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Tag Archives: Amax Holdings

Northern Cyprus – Cypriot casino deal stalls for Amax

Hong Kong-listed Amax Holdings has said that its attempts to buy into a casino development in the Turkish Republic of Northern Cyprus have stalled as the parties ‘could not compromise on finalising the terms of a formal sale and purchase agreement.’  Amax is looking to diversify its junket and casino operation by taking a ten per…

Northern Cyprus – Macau junket operator buys into Cypriot casino

Hong Kong-listed Amax Holdings is looking to diversify its junket and casino operation by buying into a casino development in the Turkish Republic of Northern Cyprus. The Macau junket group has signed a non-binding letter of intent to buy a 51per cent stake in Samoa-born Southern Ruby, who has the rights to build and operate…