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Economy 19 Mar 2019 | 12:00 AM

NFO sales rebound

PETALING JAYA: Industry gross number forecast operator (NFO) sales are on a rebound, following active enforcement by the authorities to stamp out illegal gambling activities.

Corporate News 12 Feb 2019 | 12:00 AM

Macau casino stocks rally as tourism growth doubles

HONG KONG: Macau casino shares jumped after China’s Lunar New Year holiday saw tourism growth double to the world’s biggest gaming hub.

Corporate News 02 Feb 2019 | 12:00 AM

China slowdown spurs first Macau casino revenue drop since 2016

HONG KONG: Monthly casino revenue in Macau fell for the first time in more than two years as China’s economic slowdown deterred high rollers – but the drop was less steep than expected, fuelling a relief rally in gaming shares.

Property 17 Sep 2018 | 1:27 AM

Macau casinos to reopen after brief, if costly, typhoon shutdown

HONG KONG: Macau, the world’s largest gambling hub, will resume gaming Monday at all its casinos after Typhoon Mangkhut forced a 33-hour shutdown of resorts including Sands China Ltd. and Wynn Macau Ltd. that’s estimated to cost operators as much as $186 million in revenue.

Business 08 Sep 2018 | 12:00 AM

Grumbling about the new Malaysia

Speakeasy by S. Jayasankaran
An optimist believes we live in the best possible world. A pessimist is afraid that it might be true.

Business 10 Aug 2018 | 12:00 AM

Australia’s Crown annual profit jumps as Asian gamblers return

SYDNEY: Australia’s biggest casino operator, Crown Resorts Ltd, said its annual profit rose 12.7%, beating expectations and sending its shares to a three-year high, as resurgent demand from high-stakes gamblers boosted turnover.

Analyst Reports 23 Jun 2018 | 12:00 AM

How to make nothing from something

According to the police, nine people have been arrested in Penampang, Sabah for running an illegal ring that took bets on the World Cup.

Business 23 Mar 2018 | 12:00 AM

Buying Wynn could be Genting’s jackpot opportunity

GENTING Bhd chairman Tan Sri Lim Kok Thay has never quite gotten over losing out on a Macau casino licence.

Corporate News 22 Mar 2018 | 8:10 AM

Buying Wynn could be Genting jackpot opportunity Gadfly

SYDNEY: Genting Bhd chairman Tan Sri Lim Kok Thay has never quite gotten over losing out on a Macau casino licence.

Corporate News 14 Feb 2018 | 12:00 AM

MGM opens for Macau holiday players as China challenge looms

HONG KONG: MGM Resorts International’s debut of its US$3.4bil property is the latest bet on the world’s biggest casino hub, as licensing bids and China’s proposal to allow gambling on a nearby island cast uncertainties over Macau’s future.