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Wynn Resorts eliminates founder’s villa perk in pay overhaul

Steve Wynn, the founder of Wynn Resorts Ltd., will have to pay for his personal residence out of his own pocket, according to a company ... Full story

CORPORATE BITS: MGM’s “King of Cakes” calls for a cup of coffee

While enjoying their time watching the fish swimming around at MGM Macau’s Grande Praça, guests will now be able to smell the famous Baumkuchen, a ... Full story

GAMING: Adelson ‘needs more rooms’ in Singapore

Las Vegas Sands Corp. has asked Singapore authorities for more land to increase rooms at its resort in the city-state by about 60 percent after ... Full story

CORPORATE BITS: Gaming, Racing & Wagering Australia 2014 Conference

Gaming, Racing & Wagering Australia 2014, a conference for Australia’s gaming, racing and sports betting professionals, will be held at the Swissotel on 11-13 August, ... Full story

GAMING: Galaxy Entertainment drops as quarterly profit lags estimate

Galaxy Entertainment Group Ltd. fell the most in more than a week in Hong Kong after reporting earnings that missed estimates.Galaxy dropped 2.8 percent to ... Full story

INTERNET: Yahoo stock surges in anticipation of Alibaba IPO 

Yahoo is getting another lift from its stake in China’s Alibaba Group, a thriving Internet com-pany that has helped mask Yahoo’s own financial funk.Investors latched ... Full story

DIGITAL CURRENCY: Nakamoto hires lawyer in Newsweek bitcoin fight 

The man Newsweek claimed is the creator of bitcoin has hired a lawyer in an attempt to clear his name, repeating a denial he made ... Full story

GAMING ALERT: South Korea approves foreign casino to lure Chinese bettors

South Korea approved construction of its first foreign-owned casino resort as Asia’s fourth-largest economy tries to emulate Macau and Singapore in attracting more tourism spending from ... Full story

CORPORATE BITS: BNU donates MOP812,500 to the University of Macau

BNU donated MOP 812,500 to the University of Macau in a ceremony chaired by Prof. Wei Zhao, UM’S Rector and Mr. Pedro Cardoso, President of ... Full story

Monetary Authority refuses to discuss money laundering through UnionPay cards

The president of the Monetary Authority of Macau (AMCM), Anselmo Teng Lin Seng, refused to comment on the recent report that claimed a large amount ... Full story

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