Tag Archives: Success Universe
- Success Universe disposes stake in China lottery business
September 11, 2017
Macau casino investor Success Universe Group Ltd. is disposing of its stake in a gaming technology firm as it tries to mitigate its ballooning losses. In a disclosure to the Hong Kong Stock Exchange on Friday, Success Universe announced that it is selling its stake and loans in Honour Rich...
- Success Universe not so successful in H1
August 31, 2017
Macau casino investor Success Universe Group Ltd. was in a losing streak during the first half of the year, with revenues declining and losses ballooning. In a disclosure to the Hong Kong Stock Exchange on Wednesday, Success Universe reported a 67 percent increase in its net loss during the January...
- 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...
Newest Cambodian casino was NOT built in Thailand nat’l park
March 21, 2017
New Cambodia border casino sparks trade war with Thailand
April 19, 2017