Las Vegas Sands Corp. announced last Friday a quarterly dividend payment of US$2.50 per share to some of its embattled stockholders.
The dividend will apply to its 10% Series A Cumulative Perpetual Preferred Stock and be paid to those holding the relevant stock as at close of business on the New York Exchange on 5th February this year.
The dividend payment will be made on 17th February.
I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...
The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...
Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...
Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...
The Macau government has revealed it will allocate the gaming tables and slot machines located within the city’s satellite casinos back to the concessionaire under which each satellite currently operates. The significant development was announced by André Cheong Weng Chon,...
Macau's Secretary for Economy and Finance, Tai Kin Ip, said Monday that concessionaires must fully absorb all employees from satellite casinos currently operating under their gaming concessions once those satellites close down at the end of the year. His comments...
Macau’s gross gaming revenue is estimated to have reached MOP$5.2 billion (US$643 million) or MOP$650 million (US$80.4 million) per day through the first eight days of June – lower than May’s daily average of MOP$684 million (US$84.6 million) but still...
All of Macau’s satellite casinos will cease operations at the end of the year, according to information made public Monday by the related concessionaires. However up to two – L'Arc and Ponte 16 – may continue as casinos after acquisitions by...
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