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☆ Six Macau Casino Operators Win New 10-Year Licenses
▼ + stars: | 2022-11-26 | by ( Elaine Yu | Katherine Sayre | ) www.wsj.com time to read: 1 min

Six casino operators in Macau won provisional licenses to continue operating in the Chinese gambling hub for the next 10 years, the local government said, while rejecting a bid from an outsider to enter the market. The winning companies include affiliates of three American casino giants, Las Vegas Sands Corp., MGM Resorts International and Wynn Resorts Ltd. The licenses of three local rivals were also renewed. They are held by Galaxy Entertainment Group , SJM Holdings Ltd. and Melco Resorts & Entertainment Ltd.

☆ Taylor Swift public ticket sale on Friday is canceled, Ticketmaster says. But the secondary market can be 'buyer beware'
▼ + stars: | 2022-11-17 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Kevin Mazur | Wireimage | Getty ImagesDeals for hot tickets, you're virtually not going to find one. Why concert tickets are a 'buyer beware' marketSome Taylor Swift fans who bought seemingly legitimate tickets have already discovered they were duped. Buying tickets on the "secondary market" poses an elevated risk of fraud and/or exorbitant prices for consumers, entertainment-industry experts warned. "There are almost so many [secondary sellers] that you just can't keep up," Cobb said. Of course, this isn't to say secondary sellers are grifters in all circumstances.

☆ Australia's Crown Resorts fined $77 million by regulators
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, Nov 7 (Reuters) - Australian casino operator Crown Resorts has been fined A$120 million ($77.3 million) for serious misconduct, regulators of the state of Victoria said on Monday. Some of the breaches included failing to prevent gambling harm by allowing players to gamble continuously for 12 hours or more without observation or interaction, with some customers allowed to gamble continuously for well over 24 hours, it said. The casino operation also allowed large numbers of customers in the problem gambling category to escape attention, the report added. Australia's gambling industry has been in the spotlight in recent years, with public inquiries lashing its biggest casino operators due to lapses in money laundering protections. read more($1 = 1.5533 Australian dollars)Reporting by Praveen Menon and Byron Kaye; Editing by Himani Sarkar and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

☆ Australia's Star Entertainment faces second class action suit over compliance
▼ + stars: | 2022-11-06 | by ( ) www.reuters.com time to read: +1 min

Nov 7 (Reuters) - Australian casino operator Star Entertainment Group Ltd (SGR.AX) on Monday said it faces a second class action lawsuit over allegations of failure to comply with disclosure requirements regarding anti-money laundering and counter-terrorism financing rules. The class action, filed by law firm Maurice Blackburn, alleges that between March 29, 2016 and March 16, 2022, Star made misleading representations about its systems and processes for compliance with anti-money laundering and counter-terrorism financing obligations, Star said in a statement. The lawsuit also accuses Star of failing to disclose relevant information to the market and "conducted its affairs contrary to the interests of the members of The Star as a whole", according to the statement. Star said it will defend itself against the class action, adding that the claim was "substantially similar" to the class action filed by another law firm Slater & Gordon (SGH.AX) in March earlier this year. Reporting by Sameer Manekar in Bengaluru; Editing by Daniel Wallis and Paul SimaoOur Standards: The Thomson Reuters Trust Principles.

☆ Universal film boss Donna Langley reveals how her studio changed the way you see movies and her hopes for an all-female 'Fast & Furious'
▼ + stars: | 2022-10-26 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +13 min

Universal film chief Donna Langley says movies will never go back to "those exclusive traditional windows" in theaters. "I would love to see a female 'Fast,'" she said about the future of the "Fast & Furious" franchise. Though it seems Langley has an insatiable drive to dominate the cutthroat film industry, she revealed to Insider in a recent phone interview that her mission is simple: "Make the right kind of movies that fit the cultural zeitgeist globally." Steven Spielberg and Donna Langley at "The Fabelmans" world premiere at the 2022 Toronto International Film Festival. We are a theatrical business and theatrical will always lead our business.

