Tag Archives: hengsheng group
- Macau junket thief invites victims to come to Vietnam to discuss repayment of $1.3b
October 14, 2016
The man who stole $1.3b in casino junket investor funds two years ago is promising to do whatever he can to repay those victimized by his theft. In April 2014, Macau’s casino industry was rocked by reports that Huang Shan, a shareholder in the Kimren Group junket operation, had absconded...
- Donaco terminates junket deal with Heng Sheng Group after less than six months
February 24, 2016
Asian casino operator Donaco International has cut its ties with junket operator Heng Sheng Group less than six months after the companies started working together. Donaco released its fiscal H1 earnings report on Wednesday, which included the revelation that the company had terminated its agreement with Heng Sheng in January....
- Imperial Pacific books $28.5m profit off Macau casino junket decline
October 31, 2015
Macau’s VIP gaming downturn has prompted the early termination of a deal between junket operator Hengsheng Group and casino operator Imperial Pacific International Holdings Ltd. In January 2014, the Hong Kong-listed Imperial Pacific agreed to pay HKD 400m in convertible notes for a 5% share of the profits of Hengsheng...
- Donaco, Heng Sheng Group ink junket deal for new Star Vegas VIP room
August 23, 2015
Casino operator Donaco International has enlisted the help of junket operator Heng Sheng Group to funnel VIP gamblers to Donaco’s Star Vegas casino in Poipet, Cambodia. The two parties announced this week that they’d signed a three-year deal under which Heng Sheng will bring high-rollers to a new VIP gaming...
- Macau junket operator David Group reportedly shutting VIP rooms
January 15, 2015
Macau junket operator David Group is reportedly cashing in its chips, underscoring the difficulties facing all facets of gaming operations in the world’s largest casino hub. On Thursday, analysts at Nomura reported that David Group was “in the process of shutting down its VIP rooms in Macau.” David Group is...
- How many Macau junket operators are currently swimming naked?
September 29, 2014
Macau casinos can expect 1.5m visitors during the upcoming Golden Week festivities, according to government estimates. The annual weeklong Chinese holiday kicks off Oct. 1 and visitation traditionally mirrors annual growth figures. Since the year-to-date visitation is up 7.5%, Macau’s government expects an 8% improvement over last year’s 1.4m Golden...
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017
Execs to take on blockchain at iGaming Asia Congress 2017
March 21, 2017