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Casinos and Gaming
Dragon Corporation is aiming to raise half a billion dollars through token sales in an effort to bring blockchain into the gambling world.
TORONTO, Sept 15- Canada's benchmark stock index notched a weekly gain of more than 1 percent but ended nearly flat on Friday as falling metal prices and some profit-taking in other sectors largely offset gains in groups led by consumer companies. The Toronto Stock Exchange's S&P/TSX composite index eked out 0.31 points to finish at 15,173.03.
TORONTO, Sept 15- Canada's main stock index were flat on Friday as declines in energy and mining stocks offset gains in other sectors, led by consumer discretionary and consumer staples companies. At 10:26 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index fell 12.77 points, or 0.08 percent, to 15,159.95. Wheaton Precious Metals Corp fell 1.5 percent...
MACAU, Sept 12- Over the past five years, Macau has raked in $70 billion in taxes from the casinos that have made the territory the largest gambling center in the world. However, taxes from Macau's six casino operators- which account for more than 80 percent of government revenue annually- continue to pour in. The southern Chinese territory has zero public debt and...
MACAU, Sept 12- Over the past five years, Macau has raked in $70 billion in taxes from the casinos that have made the territory the largest gambling center in the world. However, taxes from Macau's six casino operators- which account for more than 80 percent of government revenue annually- continue to pour in. The southern Chinese territory has zero public debt and...
LONDON, Sept 5- Britain's top share index edged slightly higher on Tuesday alongside other European bourses following losses in the previous session prompted by concerns over North Korea's latest nuclear test. "It is strictly impossible to know what could happen in the next coming hours", Saxo Bank said in a note to its clients, referring to North Korea, whose...
*Two typhoons from Aug. 23 killed 10 people. HONG KONG, Sept 1- Casinos in the world's biggest gambling hub of Macau booked a 20 percent rise in revenue in August, the 13th consecutive month of gain, and a month in which two deadly typhoons left as much as half the city without power and water. The impact was less acute along Macau's Las Vegas-style Cotai strip due to newer...
Matthew Ossolinski, chairman, Ossolinski Holdings says listed casinos operating in Macau deserve fresh looks with top picks SJM and MGM China.
Lawrence Ho, CEO of Melco Resorts & Entertainment, says the company expects a "minimal" impact from Typhoon Hato on its operations as its internal emergency planning was robust.
More big bets are likely to be placed before Saturday's fight, legendary oddsmaker Jimmy Vaccaro said.
MACAU, Aug 25- The glitzy exterior of Macau crumbled after a super typhoon steamrolled through the gambling center, exposing critical infrastructure flaws and overwhelmed emergency services. Macau, a former Portuguese colony until 1999, was battered this week by Typhoon Hato, one of the strongest on record. "It's a long-time story of incompetence and a lack of...
Hong Kong's main shopping districts will easily et back to business after powerful Typhoon Hota's lashing, says Jackson Wong, associate director, Huarong International Securities.
Union Gaming analyst Grant Govertsen believes the typhoon will hurt Macau's casino revenues.
Australia's New South Wales (NSW) police board recommended against approving an offer from the former New York businessman and a local developer, according to a report from The Australian, because it would have been "dangerous".
President Donald Trump's bid to open Sydney's first casino 30 years ago was thwarted after regulators expressed concern over his alleged "mafia connections", it was revealed on Wednesday.
HONG KONG, Aug 16- China's Tencent Holdings on Wednesday reported a forecast-beating 70 percent jump in its second-quarter profit, buoyed by higher revenues from smartphone games, payment services and online advertising. The world's largest gaming company raked in revenues of 56.6 billion yuan over the period, up 59 percent from a year ago and beating an...
Deutsche Bank upgrades Wynn Resorts to buy from hold and increases its 12-month price target thanks to mass volume.
*Overseas expansion for China gaming publishers difficult-analyst. HONG KONG, Aug 15- With as many active players as the population of Germany, the Honour of Kings mobile game will likely help boost Tencent's quarterly revenue by about 50 percent, shrugging off play-time curbs imposed by the firm to address addiction woes. The growth momentum in China is...
SHANGHAI/ BEIJING, Aug 12- China on Saturday freed one of the last remaining Crown Resorts Ltd executives jailed for illegally promoting gambling, as a protracted saga that forced the Australian casino operator to cancel global expansion plans and hurt profits nears an end. Jason O'Connor, head of international VIP gambling with the casino giant, was released...
SHANGHAI/ BEIJING, Aug 12- China on Saturday freed one of the last remaining Crown Resorts Ltd executives jailed for illegally promoting gambling, as a protracted saga that forced the Australian casino operator to cancel global expansion plans and hurt profits nears an end. Jason O'Connor, head of international VIP gambling with the casino giant, was released...
