gambling

Illustration of a slot machine in a Macau casino

Macao’s end of an era, and a ghost ship in search of a business

An era has ended in Macao with the planned closure of the city's remaining "satellite casinos" by the end of the year. Does this represent the latest step in the corporatization of Macao? And former financier-turned-educator-turned -food seller Qudian has announced it's pulling out of its latest foray into last-mile delivery. What value for investors is there in this kind of ever-changing company?
QD.US
Melco International will close operations of Grand Dragon Casino.

‘Satellite casino’ era winds down in transforming Macao

The phasing out of smaller casinos operated by licensed gaming firms in non-gaming properties could help to boost gaming company margins Key Takeaways: All 11 of Macao’s “satellite casinos” will…
0200.HK 0027.HK 0880.HK
livestreaming games

BRIEF: MGM China’s growth slows in fourth quarter

Casino operator MGM China Holdings Ltd. (2282.HK) said on Thursday its revenue rose 4% to $1 billion in the fourth quarter from $983 million a year earlier, crediting improved casino…
2282.HK

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