Guy Laliberté, founder of Cirque de Soleil, a life like in the movies
I don’t even know where to begin to introduce this personality whose vision and ambition transformed the circus from a popular form of entertainment that everyone can enjoy into an art of entertainment and creation. Guy Laliberté has shown the world a complex personality, from circus visionary to philanthropist, space tourist, poker player and billionaire now developing investments in art, technology and entertainment. Find his...
Macau catalysts distinct from other China sectors
While Macau gaming stocks have underperformed Hong Kong’s Hang Seng Index by 7% so far in May, there are reasons why investors should categorise them differently from other equities with exposure to China consumer markets, suggests a report issued recently by the Morgan Stanley banking group. The institution made reference to a sustained sell-off by investors earlier this month, despite the improving trading situation in the Macau...
Wynn Macau Ltd asked US$6mln for Macau permit extension
Wynn Macau Ltd says its operating entity in the Macau casino market has been asked by the local government to pay MOP47.0 million (US$5.8 million) in return for a circa six-month extension on its present gaming concession, which is currently due to expire on June 26. Wynn Macau Ltd – which runs the Wynn Macau casino resort on the city’s peninsula, and Wynn Palace in the Cotai district – gave the information in its annual report filed...