TOPSHOT – A general view of Marina Bay Sands hotels and resorts is seen lit-up in Singapore on … [+] November 19, 2020. (Photo by Roslan RAHMAN / AFP) (Photo by ROSLAN RAHMAN/AFP via Getty...
Tag: Macau
MGM, Wynn, Las Vegas Sands stocks surge as Macau renews licenses
Shares of some casino operators surged Monday, after Macau tentatively renewed their casino licenses, after the company pledged to make investments in attractions not related to gambling, as the Assoc...
Macau Debating Over a Bill to Render Digital Currency
2 hours ago | 2 mins read Editors News Macau’s Executive Council proposed a bill that would have the intention to accept CBDC as a legal Tender. The government has not set a date or defined which digi...
Macau Plans to Legalize Digital Currency. Here’s how it might affect the casino industry
Macau is a special administrative region in the PRC. A draft law legalizing digital currency was submitted to the legislative council. The law could change the casino industry dramatically – benefitti...
Digital Currency To Soon Become Legal Tender In Macau
Macau is inching closer to the eventual adoption of a digital currency as it strives to develop a more comprehensive set of measures to prevent the flow of dirty money and tax evasion in the largest g...
Macau is planning to launch a digital currency as legal tender
Join Our Telegram channel to stay up to date on breaking news coverage The city of Macau is exploring having a digital currency as legal tender. Macau is a special administrative region in China and i...
Macau Discusses Bill That Proposes to Make Digital Currencies Legal Tender – Regulation Bitcoin News
Macau, one of China’s special administrative regions, recently concluded discussing a bill that seeks to make digital currencies legal tender, a report has said. The report also suggested that individ...
Is Wynn Resorts a ‘buy’ as Macau reopens for China?
Wynn Resorts Limited (NASDAQ: WYNN) ended more than 10% up on Monday after Macau said tour groups from mainland China will be allowed to visit the gambling hub starting from November. Jefferies’ David...
Travel Plays Fly On Hong Kong & Macau Reopening, PBOC Pumps Brakes On CNY Depreciation
China Last Night KraneShares Key News Asian equities were off with an emphasis on growth stocks except for Hong Kong, as internet stocks outperformed. Hong Kong finally saw some positive catalysts as ...
Hong Kong Billionaire’s K. Wah Wins Shanghai Real Estate Bid, Sees “Excellent” Opportunity
Shanghai’s economy has been hurt this year by fallout from the country’s “zero-Covid” policies. … [+] Photographer: Qilai Shen/Bloomberg © 2022 Bloomberg Finance LP Hong ...
Malaysian Billionaire Lim Kok Thay Makes Long-Shot Bid For Macau Casino License: Analysts
Casino Lisboa is reflected in the pool of the Wynn Casino & Hotel in Macau. Rick Friedman/Corbis via Getty Images Lim Kok Thay is facing an uphill battle in his bid to win a casino license in Maca...
Best hotels for business travelers in Asia-Pacific
Business travelers are on the road again. So there’s no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific. CNBC joined with the market and consumer data...
Hong Kong, Bangkok, Tokyo, Singapore
Hong Kong is the top destination in Asia for foodies this year, according to new rankings released by the 50 Best organization. The city is home to 16 of the region’s “best” 100 rest...
Macau Casino Licenses Expire First Time In 20 Years, China To Leverage This For Implementing Digital Yuan
Regulators of China plan to initiate experiments of using digital yuan in casinos in Macau, as casinos start to bid on new licenses. As per reports, the huge market of casinos estimates about 90% of t...
Macau Casinos Could Become Digital Yuan Laboratories
As Macau casinos bid for new licenses, Chinese regulators could use the leverage to introduce experimental implementations of the digital yuan. Current concessions in the $37 billion market are set to...
Macau Likely to be Test Bed for China’s Digital Yuan: Reuters
Macau is expected to be a testbed for China’s digital yuan, also known as the e-CNY, as casino owners prepare to bid for new licenses in the city for the first time in two decades. Chinese regul...