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  1. News - World - CASINOS

    Adelson loses libel lawsuit alleging he condoned Macau casino prostitution

    Posted Oct 02nd 2013, 12:00am by Reuters

    ... Reuters in New York Accusation Adelson condoned prostitution in Macau casinos was 'protected speech' Casino boss loses 'dirty money' libel case in US Sheldon Adelson, the billionaire casino magnate and prominent US Republican Party donor, has lost a US$60 million libel lawsuit that centred on an accusation that he had condoned prostitution in his casinos in Macau ...

  2. Business - Companies - CASINOS

    Macau mogul vows less kitsch for new casino resort

    Posted Jul 31st 2013, 09:43am by Reuters

    ... Reuters in Macau David Chow plans to turn his sputtering Macau theme park into a casino resort that competes with the operations of his Las Vegas rivals Back in the game Macau tycoon David ... largest gambling hub. The second-generation casino operator, whose four decades of Macau experience rival former kingpin Stanley Ho Hung-sun, is going up against the industry’s modern titans, ...

  3. News - China - CASINOS

    Sands, DreamWorks strike Macau casino licence deal

    Posted Apr 30th 2013, 08:45pm by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Macau casino operator's DreamWorks deal to bring popular animated characters to its resorts Sands woos families with cartoons Sands China, the Macau arm ... beloved characters is a very comfortable opportunity for us." More than 28 million tourists visited Macau last year, two-thirds of them from the mainland, which is a huge market ...

  4. Business - Companies - CASINOS

    Gaming growth in Macau set to slow down says casino firm

    Posted Mar 06th 2013, 12:00am by SOPHIE YU AND BLOOMBERG

    ... Sophie Yu and Bloomberg Casino operator and analysts see revenue from gambling likely to be less than 15 per cent this year with Beijing's anti-corruption measures biting Macau gaming growth to be low Gaming revenue in Macau will probably increase less than 15 per cent this year, said SJM, Asia's biggest casino operator by revenue. SJM's chief executive, Ambrose So, ...

  5. Business - Companies - CASINOS

    Wynn Macau profits slump 18pc

    Posted Feb 02nd 2013, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Income drops to US$196.8 million in quarter in worst results among listed gaming resorts Wynn Macau profits slump by 18pc Wynn Macau, controlled by Las Vegas' Wynn Resorts, yesterday reported the worst results among all listed gaming resorts in Macau by posting an 18 per cent year-on-year drop in net profit for the fourth quarter last year. ...

  6. Business - Companies - CASINOS

    Casino battle royale as Amax shareholders revolt

    Posted Sep 13th 2012, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Casino battle royale as Amax shareholders revolt Shareholders of Hong Kong-listed Macau casino investor Amax Holdings voted to remove eight of its nine ... the hallmarks of a triad attack. Ng, one of the longest tenured VIP junket operators in Macau, has been involved in a dispute over the ownership of the New Century Hotel, which forced the hotel to close ...

  7. Business - Companies - CASINOS

    Mainland gamblers, new casino underpin solid profit rise at Galaxy

    Posted Aug 27th 2012, 05:07pm

    ... Macau casino operator Galaxy Entertainment, posted a forecast-beating nine-fold rise in half-year net profit, boosted by a new casino and a steady flow of Chinese visitors keen to try their luck in the world’s largest gambling destination. Although China’s economic slowdown is threatening to rein in the flow of visitors that made Macau one of the fast-growing economies in 2011, ...

  8. Business - Companies - CASINOS

    Private equity house Permira sells Galaxy stake at shares' peak

    Posted Nov 09th 2012, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Private equity house sells stake in Macau casino operator at shares' peak, before they fell again Permira wins big with Galaxy share sale ... timing was impeccable as shares in Galaxy, one of the big three casino operators in Macau, dropped up to 5 per cent yesterday after hitting a peak, its largest drop in three months, before ...

  9. Business - Companies - CASINOS

    SJM gets boost from mass-market

    Posted Nov 16th 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com SJM gets boost from mass-market Macau casino operator SJM posted a 41.2 per cent jump in net profit for the third quarter, even though its gaming revenue fell ... optimistic about the future and have committed ourselves to a major expansion of our Macau operations in both gaming and related businesses via our project on Cotai for which we are in the final ...

  10. Business - Companies - CASINOS

    Hong Kong businessman a step closer to US$70m jury award from Sands

    Posted Jul 31st 2013, 09:01am by AP

    ... to the state Supreme Court. Suen says he was hired by Las Vegas Sands to curry favour with the Chinese government and help the company win a gambling licence in Macau, the only place in China where ... success in Macau, and Adelson has gained fame as a top contributor to conservative causes. Sands’ success allowed Suen to demand more money during the second trial. He says he and his company were ...



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