• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Louis XIII announces Chinese New Year bonus to staff

Feb 16, 2016 Newsdesk Latest News, Macau, Top of the deck  


Louis XIII announces Chinese New Year bonus to staff

Hong Kong-listed Louis XIII Holdings Ltd on Tuesday announced a Chinese New Year bonus for all team members.

The bonus, equivalent to up to two months’ salary, was paid to “general staff” who have been with the company for full year 2015, “and pro rata for those on board before December 31, but who have not completed a full year’s service,” the firm said in a press release. The company did not specify how many workers were eligible for the payment.

Louis XIII Holdings had 2,001 full-time employees as of September 30 last year, according to the firm’s interim report filed in November.

The firm said the bonus was issued in recognition of its employees’ efforts and contribution to the development of its property – Louis XIII – on the Cotai-Coloane border. The under-construction scheme (pictured) is on schedule to open in “late summer 2016,” the company said in Tuesday’s release.

The property is described in the latest release as an “ultra-luxury hotel in Macau”. There is no mention of the inclusion of gaming facilities.

Previous company information did mention plans for a casino at the property – including up to 66 gaming tables – but Louis XIII Holdings has made no mention in more recent statements of gaming facilities at the venue.

“This bonus reflects our recognition and appreciation of the diligent, productive work of Louis XIII’s team members,” said Walt Power, chief executive of Louis XIII Holdings, in a statement.

He added: “The sustained success of the company is based on recruiting the highest quality team members, and investing in those individuals through constant world-class training and development.”


  • tweet
Related articles
  • Lim Kok Thay 2020 pay halved GEN Singapore tells bourse
    Lim Kok Thay 2020 pay halved GEN...

    Mar 26, 2021  

  • Lim Kok Thay GEN Singapore pay doubled in 2020
    Lim Kok Thay GEN Singapore pay doubled...

    Mar 24, 2021  

More news
  • VIP gaming not defined in Japan draft rules: IR Forum
    VIP gaming not defined in Japan draft...

    Apr 21, 2021  

  • GEN Malaysia likely 2021 loss amid pandemic: Maybank
    GEN Malaysia likely 2021 loss amid...

    Apr 21, 2021  


Latest News

VIP gaming not defined in Japan draft rules: IR Forum

VIP gaming not defined in Japan draft rules: IR Forum

Apr 21, 2021  

Japan’s draft regulations for casinos, undergoing public consultation until May 9, still require clarifications in key areas, including the definition of VIP play, says Kentaro Maruta (pictured) of...
Read More
GEN Malaysia likely 2021 loss amid pandemic: Maybank

GEN Malaysia likely 2021 loss amid pandemic: Maybank

Apr 21, 2021  

Macau 1Q gaming suspect transaction reports up 2pct

Macau 1Q gaming suspect transaction reports up 2pct

Apr 21, 2021  

Macau govt, analysts tip May Day bounty at casino resorts

Macau govt, analysts tip May Day bounty at casino resorts

Apr 20, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”We are filled with gratitude and excitement as we approach our opening this June and hope to play a role in Las Vegas’s rebound after what has been an incredibly challenging year”

Scott Sibella

President of Resorts World Las Vegas



Most Popular

  • Macau gaming demand recovering comfortably: analystsMacau gaming demand recovering comfortably: analysts April 20, 2021
  • Talks on NagaWorld lay-offs amid pandemic: sourceTalks on NagaWorld lay-offs amid pandemic: source April 19, 2021
  • NUSTAR complex in Cebu slated to open 2022: UHRINUSTAR complex in Cebu slated to open 2022: UHRI April 16, 2021
  • Macau govt, analysts tip May Day bounty at casino resortsMacau govt, analysts tip May Day bounty at casino resorts April 20, 2021
  • Macau VIP GGR up 20pct sequentially in 1Q: govtMacau VIP GGR up 20pct sequentially in 1Q: govt April 16, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us