Tag Archives: Success Universe
- Success Universe 2016 revenue slumps three-folds
March 31, 2017
Macau casino investor Success Universe Group Ltd.’s net loss widened by as much as 364.4 percent last year on the back of weak revenues. In a disclosure to the HongKong Stock Exchange on Thursday, Success Universe said its net loss grew to HKD31.0 million (US$4.0 million) in 2016. Last year,...
- Macau’s Ponte 16 may include gaming, says Success Universe
February 22, 2017
Macau casino investor Success Universe Group Ltd. is looking to add gaming to the third phase of its majority-owned Ponte 16 casino and hotel. GGRAsia reported that Success Universe has yet to submit a final construction plan for its hotel and casino complex near Macau’s Inner Harbor. For now, Success Universe...
- Success Universe’s H1 net loss widens by 563%
August 31, 2016
Macau casino investor Success Universe Group Ltd. is not feeling successful in the first half of the year as reflected by its widening net loss and slumping revenues. Success Universe’s net loss ballooned to HK$12.6 million (US$ 1.62 million) during the January to June 2016 period, a 563 percent surge...
- NagaCorp reports increased GGR; Success Universe eyes Macau license
February 5, 2015
Cambodian casino operator NagaCorp reported a 17% increase in gross gaming revenue to $381.4 million as VIP betting volume increased 35% to $6.2 billion. The company that operates Cambodia’s biggest casino, NagaWorld, is taking full advantage of Macau’s gambling slowdown, especially with VIPs and high rollers who are beginning to explore...
- Hong Kong police break up triads fighting over casino cruise ship passengers
July 13, 2014
Macau casino investor Success Universe Group (SUG) has officially disposed of its stake in Hong Kong-based casino cruise ship Macau Success. Star Sail Investments Ltd. paid HKD 93m (US $12m) to acquire SUG’s 55% stake in the nine-deck passenger vessel. SUG chairman Sonny Yeung acknowledged that the casino cruise business...
- Success Universe selling stake in casino ship while Genting expands its own fleet
June 12, 2014
Genting Hong Kong is looking to expand its fleet of cruise ships. Genting, which operates the Star Cruises line of floating casinos, recently announced it had secured $825m in financing to help pay German shipbuilder Meyer Werft GmbH to build the vessel. Genting didn’t specify whether the new addition to...
US targets North Korea’s online gambling operations
March 23, 2017
Genting sizes up possible smaller Star City casino in UK
March 28, 2017