesk Latest News, Top of the deck, World

Casino equipment maker International Game Technology Plc (IGT) announced on Monday an offering of EUR500 million (US$551.5 million) in senior secured notes, due in 2028. United States-listed IGT said...

Novomatic halves size of executive board, names new CFO

Sep 06, 2019 Newsdesk Latest News, Top of the deck, World

Austrian gaming technology supplier Novomatic AG says it has made several changes to the firm’s executive and supervisory boards. The size of the executive board has been halved, to three members;...

Aristocrat, Crane drag down August’s AGEM Index

Sep 06, 2019 Newsdesk Latest News, Top of the deck, World

The AGEM Index for August fell to 473.36 points, 4.4 percent down on the prior month, showed a written statement released on Thursday. The Association of Gaming Equipment Manufacturers (AGEM) says...