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Results 1 - 10 of 17 for casinos in macau

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  1. Gambling heir raises the stakes in Macau

    Posted May 08th 2006, 12:00am by Enoch Yiu

    ... comfortably in his Central office with two models of his Macau casino projects. The 29-year-old chairman and chief executive of Hong Kong-listed Melco International Development is focused on expanding ... with each other in the Macau casino market. The Melco-PBL joint venture two months ago spent US$900 million buying the sixth and last gaming licence from Wynn Resorts so its two major casino ...

  2. SJM float on track despite media reports

    Posted Jun 20th 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu Casino king Stanley Ho Hung-sun said the initial public offering plan of his partly owned SJM Holdings, one of six companies permitted to operate casinos in Macau, would not be affected by negative media reports this week. 'We have explained to the stock exchange and the Securities and Futures Commission,' Mr Ho said. 'The listing application of SJM ...

  3. Business - Companies - STOCKS

    Investors dump Louis XIII shares after HK$3b fundraising plan

    Posted Nov 21st 2014, 12:54pm by Enoch Yiu, TIFFANY AP

    ... to HK$3.03 billion through shares and convertible bonds to finance a casino resort it is building in Macau. The Macau gaming company, headed by Stephen Hung, announced after the market closed ... extravagant hotel suite, a 20,000 sqft villa suite that is expected to cost HK$1 million a night. Macau gaming stocks are under pressure as casinos reel from the mainland's anti-corruption ...

  4. Ban small players from warrants, Legco told

    Posted Jan 06th 2006, 12:00am by Enoch Yiu

    ... Enoch Yiu Opponents liken buying the stock derivatives to gambling in Macau Retail investors will be banned from trading in derivative warrants to protect their money, if lawmaker Kwong Chi-kin has his way. Mr Kwong told a Legislative Council financial affairs panel yesterday that the derivatives market was so speculative that it was 'like betting in the casinos ...

  5. Melco to advise betting firms on listing

    Posted Aug 20th 2003, 12:00am by Enoch Yiu

    ... Lawrence Ho Yau-lung - the son of Macau's casino king - sees a role for his Melco International Development as an adviser to gambling businesses seeking a listing on the Hong Kong ... of them are in Macau and they are involved in a range of gambling businesses,' he said yesterday. 'There are a lot of profitable gambling businesses such as casinos, slot [machines], ...

  6. Local investors stay high on Macau fever

    Posted Jan 07th 2005, 12:00am by Enoch Yiu, Sandy Li

    ... cent stake in Macau's newest casino, Golden Dragon, for $514 million. Rumours had already driven the stock price up fourfold since mid-December. But the king of casinos, Stanley Ho ... Holdings and holder of one of just three licences to operate casinos in the smaller SAR. 'The stocks are closing on their peaks.' Macau optimists say tens of millions of visitors from ...

  7. Business - Companies - CASINOS

    MelcoLot raising money for casino in Georgia

    Posted Nov 21st 2014, 10:26am by Enoch Yiu

    ... million) for a casino project in Georgia. MelcoLot, an arm of Macau gaming company Melco International Development, conducts lottery business on the mainland. Its wholly owned subsidiary, Express Wealth Enterprise, is a “special purpose company” formed to hold the licence for the casino project in Tbilisi, Georgia’s capital. The company, listed on the growth enterprise market, will sell ...

  8. Stanley Ho challenges exchange on Melco

    Posted Nov 25th 2004, 12:00am by Enoch Yiu

    ... Kerry Packer's Publishing and Broadcasting to invest in casino businesses in Macau and the rest of the region, which Melco released yesterday. However, the stock exchange then demanded ... Enoch Yiu Casino king denies remarks on assets and calls for resumption of stock trading Casino boss Stanley Ho Hung-sun last night threw down the gauntlet to the stock exchange to allow ...

  9. Brokers, Macau plays face heat from watchdogs

    Posted Nov 24th 2004, 12:00am by Enoch Yiu

    ... it was also checking on the Macau-concept companies' announcements as well as remarks made by their executives, including casino king Stanley Ho Hung-sun. Earlier this month, Mr Ho was reported ... Macau's casino and hotel business by teaming up with Mr Ho. The news drove Emperor China share price up 94.9 per cent to close at $42 on Monday, following a 176 per cent surge last Friday, while ...

  10. Lawmaker takes the sting out of chance

    Posted Oct 05th 2008, 12:00am by Enoch Yiu

    ... in stocks and property. But he's also a regular at the casinos. In the past two months, he has spent 40 hours at Macau's baccarat tables winning HK$150 million. Now he doesn't mind ... the market crashes of 1987 or 1998 not as serious. What was the best investment decision you ever made? I won HK$150 million in 40 hours in the casinos of Macau. I went to Macau about 20 times ...




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