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"The 13 Hotel" shattered dreams of 12.5 billion: Macau's most luxurious gamble ends in a fire sale, marking the end of the real estate and gambling myth?

"The 13 Hotel" shattered dreams of 12.5 billion: Macau's most luxurious gamble ends in a fire sale, marking the end of the real estate and gambling myth?

The "The 13 Hotel," once known as the most luxurious hotel in Macau, was recently resold to local investors for only HK$600 million, shocking the industry. This price represents a drop of over 90% from its original construction cost of HK$12.5 billion (US$1.6 billion), marking it as a symbolic case

30like·0comment06-26
Outside the UK, Brazil remains the fastest growing market - Entain Dean

Outside the UK, Brazil remains the fastest growing market - Entain Dean

Dean told analysts, "We have adopted the same operational transformation approach in the UK as in Brazil, and although the transformation in the UK is still in its early stages, we have already seen encouraging signs of recovery."As Brazil is Entain's fastest-growing market, Dean explained that Braz

0like·0comment2024-08-20
Entain makes the UK the core of its transformation plan

Entain makes the UK the core of its transformation plan

Company executives expressed to analysts this morning that 2024 is a "transformational" year for Entain, with success depending on victories in Brazil and the UK.Entain's Chief Commercial Officer and President Sameer Deen stated at the operator's mid-term performance release that achieving victories

0like·0comment2024-08-19

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