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  1. Genting HK swings to profit as casino business picks up

    Posted Aug 31st 2010, 12:00am by Staff Reporter

    ... Neil Gough Shares in cruise operator and Philippines casino investor Genting Hong Kong rose to a fresh 31-month high yesterday after the company said it swung to a profit during the first six months of the year. Genting Hong Kong, part of Malaysia's Genting Group, said cost cutting on its Asian cruise operations and positive profit from its new Manila casino helped offset ...

  2. Triads thrive in Ho's casinos, US report says

    Posted Mar 19th 2010, 12:00am by Staff Reporter

    ... Neil Gough Macau gaming magnate Stanley Ho Hung-sun is an associate of known and suspected triads who has permitted 'organised crime to operate and thrive within his casinos', according to a report by the New Jersey state attorney general's Division of Gaming Enforcement. The 88-year-old billionaire, who headed Macau's casino monopoly for over four decades, has ...

  3. Pansy Ho ruled unsuitable by US casino watchdog

    Posted May 20th 2009, 12:00am by Staff Reporter

    ... Neil Gough in Macau Casino regulators in the US state of New Jersey have ruled Pansy Ho Chiu-king an 'unsuitable' partner in MGM Grand Paradise, her US$1.25 billion Macau joint ... with the state's politically appointed Casino Control Commission. The DGE, an arm of the New Jersey attorney general's office, has recommended a public hearing on the matter. It has also recommended ...

  4. Casinos return to growth as revenue hits 9.57b patacas

    Posted Aug 05th 2009, 12:00am by Staff Reporter

    ... Neil Gough Casinos in Macau unexpectedly snapped a seven-month losing streak last month, returning to positive year-on-year growth for the first time since November last year. Casino ... to Portuguese news agency Lusa. Revenue last month was up 16 per cent from June and was 13.2 per cent above average monthly casino revenue over the preceding 12 months. 'This was better than our ...

  5. Third of Lisboa project may be residential units

    Posted Sep 15th 2008, 12:00am by Peggy Sito

    ... Neil Gough and Peggy Sito The planned HK$12 billion redevelopment of the 38-year-old Lisboa casino hotel in Macau calls for residential apartment towers that could account for up ... Mr McFadden said. 'You've got one-third on the [casino] podium and one-third on the hotels, so it will be a component but not a dominant component.' SJM plans to break ground ...

  6. K Wah eyes stake in Macau casino

    Posted Oct 09th 2004, 12:00am by Staff Reporter

    ... Ernest Kong After months of speculation, K Wah Construction Materials yesterday confirmed that it was studying the possibility of buying the Macau casino privately owned ... chairman Lui Che-woo's interest in Galaxy Resort and Casino. K Wah Construction's share price has jumped more than 130 per cent over the past month. Neither K Wah Construction nor parent ...

  7. Melco joins rush for Singapore casino bid

    Posted Jan 01st 2005, 12:00am by Toh Han Shih

    ... Toh Han Shih Melco International Development, backed by Stanley Ho Hung-sun, has expressed interest in the Singapore government's invitation for proposals to set up a casino ... million bid for the rights to build a casino in Singapore, saying the details were 'potentially very sensitive'. PBL is Australia's largest listed gaming and media company, owned ...

  8. MGM Grand Macau to increase VIP tables

    Posted Aug 07th 2008, 12:00am by Staff Reporter

    ... at the eight-month-old property. Following an operating loss of US$5 million in Macau during the second quarter, MGM chairman and chief executive Terry Lanni said the casino would refit three floors of its 600-room resort to lift total VIP gaming tables to 150 from the current 80 by the end of the year. The US$1.25 billion casino resort is jointly owned by Pansy Ho Chiu-king and Las Vegas developer ...

  9. Singapore stakes claim for share of gaming cash in region

    Posted Apr 19th 2005, 12:00am by Staff Reporter

    ... Neil Gough City ends 40-year ban as it opens bids for licences to build two casino resorts Singapore yesterday officially ended a 40-year ban on casinos and will forge ahead with plans to build two gaming resorts at an estimated cost of S$5 billion ($23.55 billion). The authorities are now soliciting formal bids and will award licences by December. The casinos are expected ...

  10. HK gaming firm takes a punt on Cambodia

    Posted Jun 16th 2005, 12:00am by Sandy Li

    ... million casino resort in partnership with a Thailand-based conglomerate. Two months after its submission to bid for Singapore's two casino resorts was rejected, the group yesterday said it had signed a memorandum of understanding with BOP Entertainment Group to develop Cambodia's largest casino resort in Poipet, on the border with Thailand. 'Cambodia has adopted ...




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