Thursday, December 12, 2019
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Melco wins four Green Key Awards

Melco Resorts & Entertainment said it is the first in Macau to win four Green Key Awards, recognizing excellence in sustainability in its hotels.

Studio City prepping for IPO

Melco Resorts & Entertainment said its Studio City International Holdings venture is continuing to prepare for an initial public offering, which will commence as soon as market conditions permit and it receives the necessary clearance from the U.S. Securities and Exchange Commission.

Star seeks approval for $500m Ritz-Carlton Sydney project

The Star Entertainment Group has filed a development application for a $500 million project to bring a Ritz Carlton hotel to Sydney, significantly expanding amenities at its existing property in the city.

Udenna to shift hotel/casino assets to listed unit

Privately owned Udenna Corp is planning to shift its hotel and casino assets into a listed unit as it pushes further into the tourism sector in the Philippines.  

TRENDING ARTICLES

SBC Awards offer great pre-Christmas networking opportunities

Excitement is building for the SBC Awards 2019, which will bring together 700 of the most influential executives in the industry for a celebration...

Bloomberry remains as GGR market leader in 2019

Bloomberry Resorts, the operator of the Solaire Resort & Casino, has been gaining shares in both VIP and mass over the first half of...

Paradise Nov. sales rise 31.6 percent

Paradise Co., which operates foreigner-only casinos in South Korea, reported a 31.6 percent gain in November sales, driven by table games.

Clean energy forum held in Macau

The 8th International Forum on Clean Energy (IFCE) was held in Macau on Wednesday, bringing together over two hundred representatives from government, industry, and academia from around the world to discuss about the green development of the Guangdong-Hong Kong-Macao Greater Bay Area.

MAGAZINE ISSUES

Casino winnings taxation policy delayed until next year

Some lawmakers have grown concerned that the proposed policy on the taxation of casino winnings is too heavy-handed, and a settlement of the issue has been delayed until next year.

AGTech deepens cooperation with Alibaba Group

AGTech Holdings has announced that its wholly-owned subsidiary, Beijing GOT Technology, has entered into an agreement with Alibaba China to provide equipment and maintenance services including POS terminals and face recognition payment equipment, which may be applied to offline retail sales as well as lottery sales.

Mark Brown resigns as IPI CEO

Commonwealth Casino Commission Executive Director Edward Deleon Guerrero has revealed that Mark Brown has resigned as CEO of Imperial Pacific International (IPI), effective December 8.