☆ Australian Casino Operator Hit With $62 Million Fine in Reckoning for Gambling Industry
▼ + stars: | 2022-10-17 | by ( Mike Cherney | ) www.wsj.com time to read: 1 min

SYDNEY—An Australian regulator hit one of the country’s main casino operators with a record fine, as authorities increase scrutiny of an industry that has faced questions over how it attracts international high-rollers, particularly from China. Star Entertainment Group which runs a large casino in Sydney, was fined 100 million Australian dollars, equivalent to $62 million, by the New South Wales Independent Casino Commission on Monday. The regulator also suspended Star’s license to operate the Sydney casino, though it will remain open under a government-appointed manager.

☆ Australia's Star says regulator-named manager to run Sydney casino
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies Star's Sydney casino license to be suspended on Oct. 21Manager appointed for Sydney casino for 90 daysFine after Star failed to prevent money laundering, criminal activityStar fined $62 million as part of disciplinary actionSYDNEY, Oct 17 (Reuters) - Australia's Star Entertainment Group (SGR.AX) said on Monday a regulator-appointed manager would be stepping in to run its Sydney casino after an investigation by an independent commission found it had failed to prevent money laundering and criminal activity. The firm was fined A$100 million ($62 million) by the New South Wales Independent Casino Commission (NICC), which also suspended its license to operate the casino in Sydney, effective Oct. 21, Star said in a statement. Register now for FREE unlimited access to Reuters.com RegisterThe suspension period will be crucial for Star to prove its merit to hold a casino license. Weeks' authority as a manager of Star's assets are limited to the operational needs of the casino. Australia's gambling industry has been in the spotlight in recent years, with public inquiries lashing its biggest casino operators due to lapses in money laundering protections.

☆ Australia casino firm Star to be fined $62 million following inquiry
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, Oct 17 (Reuters) - Australian casino firm Star Entertainment Group (SGR.AX) was fined A$100 million ($62 million) on Monday following an independent inquiry which found it failed to prevent money laundering and criminal activity in its Sydney casino. The New South Wales Independent Casino Commission (NICC) also cancelled Star's licence to operate the Sydney casino effective Friday, and will appoint a person to manage the casino pending the return of its licence. "The appointment of the manager means that the Star Casino will remain open and all staff will remain employed," NICC Chief Commissioner Philip Crawford said during a media conference. The decision to slap Star with the maximum fine possible comes on the first day on the job for Star's new chief executive, Robbie Cooke. Australia's gambling industry has been in the spotlight in recent years, with public inquiries lashing its biggest casino operators due to lapses in money laundering protections.

☆ Japan PM instructs culture minister to probe Unification Church, Kyodo reports
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: 1 min

Australia casino firm Star to be fined $62 million following inquiry, article with imageBusiness · October 17, 2022 · 12:13 AM UTC · undefined ago · undefined agoAustralian casino firm Star Entertainment Group was fined A$100 million ($62 million) on Monday following an independent inquiry which found it failed to prevent money laundering and criminal activity in its Sydney casino.

☆ Australia casino firm Star to be fined $62 million following inquiry, Sydney Morning Herald reports
▼ + stars: | 2022-10-16 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, Oct 17 (Reuters) - Australian casino firm Star Entertainment Group (SGR.AX) will be fined A$100 million ($62 million) after an inquiry found it failed to prevent money laundering and criminal activity in its Sydney casino, the Sydney Morning Herald reported. The New South Wales Independent Casino Commission (NICC) will hand down the decision on Monday, the newspaper reported on Sunday, citing unidentified sources. The report said it had identified "systemic governance, risk and cultural failures" at the Sydney casino of Star, Australia's second-biggest casino operator. Neighbouring Queensland state this month declared Star was unsuitable for a gambling licence after an inquiry found it concealed illegal Chinese wagering payments and lured problem gamblers. Australia's casino sector was put under intense scrutiny over the last three years after media reports accused Star's larger rival Crown Resorts Ltd of money laundering, prompting some states to launch inquiries.

