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Macau High rollers, luxury casinos and hotels plus a rich heritage make Macau one of the world's premiere gaming destinations.

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Cotai Strip Biggest casinos in the world + newest casinos in Macau; Cotai Strip threatens mainland Macau for top gambling destination.

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Tagged south shore holdings limited

Home
south shore holdings limited

Continuing financial troubles for South Shore Holdings Limited

Adam Morgan
June 24, 2021
Casino News, Latest Casino and Gambling News, Casino proposals, Gaming Industry News, Economy/Finance, Macau
The owner of Macau’s luxury The 13 hotel has reportedly applied to have its wholly-owned New Concordia Hotel Limited subsidiary placed into voluntary liquidation with paid-up assets of approximately $3,120. ...

South Shore Holdings Limited facing the prospect of being wound up

Adam Morgan
June 4, 2021
Casino proposals, Casino News, Latest Casino and Gambling News, New Hotels, Gaming Industry News, Economy/Finance, Macau
The operator behind Macau’s luxury The 13 hotel has reportedly announced that it has been served with a statutory demand for the immediate repayment of an outstanding debt believed to be worth in the region of ...

Tough times continuing for South Shore Holdings Limited

Adam Morgan
May 21, 2021
Latest Casino and Gambling News, Casino proposals, Casino News, New Hotels, Gaming Industry News, Economy/Finance, Macau
In Macau and the company behind the luxury The 13 hotel has reportedly issued a profit warning after informally revealing that it expects to record an around $122.3 million deficit for the twelve months to the ...

More misery for the owner of Macau’s luxury The 13 hotel

Adam Morgan
September 2, 2020
Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships
In Macau and the company behind the luxury The 13 hotel has reportedly revealed that it has terminated negotiations that were to have seen it offload at least a 50% stake in the 200-room property. According ...

South Shore Holdings Limited investor calls special general meeting

Adam Morgan
May 22, 2020
Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships
In Macau and the company behind the luxury The 13 hotel has reportedly revealed that it is set to hold a special general meeting so as to vote on a resolution that could well see one of its senior directors str...

Financial troubles continue for firm behind Macau’s The 13 hotel

Adam Morgan
April 7, 2020
Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships
In Macau and one of the companies behind the luxury The 13 hotel has reportedly applied for a ‘standstill’ order so as to prevent its bank from calling in a loan worth just over $319.9 million and potentially l...

The 13 continues to rack up losses for South Shore Holdings Limited

Adam Morgan
November 27, 2019
Latest Casino and Gambling News, Casino proposals, Casino News, Economy/Finance, Macau
In Macau and the operator behind The 13 hotel has released its unaudited financial results for the six months to the end of September showing that its net loss had risen by 15% year-on-year to reach just over $...

Substantial stake in The 13 luxury hotel being offloaded by owner

Adam Morgan
October 17, 2019
Latest Casino and Gambling News, Casino proposals, Casino News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships
In Macau and one of the companies behind The 13 luxury hotel has reportedly agreed a trio of deals that are to see it offload a 50% shareholding in the property for a cash consideration worth approximately $95....

The 13 planning to offload controlling stake as casino plan is abandoned

Adam Morgan
August 6, 2019
Casino proposals, Casino News, Latest Casino and Gambling News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships
In Macau and the firm behind the $1.6 billion, The 13 hotel, has reportedly announced the signing of an agreement that could eventually see it offload a 60% stake in the luxury venue in exchange for a considera...

South Shore Holdings Limited records mounting annual debt

Adam Morgan
July 19, 2019
Casino proposals, Casino News, Latest Casino and Gambling News, Economy/Finance, Macau
The operator behind the $1.6 billion The 13 hotel, in Macau, has reportedly released its financial results for the twelve months to the end of March showing that its unaudited net loss had risen by in excess of...

Hard times for operator behind Macau’s luxury The 13 hotel

Adam Morgan
July 10, 2019
Casino proposals, Casino News, Latest Casino and Gambling News, Economy/Finance, Macau
In Macau and the operator behind the $1.6 billion The 13 hotel has reportedly warned investors that it anticipates recording a larger-than-anticipated loss for the twelve months to the end of March courtesy of ...

Blockchain-based casino project to be launched for Macau

Adam Morgan
October 22, 2018
Casino Sales, Cryptocurrency, Latest Casino and Gambling News, Economy/Finance, Online Gambling News, Macau, Mergers, Acquisitions & Partnerships
Maltese investments firm, Wide Rich Global Company, is hoping to bring in up to $1 billion via a virtual currency initial coin offering (ICO) in order to establish the planet’s first blockchain-based casino gam...

The 13 receives hospitality licenses

Adam Morgan
August 17, 2018
Latest Casino and Gambling News, New Hotels, Macau
In Macau, the luxury The 13 hotel could reportedly begin welcoming its first guests by the end of the month after recently receiving permission from the Macao Government Tourism Office to start hospitality oper...

The 13 opening delayed until the end of June

Adam Morgan
March 28, 2018
Latest Casino and Gambling News, New Hotels, Macau
In Macau, the opening of The 13 luxury hotel has been delayed again after the firm behind the opulent property, The 13 Holdings Limited, reportedly stated that it now does not expect to begin welcoming guests t...

The 13 Holdings Limited to seek name-change permission

Adam Morgan
March 8, 2018
Latest Casino and Gambling News, New Hotels, Macau
The firm behind Macau’s coming The 13 luxury hotel has announced that it intends to ask shareholders for permission to change its official name from The 13 Holdings Limited to the less numerical South Shore Hol...

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