Archive for the 'Macau' Category
INSIDE GAMING: Casino partners getting fair deal?
If Station Casinos diverted high-stakes gamblers away from a joint-venture casino to a property where it collects 100 percent of the gaming revenues, it could have industrywide consequences. So far, the only proof offered by the Greenspun Corp …
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Macau casino mogul Stanley Ho released from Hong Kong hospital after 7 …
HONG KONG ‘” Casino mogul Stanley Ho, the father of Macau’s fabled gambling industry, was discharged Saturday after seven months in a hospital for unspecified surgery. The 88-year-old billionaire, wearing casual clothes and sneakers, raised his …
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Macau casino mogul Ho released from hospital
HONG KONG (AP) ‘” Casino mogul Stanley Ho , the father of Macau ’s fabled gambling industry, was discharged Saturday after seven months in a hospital for unspecified surgery. The 88-year-old billionaire, wearing casual clothes and sneakers, raised …
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Sands China 2009 Profit Rises on Macau Gambling Surge (Update1)
Sales at the casino operator, a unit of Adelson’s Las Vegas Sands Corp., rose 8.1 percent to $3.3 billion. Earnings per share grew to 3.32 U.S. cents from 2.80 U.S. cents. Casino operators in Macau may expect moderate growth this year, with the …
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Residents’ committee leader blows $2.2m in Macau
CHINA – The vice-head of a Beijing residents’ committee, who allegedly carried out an 11-million-yuan (S$2.2 million) swindle to finance massive gambling binges in Macau, has been charged with fraud. Dongcheng Procuratorate said the 42-year-old …
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MGM Mirage, Ho Plan Macau Casino IPO in Third Quarter (Update1)
March 3 (Bloomberg) — MGM Mirage, the biggest casino owner on the Las Vegas Strip, will sell shares in its Macau, China, venture with Pansy Ho in the third quarter, Chief Executive Officer Jim Murren said. ‘I’m confident we’ll get the IPO done …
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Sands China profit rises on Macau gambling surge
Sands China Ltd, Asia’s biggest listed casino operator, said profit rose 22 percent last year as Macau visitors gambled more on card games and slot machines. Net income increased to US$213.8 million from US$175.7 million a year earlier, Sands China …
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Asian Destinations Bounce Back
Situated in the Pearl River Delta separated by water approximately 37 miles apart, Hong Kong and Macau, China’s two former European colonies ‘“ now semi-autonomous, special administrative regions ‘“ are very different destinations when it comes …
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Martial arts feast in Macau pavilion
THE internal design and fit out of the Macau Pavilion for World Expo will be unveiled by the end of March as construction of the building has been completed, Expo officials said in Macau yesterday. The budget for construction and event exhibitions is …
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Wynn reports smaller fourth-quarter loss, thanks to Macau boost
Casino developer Steve Wynn summed up the current status of Wynn Resorts Ltd. in one simple sentence in the company’s hour-long fourth-quarter earnings conference call Thursday. “We’re more of a Chinese company than American company today as we’re …
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