Asia-Pacific News
Macau
Matthew Ossolinski, chairman, Ossolinski Holdings, says concerns of a crackdown on money laundering in Macau were overblown and resulting share price dips on casino firms a good time to buy.
Dragon Corporation is aiming to raise half a billion dollars through token sales in an effort to bring blockchain into the gambling world.
Hengqin is being transformed into China's newest tourism haven and is dubbed by some as the country's answer to Florida's Orlando.
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.
Chinese People's Liberation Army troops were deployed onto the streets of Macau to help clean up in the aftermath of a devastating typhoon.
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.
Macau granted a Trump-tied company additional trademarks, including for casino services and hotels, to develop the Trump brand there.
Macau's casino outlook seems positive, but China's possible entry into the market may pose threats eventually, says Grant Govertsen of Union Gaming Group.
Shares of high-end hotel operator Wynn Resorts fell 4 percent after the company said gambling at their Macau tables decreased.
Wynn Macau might have disappointed with its mass-market performance, but Alex Bumazhny of Fitch Ratings says he's positive about an uptick in traffic.
Wynn Resorts CEO Steve Wynn on Tuesday cautioned analysts against "short-term myopia" in defending Macau's mass market softness.
The China Greater Bay Area plans aim to link up city clusters with capabilities across sectors, says Edward Cheung of Cushman & Wakefield.
Chinese President Xi Jingping's Hong Kong trip chilled visitation to Macau and may explain a late June slowdown in the gambling mecca.
While China has many airports with few passengers, growth in demand for services in the delta is giving a boost to regional airports, the SCMP reports.
Former Olympic gold medallist Kong Linghui is being sued in Hong Kong by the Marina Bay Sands resort in Singapore, the SMCP reports.
Lawrence Ho, Melco Resorts & Entertainment, says the company will focus on the potential of the Japanese markets.
The "Fast Money" traders debate the trade on casino stocks following another month of double-digit gains for Macau gaming revenues.
Hong Kong police have broken up a loan sharking syndicate that targeted Filipino domestic helpers, the SCMP reports.
Hong Kong is the costliest Asian city to get anything built due to its severe shortage of construction labor, the SCMP reports.
