Long-time Wynn Resorts financial executive John Strzemp II passes away
Long-time Wynn Resorts executive and semi-professional poker player John Strzemp II has passed away aged 73 after a long battle with illness, with his passing coming on the same day as that of the company’s co-founder Elaine Wynn. As noted...
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Development cost of Suntrust’s Manila hotel and casino climbs to US$1.25 billion as Summit Ascent subscribes to more bonds
A subsidiary of Summit Ascent Holdings – the operator of Russia’s Tigre de Cristal in Vladivostok – has entered into a Subscription Agreement with Suntrust Resort Holdings under which it has conditionally agreed to subscribe to Convertible Bonds up to...
Macau’s mass baccarat revenue looks to have reached a new normal at US$4.3 billion in 1Q25
Macau-wide gross gaming revenues from mass baccarat reached MOP$34.3 billion (US$4.29 billion) in the three months to 31 March 2025, comprising 59.4% of all gaming revenues for the period according to information from the Gaming Inspection and Coordination Bureau (DICJ)....
Wynn Palace to launch new destination food hall Gourmet Pavilion on 29 April
Wynn Palace will officially open its new high-end Gourmet Pavilion food hall on 29 April, offering a variety of diverse culinary offerings from across Asia. Created by the world-renowned David Collins Studio, Gourmet Pavilion offers a combination of elegant European...
IAG’s Andrew W Scott talks latest Star Entertainment developments on Australia’s Sky News
IAG’s Vice Chairman and CEO has appeared on Australia’s Sky News to discuss the latest developments at Star Entertainment Group, which this week reported an AU$302 million loss for FY24 just days after locking in an AU$300 million bailout from...
Mindslot-e to make G2E Asia debut in 2025
Mindslot-e will make its debut at G2E Asia 2025, to be held at The Venetian Macao from 7 to 9 May, where it will present a powerful lineup of gaming technologies at Booth B1917. In collaboration with industry leaders Alfastreet...
1xBet becomes Global Betting Partner of the Billie Jean King Cup by Gainbridge
CLIENT PROMOTION Global bookmaker 1xBet has entered into an exclusive partnership agreement with the Billie Jean King Cup by Gainbridge – the premier year-long international team competition in women’s tennis. Described as the women’s World Cup of Tennis, the Billie...
MGM China refinances debt via new US$3 billion revolving credit facility
MGM China has entered into agreements with certain lenders to make available a revolving credit facility of up to HK$23.4 billion (US$3.0 billion), the company announced via a Hong Kong Stock Exchange filing. The proceeds of the facility, which has...
