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ISSUE 96 - Apr 2012
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2012?
Decline
Growth above 20 percent
Growth from 10 to 20 percent
Stagnation
 
 

PokerStars event deal with Grand Lisboa to expire


Posted: 2/6/2012 4:03:14 PM
Rating:     0% ( votes)
  

PokerStars Macau announced on Friday that its agreement to operate PokerStars Macau events and tournaments at Casino Grand Lisboa will expire next month.

The company said that this has led it to postpone its Macau Millions tournament indefinitely.

PokerStars provided no information regarding an eventual renewal of the agreement with Grand Lisboa, part of SJM Holdings Ltd.´s portfolio.

“Our current agreement to operate PokerStars Macau events and tournaments at Casino Grand Lisboa will expire in March,” PokerStars Director of Live Operations in Asia-Pacific, Danny McDonagh, was quoted as saying.

“We will provide an update on Macau Millions and live poker tournaments in the near future.”

The Macau Poker Cup: Red Dragon will take place as planned from February 18 to 26.



Other Macau Latest News

TransAct appoints new sales manager for Asia

Rashid Suliman will be responsible for the sales of the company’s products in Macau

Venetian hosts Ice World

The exhibit will last until September 16

Melco Crown to participate in Dragon Boat races

Around 50 Melco Crown employees have joined forces to form two teams

Bank tellers with two-digit salary growth

Wage increases outpace the inflation rate
Headlines

Final review on rules for smoking areas inside casinos

Casinos will have to divide their floor into smoking and non-smoking areas starting next year

Homes more expensive

The average transaction price of all residential units sold in the first three months of 2012 reaches a new all-time high

Sands China renews Edward Tracy’s contract

The company’s president and CEO has had his contract extended until August next year

Studio City to receive casino approval “soon”: report

Gov’t authorisation is “just a formality”, English-language newspaper Business Daily reports

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    Pingback by PokerStars event deal with Grand Lisboa to expire – Macau Business | Internet Poker Tour — February 6, 2012 @ 4:54 pm

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