Nona Morelli’s II Buys Into Two Macao Casinos
- Share via
Nona Morelli’s II Inc., an Irvine operator of gambling casinos, said it acquired a 40% interest in two casinos in Macao, south of Hong Kong, for 32 million shares of common stock valued at about $35 million and a $3-million note to the owner, Ng Man Sun of Dragon Sight International Amusement Co.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.