Hong Kong

Wynn Macau not involved in Genting Hong Kong hotel project

Wynn Macau Limited, one of Macau’s leading operators of luxury integrated resort casinos, has proclaimed that it has no involvement in a new hotel project that is being developed by an auxiliary unit of Genting Hong Kong Limited.

The massive hotel project in question is being developed by China’s state-owned real estate contractor China Civil Engineering Construction Corp (CCECC) on a waterfront site at Macau peninsula's Nam Van area.

Hong Kong, Macau working on ‘travel bubble’ to allow SARs residents to travel without being quarantined

Hong Kong and Macau authorities are working on a “travel bubble” that would allow residents of the Chinese Special Administrative Regions (SARs) to travel freely between the two territories without the need for a fourteen-day quarantine on both ends.

Suncity boosts stake in Russia’s largest casino operator Summit Ascent to majority position

Hong Kong-listed Suncity Group Holdings Ltd. has confirmed that it has boosted its stake in Russian casino operator Summit Ascent Holdings from 24.74 per cent to 69.78 per cent at a cost of approximately HK$1.24 billion (US$160m).