☆ ‘The Joy Luck Club’ is getting a sequel
▼ + stars: | 2022-10-12 | by ( ) www.nbcnews.com time to read: +2 min

Novelist Amy Tan and Oscar-winning “Rain Man” screenwriter Ron Bass are on board to deliver a sequel to “The Joy Luck Club,” the 1993 movie that broke new ground for Asian American representation. The new film, “Joy Luck Club 2,” is set up at Ashok Amritraj’s Hyde Park Entertainment Group, with Ashok and Priya Amritraj producing alongside Tan, Bass and Jeff Kleeman. The original “Joy Luck Club,” directed by Wayne Wang, was an epic, multigenerational saga of Chinese and Chinese-American mothers and daughters, whose histories, stories and lives interweave as they navigate life. In “Joy Luck Club 2,” the mothers become grandmothers and the daughters become mothers in their own right, introducing a new generation exploring their own relationships with culture, heritage, love, womanhood and identity. The original film debuted in limited commercial release in September 1993 and also played at the Toronto International Film Festival.

☆ Factbox: Companies sell their businesses in Russia
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +9 min

The logo of French tyre maker Michelin is seen at a company building in Boulogne-Billancourt, near Paris, France, August 6, 2022. REUTERS/Sarah Meyssonnier/File PhotoOct 10 (Reuters) - Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they seek to comply with sanctions over the Ukraine conflict and deal with threats from the Kremlin that foreign-owned assets may be seized. Below is a list of firms by sector that have sold their businesses in Russia:AUTOS** British car distributor Inchcape (INCH.L) sold its Russian business to local managementRegister now for FREE unlimited access to Reuters.com Register** Italian truck and bus maker Iveco (IVG.MI) transferred its 33% stake in its AMT truck assembly joint venture in Russia to a local partner** French tyre maker Michelin (MICP.PA) intends to transfer its activities in Russia to a new entity under local management by end-2022** French carmaker Renault (RENA.PA) sold its majority stake in Avtovaz (AVAZI_p.MM) to a Russian science institute, and transferred all shares in Renault Russia to the city of Moscow** MAN Truck & Bus and Scania, units of German truck maker Traton (8TRA.DE), expect to sell their sales companies in Russia to local partners along with Scania's Russian financing business by Q1 2023BANKS** Britain's HSBC (HSBA.L) agreed to sell its Russian business to Expobank, subject to regulatory approvals in Russia** Czech investment group PPF sold its Russian banking assets, including consumer lender HCFB and its subsidiaries, to investors led by Ivan Tyryshkin** France's Societe Generale (SOGN.PA) sold its Russian business Rosbank (ROSB.MM) to Interros Capital, a firm linked to Russian oligarch Vladimir PotaninCONSUMER ELECTRONICS** Swedish home appliance maker Electrolux (ELUXb.ST) transferred its business in Russia to local management** Its Electrolux Professional (EPROb.ST) branch also sold its Russian business to local management** Whirlpool (WHR.N) sold its Russian operations to Turkey's Arcelik (ARCLK.IS)ELECTRICAL COMPONENTS & EQUIPMENT** Finland's Boreo (BOREO.HE) sold its 90% stake in YE Russia to companies controlled by its current director Yrjö Pönni** U.S. industrial firm Emerson Electric (EMR.N) agreed to sell its Russia business to the local management** Finnish elevator maker Kone (KNEBV.HE) expects to close the sale of its Russian business to local management in Q4 2022** France's Schneider Electric (SCHN.PA) expects to close the sale its Russian unit to local management by end-2022** U.S. elevator maker Otis (OTIS.N) sold its Russia business to local investment firm Ice DevelopmentENERGY** French industrial gases producer Air Liquide (AIRP.PA) agreed to shift its Russian assets to local management, subject to regulatory approvals in Russia** Baker Hughes (BKR.O) agreed to sell its oilfield services business in Russia to local management, with closing expected in H2 2022** Italian utility Enel (ENEI.MI) sold its 56.43% stake in Enel Russia to Lukoil (LKOH.MM) and private fund Gazprombank-Frezia** Norway's Equinor (EQNR.OL) transferred assets of its Russian oil and gas joint ventures to state-owned partner Rosneft (ROSN.MM), and its 30% stake in the Arctic Kharyaga oilfield to state-controlled Russian operator Zarubezhneft** U.S. oilfield services firm Halliburton (HAL.N) sold its Russia operations to a management team made up of former employees** Oil major Shell (SHEL.L) sold its Russian retail and lubricants business to Lukoil** Singapore-based commodities trader Trafigura sold its 10% stake in Vostok Oil project in Siberia to Hong Kong-registered trading firm Nord Axis** Total Energies (TTEF.PA) sold its remaining 20% interest in the Kharyaga oil project to Zarubezhneft, and its 49% stake in Terneftegaz to joint venture partner NovatekFOOD & BEVERAGES** Finland's Atria (ATRAV.HE) sold its fast food business in Russia, Sibylla Rus, to Russian meat producer Cherkizovo (GCHE.MM)** Finland's Fazer sold its Russian unit to Moscow's Kolomenskij Bakery and Confectionery Holding** Irish ingredients giant Kerry Group (KYGa.I) sold its Russian subsidiary to local management and agreed to offload its Belarusian unit to a local operator** Fast food chain McDonald's (MCD.N) sold its Russian business to its licensee Alexander Govor** Finnish food and drinks company Paulig sold its operations in Russia to private Indian investor Vikas Soi** Yum Brands (YUM.N) sold its Pizza Hut business in Russia to a local operator** Finnish food processing firm Raisio (RAIVV.HE) sold its consumer business in Russia to Copacker Agro** Finnish dairy producer Valio sold its Russian business to GK VelkomINDUSTRIAL MACHINERY** Polish measuring devices maker Apator's (APTP.WA) Powogaz unit divested its entire stake in Russia-based AO Teplovodomer** Danish industrial firm Danfoss agreed to sell its Russian and Belarusian business to local management, subject to approval by shareholders and regulatory approvals in Russi

