The recent decision by the government of Macau to extend the casino license of MGM China Holdings Limited by a further two years will allow the operator to improve its ‘capacity to finance the business’ and prepare ‘for future capital [...]
In Macau, Economy and Finance Secretary, Lionel Leong Vai Tac (pictured), has reportedly announced that the local government in ‘inclined’ towards launching a new tendering process for the city’s six existing casino concessions. Pair [...]
In Macau, a slowing economy together with the prospects of a heightened trade war involving the United States and China could reportedly lead to significant challenges for the 3 foreign gambling firms that operate casinos in the former Portuguese enclave. [...]
In Macau, a trio of trade unions representing some of the city’s 56,271 gaming industry workers have reportedly called on casino operators to share some of their recent good fortune by awarding staff with minimum pay rises of around 3%. Improving [...]
In Macau, the boss for local casino behemoth SJM Holdings Limited has reportedly announced that his firm is hoping that the government will allow it to operate ‘300 to 500’ new-to-market gaming tables at its under-construction Grand Lisboa [...]
In Macau, American casino operator, Las Vegas Sands Corporation, has reportedly declared that its local Sands China Limited subsidiary has completed each the outside work on the expansion into its Four Seasons Tower Suites Macao. Interior work [...]
The Sands China Limited subsidiary of American currency giant, Las Vegas Sands Corporation, has reportedly announced that it has agreed that an unsecured revolving credit facility with a syndicate of lenders value some $2 billion. Resource accessible [...]
In Macau, casino workers reportedly joined a protest yesterday over a government plan that would change the city’s Labour Relations Law so as to offer private business companies the right to ask their employees to operate over ‘compulsory [...]
