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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.”

Hainan horse racing seen facing multiple challenges

The Chinese government's April announcement that Hainan will “open up” as a economic hub and that horse racing, plus new forms of sports lotteries, could be part of the island's future was met with equal parts optimism and caution from within the sport of kings itself.

Galaxy says Wynn stake just for dividends

Galaxy Entertainment founder and Chairman Lui Che-Woo said his company has no plans to increase its 4.9 percent stake in Wynn Resorts, damping speculation it may have been planning a full takeover.

Views Hainan promotion to impact Hengqin “ill-informed”

In my view as a Hengqin-centric investor and investment consultant, April’s announcement of tourism development plans for Hainan Island will have zero meaningful impact...

TRENDING ARTICLES

Osaka willing to consider partial IR opening before 2025 World Expo

The Osaka prefectural and municipal authorities are beginning to reconcile themselves to the likelihood that a full opening of the Yumeshima IR will not be possible before the 2025 World Expo.

Success Dragon expects loss to narrow

Casino service provider Success Dragon International Holdings said it expects to record a narrower loss for the six months ended September 30, 2019 as...

Asia Gaming Brief @ G2E Philippines this week

The Asia Gaming Brief will be at G2E Asia Philippines, making its official debut Dec. 3-4, 2019, at the Manila Marriott Hotel. The show will...

Macau 2020 and beyond

The 1999 handover and casino liberalization policy put in place a new phase of development for Macau. All six casino licenses are soon set to expire and once the retendering process has been enacted, Macau will enter a crucial next phase. 

MAGAZINE ISSUES

Macau 2020 and beyond

The 1999 handover and casino liberalization policy put in place a new phase of development for Macau. All six casino licenses are soon set to expire and once the retendering process has been enacted, Macau will enter a crucial next phase. 

Regional growth and room to experiment are Philippine pluses

The inaugural G2E Asia @ the Philippines wrapped up on Wednesday, with suppliers expressing optimism about regional growth and the product experimentation. 

1XBet gets two gaming awards

1XBet took home two gaming awards this week, one from G2E Asia @ the Philippines and another at the SBC Awards in London.