☆ Ray Dalio says his hedge fund Bridgewater Associates is up around 25% this year. He shares 2 ways investors should approach a market he says is due to drop another 20% — and an area he's bullish on lo
▼ + stars: | 2022-09-22 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Bridgewater Associates founder Ray Dalio said on Wednesday that stocks are likely to fall further. Given his down outlook, Dalio was asked how investors should approach the current environment, and gave two answers. The former shields investors from rising or falling inflation rates, while nominal bonds can lose money when considering inflation. Dalio also recommended that investors keep their portfolios well-balanced and diversified, and avoid timing the market. "The most important thing that you can do is have a well-balanced portfolio, not to market time, but diversify," Dalio said.

REUTERS/Florence Lo/Illustration/File PhotoHONG KONG, Sept 21 (Reuters) - China's Tencent Music Entertainment Group (1698.HK) shares started trading at HK$18 ($2.29) each in the company's Hong Kong listing debut on Wednesday. The online music company announced last week that while New York would remain its primary listing venue it would start trading its shares in Hong Kong. Register now for FREE unlimited access to Reuters.com RegisterTencent Music said one of its U.S.-listed shares represented two of its Hong Kong shares. The two sides recently struck a deal to end the decade-long stand off and U.S. officials have arrived in Hong Kong to start reviewing U.S.-listed Chinese companies. ($1 = 7.8496 Hong Kong dollars)Register now for FREE unlimited access to Reuters.com RegisterReporting by Scott Murdoch and Donny Kwok; Editing by Christian Schmollinger and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

☆ Many entrepreneurs are focusing on employee retention during the economic downturn. Here are 4 reasons employees stay beyond the salary.
▼ + stars: | 2022-08-22 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +7 min

Here's how to factor these values into your company's culture, policies, and benefits to help retain staff in an economic downturn. While exit interviews are an effective way to understand why employees leave, so-called stay interviews can help you implement change before it's too late. Remind employees of the purpose of their workIn general, Meier said, employees want to feel a sense of value from their work. Another way to help employees feel a sense of purpose is to ensure that the tasks they're doing are engaging. Some companies have implemented surveillance technology to monitor employees working remotely; Meier said he believes that isn't the right way to go.

