MGM China Holdings Limited said its H1 revenue rose 30 percent, helped by the February opening of its new Cotai resort.
Business
Wynn Resorts CEO Matt Maddox says the company’s Macau subsidiary, Wynn Macau Limited, will present plans for its empty seven-acre parcel of land located alongside Wynn Palace in Cotai to the Macau government before the end of 2018.
THE 13 Hotel, which reportedly cost US$1.6 billion to build, in Seac Pai Van in Coloane is expected to open on or before August 31, South Shore Holdings Limited said in a statement Wednesday.
Macau casinos’ gross gaming revenue increased by 10 percent year-on-year for July.
Hong Kong-listed Macau gaming operator SJM Holdings Limited said in a statement Tuesday that its first-half net profit rose 56.8 percent year on year to HK$1.49 billion (US$ 186 million)
The Commission Against Corruption (CCAC) has announced that it will investigate loans worth 212 million patacas granted by the Macau government about a decade ago to the now defunct local airline Viva Macau.
Sands China saw its net revenue soar 18% to US$2.11 billion in the three months to 30 June 2018, bolstered by a strong performance at the Venetian Macao and growth across all Macau properties.
The Court of Final Appeal (TUI) said in a statement yesterday that it has rejected an appeal by Chief Executive Fernando Chui Sai On against a ruling by the Court of Second Instance (TSI) in March, which determined that the government would need to reassess the rival quotations submitted by seven construction companies for the construction of the depot of the Light Rail Transit (LRT).
The Economic Services Bureau (DSE) said in a statement Sunday that it was unable to recover a 212 million patacas (US$ 26,424 million) loan granted to locally incorporated airline Viva Macau in 2008-09 and the latter’s Hong Kong-registered Eagle Airways as guarantor.