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Artelli, a Pioneering Immersive Multi-dimensional Art Space, opens in Macau

HONG KONG, Oct 30, 2022 - (ACN Newswire via SEAPRWire.com) - Artelli, the pioneering immersive multi-dimensional art space presented by Forward Fashion (International) Holdings Company Limited (02528), has opened in the heart of Cotai Strip, at City of Dreams Macau, marking a brand-new milestone in the Group's advance into high-end art projects and business diversification.The opening ceremony of Artelli, the pioneering immersive multi-dimensional art space, was held at City of Dreams Macau, with officiating guests.Artelli's first outdoor large-scale art installation at Cotai Strip - 5-meter giant "Mickey" and "Lotso"Artelli exclusively presents Satoru KOIZUMI Disney Collection Exhibition Debut in MacauArtelli exclusively presents Joshua Vides Buzz Lightyear Collection Exhibition Debut in MacauThe new project to house contemporary art and culture, marks a significant milestone in art and commerceArtelli embraces lifestyle and digital art, art community, exclusive brand crossovers and more, staying ahead of the curve with a strong devotion to build an authentic brand and high-end exhibition platform for the works of the world's top artists and the development of international art an...

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Asia Pioneer Entertainment Launches their first NFT series – Asia Tigers Club to enter the Metaverse

HONG KONG, May 4, 2022 - (ACN Newswire via SEAPRWire.com) - Macau leading gaming equipment supplier Asia Pioneer Entertainment Holdings Limited ("APE Holdings" or the "Company", with its subsidiaries referred as the "Group"; Stock Code: 8400.HK) is pleased to announce the launch of Asia Tigers Club, the Group's first NFT to enter the metaverse.Photo 1: Asia Tigers Club NFT collections are uniquely drawn by renowned Portugal artist.Photo 2: The replica of the historical Ruins of St. Paul's in Mini-Macau.Photo 3: APE Holdings CFO and Executive Director Mr. Tony Chan.Asia Tigers Club is an NFT project consisting of 8,800 uniquely created and fashioned tigers' Picture For Profile (PFPs) based on the Ethereum block chain. The pre-launch will start by the end of May and the full series will be sold via the official website www.asiatigersclub.com via direct minting only. The art-work of Asia Tigers Club was developed by established Portuguese artist Pedro Lourenco, by using traditional Chinese ink drawings coupled with modern generative art techniques. The Tiger theme is not only representative of Asia, but the character embodies the spirit, strength, adaptability and determination to bri...

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MHI Receives Contract for Extensions to the Macau LRT Network Using an AGT System

TOKYO, Apr 14, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from the Infrastructure Development Office (GDI) of the Macau Special Administrative Region in China for extensions of the Macau Light Rapid Transit(1) (MLRT) network using an Automated Guideway Transit(2) (AGT) system. The project will extend the MLRT Taipa Line opened in December 2019. MHI will make use of the accumulated knowledge of MHI Group, focusing its efforts on strengthening the system for safe and smooth transport in the Macau metropolitan area.Macau LRT (Taipa Line)This project comprises three new extensions from the Taipa Line (11 stations, 9.3km) currently operating on the Taipa island area of Macau, a district lined with new resort hotels. The Barra Extension (1 station expansion, 3.4km) will link the line to the Macau Peninsula opposite the island, the Seac Pai Van Extension (2 stations plus transfer station expansion, 1.3km) will provide access to Seac Pai Van, an area projected to grow in population and the planned site for construction of a large hospital, and the Hengqin Extension (2 station expansions, 2.2km) will run to Hengqin in China. The S...

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AGTech Expands into the Greater Bay Area Fintech Market after the Completion of Macau Pass Acquisition

HONG KONG, Mar 24, 2022 - (ACN Newswire via SEAPRWire.com) - AGTech Holdings Limited ("AGTech" or the "Group", SEHK: 08279) announced today that it has completed the acquisition of Macau Pass Holding Ltd. ("Macau Pass") and its subsidiaries, which will become an indirect wholly-owned subsidiary of AGTech after completion of the transaction.Since granted the financial license by the Macau SAR Government in 2006, Macau Pass has been propelling the development of a more convenient local electronic payment and promoting its popularity in Macau. Macau Pass, being the leading payment service provider in Macau, issued the first and the most commonly used contactless smart card for payments in Macau, Macau Pass Card ("MP Card"). While initially used in bus fare payment system, its usage has later been expanded into a wide range of payments such as those for other public transports, car parks, government services, retail consumptions, and food and beverage services. There are currently more than three million MP Cards in issue. The first mobile payment platform in Macau, Macau e-wallet ("MPay"), was subsequently issued by Macau Pass, it was an innovated product which led Macau into the deve...

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Forward Fashion collaborates with Treasure Island Resort World Hotel to build new luxury shopping and entertainment center

HONG KONG, Mar 8, 2022 - (ACN Newswire via SEAPRWire.com) - Retailer of fashion apparel of international brands Forward Fashion (International) Holdings Company Limited ("Forward Fashion" or the "Group"; Stock Code: 2528) is pleased to announce that it will introduce six major brands to "YOHO Treasure Island Resort World Hotel" ("Treasure Island Hotel Macau") in Macau, including Galeries Lafayette, the internationally renowned French premium department store that will enter Macau for the first time; UFC Gym, the world's top high-end fitness center; POP MART, a trendy toy store; Under Armour, a leading global sports brand; Beebeeland, a large-scale comprehensive game center; and Five Guys, the world-renowned burger brand.Forward Fashion collaborates with Treasure Island Resort World Hotel to build new luxury shopping and entertainment centerMr. Patrick Fan, Founder, Chairman of the Board and Executive Director of Forward Fashion (first from the right) and Mr. Yu Dong, CEO of Bona Film Group (first from the left) signed the cooperation agreement with YOHO on Treasure Island Resort World HotelMr. Patrick Fan, Founder, Chairman of the Board and Executive Director of Forward Fashion (Le...