☆ A murit actorul Ned Beatty, celebru pentru rolurile din „Deliverance”, „Network” și „Superman”
▼ + stars: | 2021-06-14 | by ( ) www.jurnal.md time to read: +1 min

Sursa foto: Warner Bros/AllstarA murit actorul Ned Beatty, celebru pentru rolurile din „Deliverance”, „Network” și „Superman”Actorul Ned Beatty, nominalizat la Oscar și celebru pentru rolurile din filme precum „Deliverance”, „Network” și „Superman” a murit la vârsta de 83 de ani. Actorul a murit din cauze naturale, în casa sa din Los Angeles. „Ned a murit din cauze naturale duminică dimineață, înconjurat de familie și de cei dragi", a declarat Deborah Miller, manager la Shelter Entertainment Group, pentru CNN. Ned Beatty s-a făcut cunoscut cu roluri în filme precum: „Deliverance” (1972), „Nashville” (1975), „All the President’s Men” (1976) sau „Network” (1976). Ned Beatty a jucat în peste 150 de filme și seriale de televiziune.

Persons: Allstar, Ned Beatty, Ned, Deborah Miller, CNN . Ned Beatty, . Ned Beatty, Sandra Johnson Organizations: Warner, Shelter Entertainment Group, CNN Locations: Los Angeles, Shelter, Nashville

☆ Китай приостанавливает экономический диалог с Австралией
▼ + stars: | 2021-05-06 | by ( Mld Media Srl | ) noi.md time to read: +4 min

Китай в четверг приостановил «на неопределенный срок» всю деятельность в рамках Китайско-австралийского стратегического экономического диалога, сообщил представитель органа государственного экономического планирования, что стало последним витком обострения напряженных отношений между двумя странами. Отношения ухудшились в прошлом году, когда Австралия призвала к независимому расследованию происхождения нового коронавируса, что вызвало торговые репрессии со стороны Китая. Министр торговли Австралии Дэн Техан назвал решение комиссии «разочаровывающим», поскольку экономический диалог стал «важным форумом для Австралии и Китая для решения вопросов, имеющих отношение к нашему экономическому партнерству». Последняя встреча была в Пекине в 2017 году, когда министр торговли Австралии подписал соглашение о сотрудничестве по проектам «Один пояс, один путь» во многих странах. Сменявшие друг друга министры торговли Австралии не смогли добиться телефонного звонка с китайскими коллегами, когда дипломатическая напряженность обострилась в 2020 году.

Persons: Дэн Техан, Атилла Виднелл, Мэтт Бекьер Organizations: Huawei 5G, Commodities Ptd, Star Entertainment Group Ltd, Macquarie Australia Conference, Комиссия национального развития и реформы, Федеральный парламент Locations: Китай, Австралийский Содружество, Австралия, Китай (), Пекин, США, Канберра, Виктория, Сидней

☆ Агентство Bloomberg опубликовало список 50 людей с наибольшими достижениями в своей сфере в 2020 году
▼ + stars: | 2020-12-06 | by ( ) ru.diez.md time to read: +3 min

