Malaysia-based Genting USD 1.1B purchase of Miami land falls through
Genting Malaysia's plan of acquiring a 15.5-acre property in Miami, Florida for US$1.23 billion has will not push through, execs tell.
The fallout of the deal comes after the purchaser Smart Miami City LLC decided to end its current bid additional amendments to the terms of the sale. Genting deci[...]
macau-based success universe group to loan us$63 mill...
Success Universe Group has announced plans to refinance HK$490 million (US$62.6 million) worth of loans provided for the operation[...]
travellers parent flags hotel biz expansion to 2028
Philippine conglomerate Alliance Global Group Inc, which promotes the Newport World Resorts casino complex in the country’s capi[...]
macau gaming tax revenue tops us$706mln in may
The Macau government collected in May just above MOP5.70 billion (US$706.4 million) in fiscal revenue from taxes on gaming, accord[...]
contrasting fortunes for korea’s paradise, gkl in m...
South Korea’s leading foreigner-only casino operators – Paradise Co and Grand Korea Leisure (GKL) – enjoyed vastly contrasti[...]
malaysian casino billionaire cashes in on tourism reb...
NagaCorp founder Chen Lip Keong is ratcheting up succession plans for his casino company as business rebounds from the pandemic. T[...]
cotai expo hotel extra to licence capex, says goldste...
The idea of a new hotel tower for Cotai Expo at the Venetian Macao casino resort would represent capital expenditure (capex) addit[...]
macau 1q gdp increased by 39% as gaming exports doubl...
Macau 1Q GDP Increased by 39% as Gaming Exports Doubled
According to figures from the city's Statistics and Census Service, Mac[...]
decline in profits prompts dynam japan to reinvent pa...
Japan’s second-largest pachinko hall operator, Dynam Japan Holdings, has cited an increase in depreciation expenses of its pachi[...]
tougher market for pagcor casino sale as local player...
According to Maybank Securities research, a plan by Philippine gambling regulator PAGCOR to sell off its casino operations divisio[...]
1q results encouraging, non-gaming to boost traffic: ...
1Q Results Encouraging, Non-Gaming to Boost Traffic: SJM Boss. Daisy Ho Chiu Fung, chairman of SJM Holdings Ltd, says the firm’s[...]