Arkivji Tag: Sun City
Iċ-Ċina – Il-kap ta’ Sun City junket defunt ikkundannat 18-il sena fil-Makaw
Alvin Chau Cheok Wa, the founder of Macau junket operator Suncity Group, has been sentenced to 18 years in prison having been found guilty of fronting a criminal gang, illegal gambling activities, and fraud. Judge Lou Ieng Ha said: “Chau Cheok Wa was aware of and received illicit gains from the activities. The staffers of…
Russia – Summit Ascent increases shareholding in Tigre de Cristal
An off-shore Russian subsidiary of Hong Kong-listed Summit Ascent Holdings has increased its shareholding in Oriental Regent Limited (ORL), the operating force behind Tigre de Cristal in Primorye near Vladivostok, by 10 per cent to 77.5 per cent in a move that will help fund the Phase II expansion of the casino. It could still…
South Africa – Time Square helps Sun International post positive results
Despite the difficult political landscape and a challenging operating environment, Sun International’s South African operations achieved two per cent growth in income and four per cent in adjusted EBITDAR due to ‘a dedicated focus on efficiencies, cost containment and enhancing the guest experience.’ Time Square, Sibaya and Sun Slots performed well with income increasing by…
Vietnam – Sun City completes purchase of Hoiana shares
Macau junket operator Suncity Group has completed its purchase of just over a third of a share in Hoiana, the integrated resort project to open in Hoi An South in Vietnam next year. Suncity subsidiary Goal Summit now owns the entire equity 34 per cent interest previously owned by Star Admiral. It joins the project’s…
Vjetnam – VinaCapital tikkonferma US$4bn Hoina casino resort fil-Vjetnam
VinaCapital, kumpanija tal-proprjetà immobbli fil-Vjetnam, ikkonfermat li se tiftaħ Hoiana, resort każinò ta’ 4 biljun dollaru Amerikan f’Hoi An, fuq il-kosta ċentrali tal-Vjetnam, sa l-ewwel kwart tal-2019. Deskritta bħala ‘destinazzjoni integrata għat-turiżmu u d-divertiment, Hoiana se tinbena tul medda ta’ 4km ta’ art fuq il-bajja 5km biss mill-UNESCO World...