Агентство Bloomberg опубликовало список 50 людей с наибольшими достижениями в своей сфере в 2020 годуИздание Bloomberg представило список из 50 человек, достигших самых выдающихся успехов в своей сфере в 2020 году. Перечень состоит из пяти категорий по областям: политика, бизнес, развлечения, финансы, наука и технологии, пишет Сноб. Развлечения:# Билли Айлиш, певица;# Бон Джун Хо, режиссер;# Селеста Барбер, актриса;# Донна Лэнгли, глава Universal Filmed Entertainment Group;# Swizz Beatz и Timbaland;# Сара Купер, комик;# Колин Каперник, активист;# Гай Фьери, ресторатор, писатель и телеведущий;# Джейсон Хехир, документалист;# Рене Монтгомери, активист;# Айя Кьогоку и Хисаши Ногами, руководители Nintendo Co;# Маркус Рашфорд, нападающий «Манчестер Юнайтед». Политика:# Светлана Тихановская, лидер оппоиции в Белоруссии;# Луис Лакалье Поу, президент Уругвая;# Алисия Гарза, Патрис Каллорс и Опал Томети, основательницы движения Black Lives Matter;# Джон Робертс, главный судья Верховного суда США;# Абдалла Хамдук, премьер-министр Судана;# Летисия Джеймс, генеральный прокурор штата Нью-Йорк;# Одунайо Эвенийи и Дамилола Одуфауа, соосновательницы Феминистской коалиции;# Мухаммад ибн Заид Аль Нахайян, наследный принц Абу-Даби;# Мэдисон Коуторн, избранный член палаты представителей конгресса США;# Мариа Ресса, генеральный директор Rappler Inc.;# Цай Инвень, президент Тайваня. Бизнес:# Аврора Джеймс, основательница проекта Fifteen Percent Pledge;# Страйв Масайиа, основатель Econet Group;# Рид Хастингс, глава Netflix;# Сумит Сингх, генеральный директор Chewy Inc.;# Вонг Чинг, генеральный директор Meituan;# Джон Фоли, генеральный директор Peloton Interactive Inc.;# Бюджу Равиндран, основатель и глава Think & Learn Pvt.

Persons: Swizz Beatz Timbaland, Morgan Stanley, Citigroup —, Билли Айлиш, Бон Джун Хо, Селеста Барбер, Донна Лэнгли, Сара Купер, Колин Каперник, Гай Фьери, Джейсон Хехир, Рене Монтгомери, Айя Кьогоку, Хисаши Ноги, Маркус Рашфорд, Светлана Тихановская, Луис Лакалье Поу, Алисия Гарза, Патрис Каллорс, Опал Томети, Джон Робертс, Летисия Джеймс, Одунайо Эвенийи, Дамилола Одуфауа, Мухаммад ибн Заид Аль Нахайян, АбуДаби, Мэдисон Коуторн, Мариа Ресса, Цай Инвень, Аврора Джеймс, Страйв Масайиа, Рид Хастингс, Сумит Сингх, Вонг Чинг, Джон Фоли, Бюджу Равиндран, Вийя, Форрест Ли, Кристалина Георгиева, Джеймс Горман, Байжа Бхатт, Владимир Тенев, Джейн Фрейзер, Алан Ховард, Линда Киркпатрик, Даррен Уильямс, Чанпэн Чжао, Цзэн Юйцюнь, Гвинн Шотвелл, Тим Брэй, Энтони Фаучи, Чон ЮнКен, Келлер Ринаудо Organizations: Bloomberg, Universal, Entertainment, Nintendo, Rappler Inc, Econet, Netflix, Chewy Inc, Interactive, Sea Ltd, Citigroup, Citigroup — —, Howard Asset Management, Mastercard Inc, Southern Bancorp Inc, Binance Holdings, Technology, SpaceX, годуИздание, Сноб, Манчестер Юнайтед, Верховный суд, Феминистская коалиция, Международный валютный фонд, Корейское агентство по контролю и профилактике заболевания Locations: Белоруссия, Уругвай, США, Судан, НьюЙорк, Тайвань, Северная Америка, Белый дом

☆ Meet Philip Anschutz, Coachella's billionaire owner who has built a $10.9 billion fortune.
▼ + stars: | 2020-03-11 | by ( Katie Warren | ) www.businessinsider.com time to read: +1 min

Philip Anschutz is an American businessman who's worth an estimated $10.9 billion, according to Forbes. Shaun Clark/Getty ImagesCoachella is owned by an 83-year-old billionaire businessman who's been called "the man who owns LA." Despite living in Colorado, Philip Anschutz is deeply embedded in California's largest city. Anschutz also owns the Los Angeles Kings hockey team and one-third of the Los Angeles Lakers basketball team, as well as both teams' home arena: Staples Center. Take a look at how the billionaire makes and spends his fortune.

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