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Wynn Macau Ltd

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  • SHANGHAI, April 9- Hong Kong shares ended at its highest in 11 weeks on Wednesday, as a rebound in casino shares and index-heavyweight Tencent pushed the index to its best close since end-January.

  • SHANGHAI, April 9- Hong Kong shares extended gains from the previous day on increases in Tencent and casino shares as well as modest rises in mainland banking stocks, sending the Hang Seng Index to its highest intraday level since February. The China Enterprises Index of the top Chinese listings in Hong Kong gained 0.4 percent.

  • HONG KONG, April 1- Macau, the world's casino capital, raked in $4.4 billion in gambling revenues in March, boosted by robust demand from Chinese visitors keen to bet in the country's only legal casino hub. Growth in Macau, a special administrative region like neighbouring Hong Kong, was up 13 percent in March, at the top end of analyst estimates of 10-13 percent.

  • MACAU, March 12- Galaxy Entertainment Group Ltd and Melco Crown Entertainment Ltd look best placed to benefit from the next phase of Macau's development as the world's gambling capital adds eight more mega-casinos by 2017..

  • MACAU, March 12- Galaxy Entertainment Group Ltd and Melco Crown Entertainment Ltd look best placed to benefit from the next phase of Macau's development as the world's gambling capital adds eight more mega-casinos by 2017..

  • HONG KONG, Feb 5- Gaming revenues in Macau, the world's casino capital, grew at the slowest pace in 15 months in January, raking in a lower-than-expected 28.7 billion patacas, due to tempered spending by Chinese visitors ahead of a national holiday.

  • *HSI flat, H-shares -0.3 pct, China reopens Friday. *China cyclicals biggest drags, but Anhui Conch up. Feb 5- Hong Kong shares lingered at seven-month lows on Wednesday after benchmark indexes surrendered gains over the first hour of trade as a rebound proved short-lived with markets still jittery after a steep sell-off in recent sessions.

  • HONG KONG, Nov 1- Gambling revenue in the southern Chinese territory of Macau surged 31.7 percent to a record high in October year-on-year, after a week-long national holiday boosted visitation from big-spending mainland gamblers keen to punt in the country's only legal casino hub.

  • Investing in Casinos, a Safe Bet?     Monday, 8 Jul 2013 | 11:35 PM ET

    Grant Govertsen, Principal and Analyst at Union Gaming Group, is bullish when it comes to gambling stocks and explains why investing in casinos is a safe bet.

  • Wynn Says SEC inquiry Completed     Monday, 8 Jul 2013 | 4:13 PM ET

    Wynn Resorts says the SEC has ended its inquiry into the donations made to Macau University, reports CNBC's Jane Wells.

  • Casino magnate Sheldon Adelson is back in court on a breach of contract suit involving his casino empire, reports CNBC's Jane Wells.

  • Asia Stocks End Mixed; Nikkei Drops Over 1% Friday, 15 Feb 2013 | 3:23 AM ET

    Japan's Nikkei extended losses on Friday on news that a conservative may be the leading candidate to head the Bank of Japan while Australian and South Korean shares ended a range-bound session relatively flat, weighed down by weak euro zone growth.

  • Macau Gaming Stocks Slide on Fears of Crackdown Wednesday, 6 Feb 2013 | 2:35 AM ET

    Macau gambling stocks such as Sands China and Galaxy Entertainment Group fell on Wednesday after a media report said Beijing may crack down on junket operators that bring in Chinese VIP high-rollers, arrange credit and collect debts.

  • Asian Stocks Mixed as China PMI Misses Friday, 1 Feb 2013 | 1:53 AM ET

    Asian shares wiped earlier gains on Friday as a tepid Chinese manufacturing report dented sentiment, leaving investors on tenterhooks ahead of U.S. nonfarm payroll data due later in the day.

  • MGM China's New Macau Casino Approved by Government Wednesday, 9 Jan 2013 | 12:02 AM ET
    MGM Grand Casino in Macau.

    A $2.5 billion Macau casino planned by MGM China, the Chinese arm of U.S. gambling giant MGM Resorts International, received government approval on Wednesday, sending shares of MGM China to an 18-month high.

  • Asia Hits 5-Month High as US Averts 'Cliff' Crisis Wednesday, 2 Jan 2013 | 5:09 AM ET

    Asian stocks rose nearly two percent to hit a five-month high as both houses of Congress passed a bill to end the "fiscal cliff" crisis that threatened a U.S. recession and roiled world financial markets.

  • Wynn Resorts' 3Q profit falls on expenses Wednesday, 24 Oct 2012 | 6:09 PM ET

    LAS VEGAS-- Wynn Resorts Ltd.' s profit fell nearly 12 percent in the third quarter, as a debt-related loss boosted expenses for the casino operator. The latest quarterly report card showed Wynn's casino resorts in Las Vegas benefited from a stronger gambling business, as its table games and slot machines generating more revenue.

  • World stocks mixed after US joblessness drops Friday, 12 Oct 2012 | 5:18 AM ET

    Weekly applications for unemployment aid fell to their lowest since February 2008, the U.S. government said Thursday. "I think you need to wait for a few months to see more figures to confirm the jobs recovery in the U.S.," said Francis Lun, managing director of Lyncean Holdings in Hong Kong. Britain's FTSE 10 dropped 0.2 percent to 5,815.68.

  • Asia stocks mixed after US joblessness drops Friday, 12 Oct 2012 | 1:14 AM ET

    Weekly applications for unemployment aid fell to their lowest since February 2008, the U.S. government said Thursday. "I think you need to wait for a few months to see more figures to confirm the jobs recovery in the U.S.," said Francis Lun, managing director of Lyncean Holdings in Hong Kong.

  • HONG KONG, Oct 4- Gambling revenue in Macau rose a weaker-than-expected 12.3 percent in September, indicating China's slowing economy is increasingly hurting the appetite of wealthy mainland gamblers to place bets in the world's largest casino market.

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