gambling

The private equity investor sells the shares at more than twice the price it paid four years ago, but keeps a 12.8% stake as a long-term investment.

NWS becomes the first cornerstone investor to exit AIA through a $70 million trade after a 39.5% gain in the share price, while an institutional investor sells $308 million worth of shares in Sands China.

MGM China kicks off its institutional bookbuilding with the aim of raising up to $1.5 billion. At the same time, greenfield mining company Resourcehouse launches its IPO of up to $3.6 billion.

Price sensitivity keeps the price down, but the offering still comes at a slight premium to Wynn Macau after the latter falls below its IPO price.

The spin-off from Las Vegas Sands sets its price range at a slight discount to Wynn Macau's current valuation.

Modest retail demand means there will be no clawback, but the deal attracts strong institutional interest and prices at the top of the range for a total size of $1.63 billion.

The US-listed casino operator also issues additional shares to its parent companies for a total fundraising of $165 million.

Has the gambling hub of the east finally run out of good news?

In a tough market, casino operator SJM prices Hong KongÆs third largest IPO this year, while sportswear company XDLong is forced to cancel its listing plans.