Tag Archives: jimei international entertainment group
- Jimei junking junkets for film biz; Duterte targets Jack Lam buddy
June 30, 2017
Casino junket operator Jimei International Entertainment Group is branching out into the world of cinema now that its gaming operations have dried up. On Wednesday, Jimei alerted the Hong Kong Stock Exchange that the company had hired noted film director F. Gary Gray “in relation to the development and production...
- Jimei International scraps Macau junket talks, mulls name change
June 21, 2017
Junket operator Jimei International Entertainment Group Ltd has scrapped talks to participate in a Macau casino VIP gambling operation. On Wednesday, Jimei informed the Hong Kong Stock Exchange that it had terminated negotiations to indirectly participate in a profit sharing deal with a Macau VIP gaming promoter. The filing didn’t...
- Jack Lam gives up Jimei International chair post
June 1, 2017
Veteran Macau junket investor Jack Lam has resigned from his position as chairman of Jimei International Entertainment Group, effective immediately. Aside from leaving his chairman post, Lam has also stepped down as executive director, the Hong Kong-listed junket investment company said in a filing on Wednesday. Lam is replaced by...
- Jack Lam unloads controlling interest in Jimei International
April 20, 2017
Embattled online gambling operator Jack Lam has sold his controlling stake in Jimei International Entertainment Group Ltd, the Hong Kong-listed junket investment company announced on Wednesday. Jimei International disclosed in a filing that the deal, which took place last April 7, involved a maximum consideration of HK$443.2 million (US$57 million)...
- Jimei junket loses big in 2016, scraps NagaWorld deal
March 30, 2017
Junket investor Jimei International Entertainment Group booked a significant loss in 2016 despite recording a slight revenue increase. In a filing with the Hong Kong Stock Exchange on Wednesday, Jimei said it booked a net loss of nearly HKD 51m (US $6.5m) in 2016 despite gaming revenue rising 8% to...
- Duterte: Jack Lam can resume Philippine gaming once tax paid
December 8, 2016
Philippine President Rodrigo Duterte says fugitive casino/junket/online gambling operator Jack Lam can resume his local gaming operations provided he settles his outstanding tax obligations and stops trying to bribe local officials. On Thursday, Duterte (pictured left) told reporters that Lam (on the right) had indeed sent “feelers” about returning to...
Okada Manila eyes Philippine backdoor listing
May 2, 2017