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THE MACAU METRO MONITOR, SEPTEMBER 27, 2013

PHILIPPINE CASINO OPERATOR REVIVES PLANS FOR $500MM IPO WSJ

Travellers International Hotel Group Inc. - a joint venture between Malaysia's Lim Kok Thay and Filipino businessman Andrew Tan - plan to raise up to $500 million in an IPO.  Travellers plans to use its IPO proceeds to fund more casino-related developments, including the $1.1 billion Resorts World Bayshore resort.

Travellers had hoped to raise up to $1 billion before downsizing its offering, and then postponing it altogether in July citing weak markets.

WYNN MACAU SUES CHINESE TYCOON LI JUN OVER HK$14MM GAMBLING DEBT SCMP

Wynn Macau is suing Li Jun, a Chinese tycoon who owns Abest Group, for HK$14 million in gambling debts.