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  • September 17, 2014
  • Last updated: 4:24am
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Results 1 - 10 of 17 for Macau

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  1. News - Hong Kong - GAMBLING

    Jockey Club celebrates bumper year, and names new chairman

    Posted Sep 12th 2014, 03:38am by Phila Siu

    ... "According to industry research, Hong Kong people lost HK$31 billion in Macau casinos alone last year. We see the opening of the Hong Kong-Macau bridge, scheduled for 2016, as posing a further ...

    http://www.scmp.com/news/hong-kong/article/1590443/jockey-club-celebrates-bumper-year-and-names-new-chairman
  2. Business - China Business - GAMBLING

    Mainland crackdown on illegal use of payment cards in Macau casinos

    Posted May 08th 2014, 12:00am by Toh Han Shih and Niall Fraser

    ... crackdown in Macau casinos Macau is facing a major capital-flight crackdown amid Beijing concerns that tens of billions of yuan in illicit funds are being funnelled out of the mainland ... drive to "combat overseas money laundering, capital flight and other illegal bank card use" in the former Portuguese enclave. Gaming insiders and security sources in Macau told ...

    http://www.scmp.com/business/china-business/article/1507007/mainland-crackdown-illegal-use-payment-cards-macau-casinos
  3. Business - China Business - GAMBLING

    Casino shares slump after Macau crackdown on illegal handheld payment devices

    Posted May 08th 2014, 05:11pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Wynn Macau leads the decline in gambling stocks, with shares slumping 9.7 per cent to HK$28.10 in intra-day trading Shares in Macau’s top name casino ... Macau led the decline in gambling stocks, with shares slumping 9.7 per cent to HK$28.10 in intra-day trading, followed by a drop of eight per cent for Galaxy Entertainment Group. SJM Holding, ...

    http://www.scmp.com/business/china-business/article/1507460/casino-shares-slump-after-macau-crackdown-illegal-handheld
  4. News - World - GAMBLING

    The house doesn't always win in Atlantic City as two casinos close

    Posted Sep 01st 2014, 04:44am by AP

    ... are not unique to Atlantic City. Macau casino operators are in a downturn as they grapple with slowing revenue and rising labour costs that were not expected until next year after years of delivering ...

    http://www.scmp.com/news/world/article/1582449/house-doesnt-always-win-atlantic-city-two-casinos-close
  5. News - China - GAMBLING

    Macau casinos cut out middlemen and recruit gamblers directly from mainland China

    Posted Mar 02nd 2014, 05:44am by BLOOM

    ... Bloomberg Macau casinos cut out middlemen Macau's gambling riches sparked bloody gun fights between triad gangsters two decades ago. Today, there's a new conflict brewing, only ... that for years have recruited rich gamblers from the mainland, whisked them to Macau and given them interest-free loans to circumvent limits on cash they can take out of the mainland. Now companies ...

    http://www.scmp.com/news/china/article/1438209/macau-casinos-cut-out-middlemen-and-recruit-gamblers-directly-mainland
  6. Infographics - GAMBLING

    Raising the stakes

    Posted Jun 16th 2014, 02:44pm by Adolfo Arranz

    ... Adolfo Arranz China’s neighbours continue to profit from the mainland’s appetite for gambling. Macau already outperforms the Las Vegas strip and Singapore is fast catching up. Japan continues to warm to the idea of legalizing casinos for the run-up to the 2020 Olympics in Tokyo. With Lawrence Ho Yau-lung investing in a Vladivostok casino and Tony Fung Wing-cheung in Australia, ...

    http://www.scmp.com/infographics/article/1533963/raising-stakes
  7. Business - China Business - GAMBLING

    Gambling revenues in Macau increase 18 pc

    Posted Jan 02nd 2014, 09:18pm by Sophie Yu

    ... in Macau increase 18 pc Macau's gaming industry took in 360.75 billion patacas last year, up 18.6 per cent year on year, on strong demand from mainland tourists, further strengthening its position as the world's largest gaming hub by widening its lead over the Las Vegas Strip. Macau is the only place in China where gambling in casinos is legal. More than 17 million mainland ...

    http://www.scmp.com/business/china-business/article/1396089/gambling-revenues-macau-increase-18-pc
  8. Business - Companies - GAMBLING

    Macau casino taps David Beckham's star power as it courts mainland China

    Posted Dec 25th 2013, 05:04pm by AP

    ... Associated Press in Las Vegas David Beckham named promoter of Sands to edge up Macau and Singapore businesses-- but also mainland China, where casinos are illegal Retired soccer star and sometime underwear model David Beckham has signed on to help promote Las Vegas Sands' properties in Macau and Singapore. Sands said in a statement that it hoped to cash in on Beckham's ...

    http://www.scmp.com/business/companies/article/1389740/macau-casino-taps-david-beckhams-star-power-it-courts-mainland
  9. Business - Economy - GAMBLING

    Macau gambling revenue up 13.5pc from Labour Day boost

    Posted Jun 03rd 2013, 01:29pm by Reuters

    ... Reuters in Hong Kong Gambling revenue in China’s gambling enclave Macau rose 13.5 per cent in May from a year earlier, boosted by an improving domestic economy and a string of holidays ... to government data released on Monday. Analysts had forecast a rise of between 12 and 15 per cent for May. Macau is the only place where Chinese people can legally gamble at casinos in the country. Home ...

    http://www.scmp.com/business/economy/article/1252520/macau-gambling-revenue-135pc-labour-day-boost
  10. News - World - GAMBLING

    Wynn Resorts cleared of 'suspicion' over Macau university donation

    Posted Jul 10th 2013, 12:00am by AP

    ... Associated Press in Las Vegas Wynn's Macau gift not deemed suspicious US federal investigators have finished looking into a US$135 million donation casino giant Wynn Resorts gave to a university in Macau, and say there is nothing suspicious about the gift. The Securities and Exchange Commission was not pursuing enforcement action against the company, assistant director ...

    http://www.scmp.com/news/world/article/1278998/wynn-resorts-cleared-suspicion-over-macau-university-donation

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