Tag archive for ‘Macau’
Jewish Business News On Friday, November 20th, 2015

Wynn Delays Opening Of New $4.1 billion Macau Casino

A $4.1 billion casino project from Wynn Resorts in Macau will open in June 2016 rather than in March, the company said this week. The company said that construction issues are the reason for the three-month More...

Jewish Business News On Thursday, November 19th, 2015

Watchdog group seeks probe of billionaire Adelson’s U.S. political donations

    A U.S. government watchdog group has asked two federal oversight agencies to investigate billionaire Sheldon Adelson to determine if any money he donated to political campaigns in the past was More...

News Brief On Saturday, October 17th, 2015

Wynn: Macau casino crackdown ‘preposterous’

    The casino magnate let loose on a conference call Thursday after his company’s Macau division reported a net revenue decline of nearly 40%. “In my 45 years of experience, I’ve More...

News Brief On Sunday, September 27th, 2015

Wynn Resorts rides winning reputation

  Casino and resort operators may not be the first place you look when the stock market is in a funk, but Wynn Resorts (Nasdaq: WYNN) deserves consideration. Its shares have lost more than half of their More...

James Packer of RatPac-Dune Entertainment
News Brief On Thursday, August 13th, 2015

Billionaire James Packer steps down as Crown Resorts chair

Billionaire James Packer has stepped down as chairman of Crown Resorts with the gambling tycoon taking on a new executive director role with oversight of the company’s $4 billion Las Vegas casino. Robert More...

News On Thursday, July 23rd, 2015

China Fears CIA Used Macau Casinos to Recruit Officials

The Chinese government feared the Macau branch of Adelson Casinos, Sands China, a United States casino company owned by billionaire gambling magnate and Republican party funder Sheldon Adelson, was being More...

Vijeta Uniyal On Tuesday, June 9th, 2015

Stanley Ho Divests from Portuguese Shipping Business

Billionaire Asian businessman Stanley Ho has divested from Portline Containers International after the company’s assets in the Portmar Shipping Agency and Portline Logistics were spun-off to Lisbon-based Terminal More...

Kurt Tucholsky On Friday, May 29th, 2015

Amidst Legal Woes, Adelson Bets Big on Macau

  Despite recent legal woes caused by a lawsuit brought by his former top executive in Macau, Sheldon Adelson  remains bullish on THE Chinese market. “Supply will create the demand, ” Las Vegas Sands’ More...

Kurt Tucholsky On Monday, May 25th, 2015

Adelson, Las Vegas Sands to Face Graft Lawsuit

Sheldon Adelson, owner of Las Vegas Sands, suffered a major setback in the lawsuit brought by former Sands China CEO Steven Jacobs accusing him of wrongful termination. On Friday, Judge Elizabeth Gonzalez More...

Eli Horn On Wednesday, April 22nd, 2015

Chinese Conglomerate Becomes Top Shareholder in Jeff Robinov’s Studio 8

Fosun International, one of China’s biggest investment firms, has become the largest investor in Studio 8, a U.S. production company led by movie executive Jeff Robinov. The two companies held negotiations More...

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