Sands China Foresees Recovery in Macau Casino Industry as The Company Prepares Its Newest Parisian Resort

China’s leading developer and operator of integrated casinos in Macau, Sands China, anticipate the casino industry recovery after a prolonged decline in revenues. The company is also preparing to finish its newest project, The Parisian Macao, to be launched later this year.

Read Full Article

China raises counterfeiting to the next level with a fake Goldman Sachs

The fake financial company goes by the name "Goldman Sachs (Shenzhen) Financial Leasing Co" and holds office in Shenzhen. Little was known of the counterfeit institution but before its web site went down on Wednesday, it claimed to have been established in 2013. It also makes itself more likable by saying that it is "the biggest financial leasing firm" in the place.

Read Full Article

In China's Pearl River Delta, HSBC faces a risky voyage

Every day hundreds of garment traders alight at the newly-built Humen station to ply their wares in the southern Chinese city of Dongguan, arriving on high speed trains that whoosh through the terminal every ten minutes.

Read Full Article

China to crack down on foreign casinos seeking Chinese gamblers

China will fight attempts by foreign casinos to lure its citizens abroad, a senior police official said on Friday, which could deal a blow to the gaming firms in Macau and Asian countries that rely on these punters for most of their revenue.

Read Full Article

How China's shadowy agency is working to absorb Taiwan

Ever since a civil war split the two sides more than 60 years ago, China has viewed Taiwan as a renegade province that needs to be absorbed into the mainland. To that end, the legion of Taiwanese businessmen working in China is a beachhead.

Read Full Article

For Singapore, F1 race gets tourism back on track

Singapore will be counting on its marquee Formula One race to help make up for a 30 percent drop in Chinese tourists this year.

Read Full Article

Macau court finds billionaire Joseph Lau guilty of corruption

Joseph Lau, the Hong Kong billionaire tycoon Chairman and CEO of Chinese Estates Holdings, was sentenced to five years in jail for bribery and money laundering, Reuters reported.

Read Full Article

Galaxy Entertainment to consider USD5 billion investment in Japan and Taiwan

Galaxy Entertainment Group Ltd, the second-largest casino operator in Macau, announced its intention to invest USD5 billion in Japan and China if the gambling markets open in those countries.

Read Full Article

Ho plans to build a casino in Japan valued at USD5 billion

Lawrence Ho planned to invest more than USD5 billion in Japan once Melco Crown Entertainment obtains permission to establish a casino in the country.

Read Full Article

Macau's Melco to enter Russia's entertainment industry

Melco International Development Ltd. stated it would buy its way into the Russian entertainment industry.

Read Full Article

Macau Legend Development Stocks Rise After Repriced IPO

Macau Legend Development stocks took on a rise after IPO prices were repriced.

Read Full Article

Macau Legend Development Looks for US$788 Million IPO to Fund Hotels

Macau Legend Development is seeking US$788 million initial public offering to be able to fund construction of new hotels in the country.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics