Showing 1 - 9 of 9
Galaxy Resorts calls for luxury strategy to maximise growth
Business, Molpasorn Shoowong, Published on 05/08/2025
» As Thailand has already passed its tourism peak of 40 million tourists, the country requires luxury marketing and new public-private partnership investment in luxury tourism that targets the growing number of affluent travellers from Asia-Pacific in order to maximise growth, says Galaxy Resorts Thailand.
MGM Resorts urges 'competitive' casino tax
Business, Molpasorn Shoowong, Published on 21/05/2025
» Thailand should have a casino tax rate that is competitive with Singapore and a substantial number of locals should be allowed to visit casino complexes, rather than solely serving foreign tourists in order to stimulate tourism and economic growth, says integrated resorts operator MGM Resorts International.
Shares rise as trade tensions ease slightly
Business, Nareerat Wiriyapong & Nuntawun Polkuamdee, Published on 26/04/2025
» RECAP: Asian shares rose yesterday in line with a global relief rally as trade tensions cooled and US Federal Reserve officials indicated they would be open to cutting interest rates earlier than anticipated.
TAT bullish on casino investment
Business, Molpasorn Shoowong and Narumon Kasemsuk, Published on 15/06/2024
» Thailand stands a good chance of attracting investments in entertainment complexes as MGM China Holdings is looking for new overseas investments, according to the Tourism Authority of Thailand (TAT).
Gambling with Thailand's future
Business, Post Reporters, Published on 13/08/2022
» Whether you support it or not, betting and gambling dens have been commonplace in much of Thailand for a long time, despite authorities' attempts to stamp it out.
Amazon and Other Potential Suitors Explore Peloton Deal
Business, Cara Lombardo & Miriam Gottfried & Dana Cimilluca, Published on 07/02/2022
» Peloton Interactive Inc is drawing interest from potential suitors including Amazon.com Inc., according to people familiar with the matter, as the stationary-bike maker's stock slumps and an activist urges it to explore a sale.
Optimism about US-led recovery lifts shares
Business, Darana Chudasri and Nuntawun Polkuamdee, Published on 29/05/2021
» Recap: US shares rose on Friday amid optimism over the prospect of economic recovery bolstered by favourable US data. Asian shares advanced in the morning with the regional benchmark heading for the best week in three months.
J.Crew Changes CEOs for Third Time in Three Years
Business, Suzanne Kapner and Juliet Chung, Published on 26/11/2020
» J.Crew Group replaced its chief executive after less than a year in the role, and just a few months after the apparel seller emerged from bankruptcy protection with new hedge-fund owners.
MGM sells Bellagio, Circus Circus resorts
Business, Bloomberg, Published on 17/10/2019
» LOS ANGELES: MGM Resorts International, pressured by investors to unload its remaining company-owned casinos, agreed on Tuesday to sell the Bellagio resort in Las Vegas to Blackstone Group for $4.25 billion and will continue to operate the property under a lease arrangement.