W HOTELS DEBUTS A VIBRANT NEW LUXURY PLAYGROUND WITH THE OPENING OF W MACAU – STUDIO CITY

Friday, 8 September 2023, 10:24:00
Designed by Zaha Hadid Architects and Featuring Greater China”s First W Sound Suite Recording Studio , W Macau – Studio City Blends the Allure of Old Hollywood with the City”s Magnetism HONG KONG , Sept. 8, 2023 /PRNewswire/ — W Hotels , part of Marriott Bonvoy”s global portfolio of 31 extraordinary hotel brands, today announced the highly anticipated opening of W Macau – Studio City , marking the debut of the iconic W Hotels brand in Macau , a spirited city of culture, cuisine and captivating experiences. Part of Melco Resorts & Entertainment”s integrated resort of Studio City on Cotai Strip, Macau”s premier leisure destination, the hotel connects guests to the vibrant culture through its intriguing design, elevated dining and beverage venues and unrivaled guest programming. From left to right: Porte Cohere and Spectacular King Room with Cotai View “The opening of W Macau – Studio City ushers in a new, modern style of highly-experiential hospitality in a city famous for its traditional approach to opulence,” said George Fleck , Vice President and Global Brand Leader, W Hotels . “We are excited to bring the W brand”s unique and unpretentious vibe to Macau and appeal to the next generation of luxury travelers through our contextual approach to design and commitment to the guest experience.
— PR Newswire Asia (English)

Melco Resorts & Entertainment (NASDAQ:MLCO) Cut to “Sell” at StockNews.com

Thursday, 24 August 2023, 07:18:48
Melco Resorts & Entertainment (NASDAQ:MLCO – Get Free Report) was downgraded by equities research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Thursday. MLCO has been the topic of a number of other research reports. VNET Group reissued a “downgrade” rating on shares of Melco Resorts […]
— The AM Reporter

BSAQ Stock Alert: Shareholders Approve VinFast SPAC Merger

Friday, 11 August 2023, 15:44:49
Special Purpose Acquisition Company (SPAC) Black Spade Acquisition (NYSEMKT: BSAQ ) said it won shareholder approval to acquire Vietnamese electric vehicle (EV) maker VinFast . VinFast will begin trading on the Nasdaq next week . It will trade under the VFS ticker. The Securities and Exchange Commission (SEC) declared VinFast’s F-4 registration statement valid on July 28 . VinFast claims an enterprise value of $27 billion. BSAQ stock jumped on the news, nearly doubling in price to about $20 after the deal was announced yesterday. Tempers cooled quite a bit overnight, with shares selling for $14.91 this morning. This gives BSAQ a market cap of $106 million. Inside VinFast VinFast, now based in Singapore, makes the VF 8 an SUV. It’s similar to the Tesla (NASDAQ: TSLA ) Model Y and claims a range of 264 miles per charge. VinFast is also taking reservations for a larger car, the VF 9 , and has two more on the drawing boards. The company broke ground in 2022 for a factory near Raleigh, North Carolina.
— InvestorPlace

The 7 Best Gaming Stocks to Buy in August

Tuesday, 8 August 2023, 21:30:06
Online gambling has supercharged the gaming sector. The amount of money bet on sporting events in the U.S. will surge 45% this year to almost $137 billion, research firm Insider Intelligence estimates. Meanwhile, in the first quarter of 2023, the revenue from iGaming — betting on traditional casino games online — soared 22.7% to $1.48 billion, while “traditional gaming” outlets i.e. brick-and-mortar casinos took in $12.30 billion, setting a new record. And gambling is also making a big comeback in China, as Macau’s gross gaming revenue last month climbed nearly 10% versus June and almost 40 times compared with the same period a year earlier. Finally, Morgan Stanley expects Macau casinos to deliver relatively strong Q2 metrics . Given the strength of these gambling sectors, all of my best gaming stocks to buy will be in the gambling space. MGM ( MGM ) Source: Michael Neil Thomas / Shutterstock.com MGM’s (NYSE: MGM ) top line climbed a strong 21% last quarter, versus the same period a year earlier.
— InvestorPlace

Melco Resorts & Entertainment Limited 2023 Q2 – Results – Earnings Call Presentation

Friday, 4 August 2023, 15:39:19
The following slide deck was published by Melco Resorts & Entertainment Limited in conjunction with their 2023 Q2 earnings call.
— Seeking Alpha