Legislative Assembly Electoral Affairs Committee (CAEAL) President Tong Hio Fong said on Wednesday that his committee had decided not to postpone the September 17 polling day in spite of the devastation caused by Typhoon Hato last week, after evaluating various factors.
Monthly Archives: August 2017
Hundreds of gaming workers gathered at the Labour Affairs Bureau (DSAL) to lodge complaints against a gaming operator for unreasonable treatment… did not reveal the name of the gaming operator in question. The workers intended to discuss the issues with representatives of the company but were later informed by DSAL that the company representatives could not attend the meeting.
A gate for managing tides in the Inner Harbour. With work slated to start as soon as 2019. Deputy head of the Land, Public Works and Transport Bureau (DSSOPT) Cheong Ion Man says the construction of a tidal gate construction in the city’s Inner Harbour area could hopefully commence as soon as 2019.
Gaming operator Galaxy Entertainment Group (GEG) last t announced a list of benefits for its staff members during typhoons, saying that the company and its employees had learnt an important lesson after Typhoon Hato. Galaxy Macau’s Facebook page was flooded with negative comments with netizens complaining that the company had required staff to report to work during the typhoon.
Galaxy Entertainment Group Ltd. posted its biggest quarterly earnings gain in almost five years… adjusted earnings before interest, taxes, depreciation and amortization climbed 45 percent to about $420 million in the second quarter.
Melco International Development reported nearly a four-fold jump in net revenue for the first half of 2017… In July, Melco Resorts reported an 18 percent increase in revenue, EBITDA reached US$682.8 million, representing an increase of 38 percent.
The developer of Jeju Shinhwa World in South Korea, Landing International Development Limited, has announced it is ‘exploring the possibility’ of moving its Landing Casino located on Jeju Island to the theme park currently under construction, the company said.
Summit Ascent Holdings, operator of the Tigre de Cristal in Vladivostok, saw revenues jump 20 percent reached HK$204.6 million. The company recorded a net loss of HK$5.3 million… rolling chip business, which saw a 140 percent increase in 17H1 to HK$8.4 billion. The operator says it expects the simplified visa regime for foreign visitors to Vladivostok, which began in August 2017, will accelerate the growth of foreign tourism and provide additional room to further ramp up its business.
Fortuna Entertainment Group… record a 40% group revenue increase to 720 million, of which 650 million would be contributed by its sports betting and gaming activities… a period gross-win of 100 million euros, up 20%…EBITDA of 7.6 million euros down 22%…net profits of 2.5 million euros.
Austrian gaming equipment maker and operator Novomatic AG says it had “record sales” in the six months to June 30… $1.45 billion, up by 11.3 percent in year-on-year terms.