Tuesday, December 10, 2019
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Macau operator stocks fall on Hainan baccarat news

Shares in Hong Kong-listed Macau operators dropped 3.7 percent on Tuesday on news up to five hotels on China’s Hainan island may be able to operate entertainment rooms with real money stakes, though Union Gaming says the initiative “poses no threat to Macau whatsoever.”

TRENDING ARTICLES

POGOs to resist political pressures

With the win from China-facing igaming operations forecast to hit $33 billion in 2019, the Philippines has little incentive to curb activities of POGOs.

Hokkaido governor nears decision on IR bid

Hokkaido Governor Naomichi Suzuki is nearing his decision on whether or not to pursue an IR bid at Tomakomai city, but even conservative political forces are having difficulty uniting behind a pro-IR policy.

POGO crackdown has produced $25 million in extra tax revenues

Finance Secretary Carlos Dominguez has declared that the task force led by the Bureau of Internal Revenue (BIR) has wrung an additional PHP1.2 billion (about $25 million) in tax revenues from a delinquent POGO that was temporarily shut down in September.

AgTech to supply lottery terminals in Zhejiang and Henan

AGTech Holdings Limited reported to the Hong Kong Stock Exchange on Thursday that one of its wholly-owned subsidiaries had won the lottery terminals procurement tenders to supply lottery terminals to the Sports Lottery Administration Centers in Zhejiang province and Henan province.

MAGAZINE ISSUES

Donaco appoints new directors, resumes trading

Donaco International has announced the appointment of two independent and non-executive directors, including Mel Ashton, who will take on the role of chairman, and...

Wynn Macau sees stronger October results, issues notes

Casino operator Wynn Macau has announced it is preparing to conduct an offering of notes, which will be used to pay down amounts outstanding...

Macau’s December starting weaker than expected

The upcoming visit by Chinese President Xi Jinping and tighter visa controls starting from November is having a stronger effect on Macau GGR than...