MGM China said in a statement on Wednesday that its total revenue rose 5 percent to HK$3.68 billion in the third quarter from the previous quarter.
Business
Macau’s newest lender, Banco Well Link, held its formal inauguration ceremony on its Bank of China Building premises announcing that it plans to start retail counter services “in due course”.
The government’s current reserves amount to MOP505.2 billion (US$62.8 billion), Secretary for Economy and Finance Lionel Leong Vai Tac said in the legislature.
Monday’s 2017 Boao Forum for Asia Development Summit (Macau) focused on the theme of “Smart City Construction and Development of the Asian Region.” The one-day event was held at Sands Cotai Central.
KNJ Investment, headed by local businessman Kevin Ho King Lun, has acquired a 30% stake in Portugal’s Global Media Group for 15 million euros.
Casino operator Melco Resorts and Entertainment Ltd on reported on Thursday a 86.9 percent year-on-year increase in profit for the third quarter of 2017.
Macau’s casino gaming receipts rose 22.1 percent to 26.63 billion patacas (US3.31 billion) in October, according to data released by Macau’s Gaming Inspection and Coordination Bureau on Wednesday.
Macau casino operator Wynn Macau Ltd reported a US$183.2 million for the third quarter of 2017, a 21.3-percent increase from US$151.0 million for the same period of 2016.
Macau gaming operator Sociedade de Jogos de Macau (SJM) has announced its third quarter results for 2017. Gaming revenue for the group was HK$10,015 million, a 0.6 percent increase from the third quarter of 2016.