Betting Against Macau Casinos
Markit - Seeking Alpha - Thu Nov 06, 7:11AM CST
China's austerity drive has hit Hong Kong-traded casino shares hard in recent months, a trend which has seen short sellers target the sector. The news went from bad to worse for Macau casinos earlier this week when the Macau Gaming Inspection and...
MPEL: 27.54 (+0.78), MGM: 21.46 (+0.22)
IGT and LT Game Form Partnership to Expand Game Distribution
Business Wire - Thu Aug 14, 6:30AM CDT
Two of the world's most innovative gaming service and product suppliers are joining forces to expand distribution in Macau and North America, in a three-year agreement between global casino gaming entertainment leader IGT and Paradise Entertainment Limited subsidiary LT Game. Under the terms of the agreement, IGT will distribute LT Game's live and electronic table game systems in the United States and Canada, while LT Game will serve as distributor for IGT's slot machines in Macau.
IGT: 17.20 (-0.04)
LT Game Receives Formal Written Approval from the Nevada Gaming Control Board
Business Wire - Thu Jul 03, 12:55AM CDT
Paradise Entertainment Limited is pleased to announce that its subsidiary, LT Game Limited's ("LT Game"