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Bright long-term growth prospects in store for group
SYDNEY: Crown Resorts Ltd isn’t fit to run its new flagship Sydney casino unless it replaces its chief executive officer and restructures the board, an inquiry recommended after a probe exposed wide-ranging governance and anti-money laundering failure
LONDON/NEW YORK: Short sellers betting against European and U.S. travel, leisure and bank stocks lost billions of dollars on Monday, after news of a COVID-19 vaccine triggered a rally in shares of companies that have suffered under months of virus-fueled restrictions and lockdowns.
Macau predicts shift in travel patterns as Covid-19 limits tourism to short-haul, short stay visitors
HONG KONG, Oct 12 (SCMP): Time spent on trip planning and pertinent reservations may be shortened, while many may opt for short-haul travel, tourism director says‘Golden week’ holiday did not bring many good news as arrivals, mostly from mainland China, slumped by almost 90 per cent
BENGALURU: Wynn Resorts Ltd posted a wider-than-expected loss for the second quarter, as the Covid-19 pandemic kept customers away from gaming tables and hurt the US casino operator’s gambling revenue.
The reopening of casinos does not necessarily mean that the crowds would flock to the gaming and entertainment centres, as seen in the Macau example. The borders have to open as well.
MACAU/HONG KONG: Stanley Ho, a onetime kerosene trader who built a casino empire in Macau that propelled the Chinese island past Las Vegas as the world’s biggest gambling hub, has died at age 98, his daughter Pansy said.
Wynn Resorts Chief Executive Officer Matt Maddox on Sunday called on the Nevada governor to begin to reopen the Las Vegas Strip in mid- to late May with extensive safety measures in place, assuming the state is in line with certain benchmarks around the spread of the coronavirus.
(Reuters) - Wynn Resorts