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LRWC, China group plan Boracay casino resort

2017-12-12 philstar
MANILA, Philippines — Galaxy Entertainment Group Ltd. is betting big on the Philippines through a partnership with Leisure and Resorts World Corp. (LRWC), the listed gaming company founded by Negros Occidental Rep. Alfredo “Albee” Benitez.

LRWC in talks for Boracay casino, resort

2017-12-12 bworldonline
LEISURE and Resorts World Corp. (LRWC) disclosed on Monday negotiations with a gaming firm based in Macau on a possible partnership for a beach resort and casino in Boracay island.

Macau’s Galaxy Entertainment plans up to $500 M casino resort in Boracay

2017-12-08 bworldonline
Macau casino operator Galaxy Entertainment Group Ltd 0027.HK plans to invest as much as $500 million to build an integrated casino-resort in the Philippines, the company and Manila’s gaming regulator said on Friday.

UPDATE 1-Macau casino revenue rises 23 pct on year in November

2017-12-01 reuters
Dec 1 - Casinos in the world’s biggest gambling hub of Macau posted a 22.6 percent revenue jump in November from a year earlier, marking the sixteenth consecutive month of growth, government data showed on Friday.

K Wah International: A Premier Value Compounder At A Bargain Price

2017-11-28 seekingalpha
This Hong Kong & China real estate company generated a return for shareholders (NAV appreciation + dividends) of 845% from 12/31/03 to 6/30/17, an annual IRR of 18%.

Short Memories at Macau Casinos - Bloomberg Gadfly

2017-11-15 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (3-0)

Casino ETF (BJK) Hits New 52-Week High

2017-11-13 zacks
For investors seeking momentum, VanEck Vectors Gaming ETF (BJK - Free Report) is probably on radar now. The fund just hit a 52-week high and is up nearly 31.5% from its 52-week low price of $33.57/share.

‘Golden Week’ lackluster as home sales plummet

2017-10-09 bworldonline
SHANGHAI/HONG KONG — China’s Golden Week is leaving investors flat as figures from home sales to Macau casino revenue disappoint.

Macau casinos drop as Golden Week visitor numbers disappoint

2017-10-06 themalaymailonline
Macau casino shares fell amid concern that business during Golden Week may not live up to optimistic projections. File picture shows a man walking past the Galaxy Macau in Macau. — Reuters picHONG KONG, Oct 6 — Macau casino shares slumped amid growing concern that business during Golden Week may not live up to optimistic projections due to fewer-than-expected tourists to the gambling hub. (28-0)

Hong Kong stocks fluctuate as Fed says ‘unwinding’ to start next month

2017-09-21 scmp
Hong Kong stocks swung between gains and losses as traders weighed the strength of equities after the Federal Reserve said it would press ahead with unwinding its ultra-loose monetary policy. (0-1)

Donald Trump Co. Gets Trademarks in China Casino Hub Macau | Fortune.com

2017-08-07 fortune
A company linked to U.S. President Donald Trump has been granted approval from the Chinese territory of Macau for additional trademarks, including casino services, to develop the "Trump" brand in the world's biggest gambling centre.

Trump adds trademarks in casino hub Macau

2017-08-07 reuters
HONG KONG (Reuters) - A company linked to U.S. President Donald Trump has been granted approval from the Chinese territory of Macau for additional trademarks, including casino services, to develop the "Trump" brand in the world's biggest gambling center.

Tycoon to return Hong Kong’s largest quarry site to government for building 10,000 homes

2017-07-25 scmp
Tycoon Lui Che-woo, a pioneer in Hong Kong’s quarrying industry who later built his wealth in the property and casino industries, will hand back to the government the city’s largest quarry site to make way for development of nearly 10,000 new apartments.

Hong Kong Stocks Tumble Most in Eight Months as Tencent Plunges - Bloomberg

2017-07-04 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Financial stocks advance in Hong Kong as Bond Connect opens for business

2017-07-03 scmp
Financial stocks advanced in Hong Kong on Monday after the new Bond Connect programme opened mainland China’s bond market to global investors.