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Motul Confirmed Lubricant Partner for AMG Performance Team, Craft-Bamboo Racing at 68th Macau Grand Prix

Singapore, Nov 18, 2021 - (ACN Newswire via SEAPRWire.com) - One of the most anticipated events of the year on the Asian motorsport calendar is all set to kick-off this weekend in Macau. The 68th Macau Grand Prix will be held from 19 to 21 November 2021 at the world renowned Guia Circuit. Motul will be the official Lubricant Partner of Craft-Bamboo Racing for the Macau GT Cup. The Hong Kong team will have multiple-time winner Darryl O'Young at the helms of their #95 Mercedes-AMG GT3 as he prepares to take part in his 17th Macau Grand Prix.Craft-Bamboo Racing is an official Performance Team of Mercedes-AMG. Team Director and Race Driver Darryl O'Young is a seasoned and experienced racer at the Guia Circuit, having taken the top step of the podium here no less than 5 times. O'Young is expecting a challenging race, having last raced at the 2020 Macau Grand Prix, and coming straight out of quarantine for this year's event. Although it will be difficult, he will be relying on his extensive knowledge of the track to have a good race weekend despite the limited time on track.Fortunately, he will have an extra boost of power all thanks to his Mercedes-AMG GT3 being filled with the Motul 30...

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Luk Hing Entertainment announces cessation of Macau operation

HONG KONG, Oct 11, 2021 - (ACN Newswire via SEAPRWire.com) - Luk Hing Entertainment Group Holdings Limited ("Luk Hing Entertainment" or the "Group"; stock code: 8052), a premium clubbing and entertainment business operator based in Asia, announces the cessation of its Macau operation today.Cubic Space+ in ZhuhaiThe Group has, in the past few years, been developing its business presence in the Greater Bay Area. With the opening of Cubic Space+ in Zhuhai, Guangdong Province, the PRC in 2019, the Group has successfully formulated its strategy for tapping the Mainland China market. Furthermore, the Group's Hong Kong restaurant operation has also been performing satisfactorily with the market responding positively to all of the three premium Chinese restaurant brands. Due to the outbreak of the COVID-19 pandemic which has significantly affected the business of the Group's operation in Macau, the Board has today announced the cessation of operation of Club Cubic Macau with effect from October 8, 2021.Based on the interim report of the Group published in August 2021 for the six months ended June 30, 2021, revenue generated from operation of Club Cubic Macau accounted for approximately 17%...

Macau’s future in doubt as China crackdown spurs global casino sell-off

MACAU (BLOOMBERG) - When investors started calling early on Wednesday morning (Sept 15) after China moved to tighten its grip on the world's biggest gambling hub, the junket operator had just one thing to say: Sell. "There is no hope in Macau," the executive said in an interview, declining to be named on concern there could be fallout for their business, which facilitates loans for bettors in Macau. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

Sands sells its Las Vegas casinos in US$6.25b deal as it shifts focus to Macau, Singapore

NEW YORK (REUTERS) - Las Vegas Sands, founded by late casino mogul Sheldon Adelson, will sell its Vegas properties for US$6.25 billion (S$8.33 billion), exiting the US gambling hot spot after three decades to focus on Asia, home to Singapore and the world's largest gambling hub, Macau. Las Vegas Sands is also shortening its name to Sands as a result of leaving Las Vegas, CNN reported. In a press release, Adelson's company said the change is "bittersweet" and will help it focus on faster growing markets, such as Asia. The sale comes nearly two months after the death of Mr Adelson - widely credited with helping transform the Chinese territory of Macau from a den of hard core gambling parlors into a centre of luxury resorts and convention centres with revenue that now dwarfs Las Vegas. Las Vegas Sands said the deal underscores its strategy of reinvesting in its Asian operations, with a focus on Macau and Singapore, where it owns the Marina Bay Sands casino resort. Macau and Singapore accounted for 48 per cent and 35 per cent of the company's total revenue in 2020, respectively, according to Refinitiv Eikon data. "The deal further strengthens the company's balance sheet to fund future ...

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Las Vegas Sands chief takes leave for cancer treatment

NEW YORK • Sheldon Adelson, the chairman and chief executive officer of Las Vegas Sands, which owns Singapore's Marina Bay Sands, is taking a leave of absence after resuming treatment for cancer. Mr Adelson had retained his executive role since the company revealed in 2019 that he had non-Hodgkin's lymphoma. Company president Robert Goldstein will take up Mr Adelson's duties as acting chairman and acting CEO, according to a statement on Thursday. Mr Adelson, 87, is the company's majority shareholder and one of the world's biggest gambling moguls, overseeing operations from the Las Vegas Strip to Macau to Singapore. He is a prominent donor to Republican politics in the United States, having backed outgoing President Donald Trump. The appointment is unlikely to cause changes in the group's strategic direction or operations at its Sands China arm, which is run by a local management team, according to gaming analyst D.S. Kim of JPMorgan Chase & Co. The impact on Sands' relations with Macau and Beijing "may be open for debate, but we similarly see no negative impact on its positioning in the market", Mr Kim wrote in a research note on Thursday. He said Mr Goldstein has long been in posi...