UPDATE:A-Max To Increase Stake In Macau Casino For HK$2B
HONG KONG (Dow Jones)–A-Max Holdings Ltd. (0959.HK), a small Hong Kong-listed electronics company with gaming interests, is increasing its stake in the company that runs Macau’s Greek Mythology Casino in a HK$2.05 billion deal that regulators are concerned could violate reverse takeover rules.
Related Gambling News:
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- Casino stocks rise as trips to Macau increase
- Macau Leader Denies Stake in Casino Empire
- Permira to buy Macau casino stake
- Malaysia’s Genting, Stanley Ho in Macau casino tie-up
- 2007 likely to be a record year for Macau
- City wants higher stake in slot revenues
- Developer takes 9.3 pct stake in Rank-paper
- Asian Markets Weigh on Casino Operators
- Melco PBL Entertainment seeks high-rollers for 1st Macau casino
- Casino mogul ready to take bets in Macau with new venue
Do you know that:
- When traveling to Las Vegas be sure to check out some of the incredible scenery outside of the city. Lake Mead is about 45 minutes away from the city and is a beautiful place to cool off. When things get really hot, give Mount Charleston a try. It\'s approximately 30 degrees cooler. Red Rock Canyon is only a 30 drive. There is also the stunning Valley of Fire which is 1 hour away from Las Vegas.
- Baccara (Italian) or baccarat (French) both translate to "zero" in English. The importance of this name is found in the tens and face cards, both sharing the zero value.
- It was during the 1930's that slot machines began to become very popular across America, and in the late 40's Bugsy Siegel added machines to his Flamingo Hilton hotel in Las Vegas.
- Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.
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