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Macau gaming supervisor suspected of receiving bribes

Listen To Article A supervisor at a Macau gaming business has been investigated on suspicion of receiving bribes from work applicants, particularly mainland Chinese residents, with amounts reaching RMB 190,000 ($26,122).  According to a report by Macau’s Commission Against Corruption (CCAC), the commission had received a complaint from a local that revealed “some workers at […]

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Continent 8 Technologies expands services with AWS Solution Provider Program

Listen To Article Continent 8 Technologies – a provider of global managed hosting, connectivity, cloud and cybersecurity solutions – has announced an expansion of its partnership with Amazon Web Services (AWS). Now an official member of the AWS Solution Provider Program (SPP), Continent 8 is set to launch new managed and professional services that have

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Citi – Macau’s Big 6 EBITDA to remain strong

Listen To Article Investment bank Citi has predicted that the combined EBITDA margins for the six biggest gaming concessionaires in Macau will hit an estimated 28%; remaining strong in June 2024 .  The analysis by Citi’s George Choi and Ryan Cheung indicated that “industry EBITDA is likely to have decreased about 5% quarter-on-quarter to about

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Star Entertainment: Formal appointments announcement, notice on operational issues

Listen To Article The Star Entertainment has announced the formal appointment of its Group CFO and its Sydney CEO, with all necessary regulatory approvals received for both roles.  According to Star Entertainment’s published ASX announcement, Interim Group CFO Neale O’Connell (on 22 March 2024) and The Star Sydney CEO Janelle Campbell (on 25 January 2024) will

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Universal Entertainment’s Tiger subsidiary reports Q2 decrease

Listen To Article Universal Entertainment has announced the Q2 results of its subsidiary, Tiger Resort, Leisure And Entertainment, Inc (TRLEI), the operator of Okada Manila. According to the latest notice on the company’s official website, TRLEI has achieved “gross gaming revenue of PHP8,835m (US$151m), other revenue of PHP1,004m and adjusted segment EBITDA of PHP2,146m for

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