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  1. MGM Mirage keeps eye on Macau in US$548m write-down on land

    Posted Feb 20th 2010, 12:00am by Staff Reporter

    ... Neil Gough MGM Mirage has taken a US$548 million write-down on land in the United States as it prepares for a Hong Kong listing for its Macau partnership with Pansy Ho Chiu-king, possibly ... Division of Gaming Enforcement. Investigators there last year found the Macau joint venture with Ho to be 'unsuitable' following a four-year investigation. The US firm previously carried ...

  2. Macau casino operators look set to pull aces for rest of year

    Posted Sep 07th 2009, 12:00am by Staff Reporter

    ... Neil Gough After a losing streak that lasted nearly a year, Macau is once again heating up and casino operators there look set to pull a number of aces from their sleeves in the remaining months of the year. Casino revenue soared 17.2 per cent from a year earlier to 11.27 billion patacas last month- the city's single biggest monthly takings ever. Macau's bumper haul ...

  3. Macau plays fall on grim outlook

    Posted Jan 20th 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih All leading Hong Kong gaming-related stocks declined yesterday after the release of Macau gaming figures for last year and analysts' expectations of a shaky outlook ... International Development dropped 2.83 per cent to HK$2.40 and Shun Tak Holdings, controlled by his daughter, Pansy Ho Chiu-king, fell 3.73 per cent to HK$2.32. According to Macau's Gaming ...

  4. Macau-based company is looking to hire experienced project managers

    Posted Sep 06th 2008, 12:00am by Carmen Tao

    ... Susie Gyopos and Carmen Tao Working in Macau is not limited to joining one of its famed hotels or gaming establishments. Exciting opportunities are available to work in information engineering and system integration projects for a provider of network and system infrastructure. Vodatel Holdings, the Macau-based subsidiary of Hong Kong-listed Vodatel Networks Holdings, ...

  5. Credit crisis hits Sands' Macau resort plan

    Posted Oct 20th 2008, 12:00am by Staff Reporter

    ... in Macau- including funding for a hotel resort complex- due to the credit crunch and a weak appetite among lenders amid the market turmoil, sources said. 'Right now it is a pulled deal. ... Seasons resorts in Macau. According to an August filing by Las Vegas Sands to the US Securities and Exchange Commission, the company had just US$247.2 million available in a revolving credit ...

  6. Macau public confidence boosted by tough sentences

    Posted Jun 06th 2008, 12:00am by Fox Yi Hu

    ... Fox Yi Hu in Macau Judiciary praised for handling of biggest graft case The tough justice for those who 'aided and abetted' former minister Ao Man-long has given Macau ... Instance meted out the toughest combined punishment in Macau. Construction worker Vong Kin-man said he was surprised by the harsh sentences and praised the authorities' handling of the case. ...

  7. Local investors stay high on Macau fever

    Posted Jan 07th 2005, 12:00am by Enoch Yiu, Sandy Li

    ... Enoch Yiu and Sandy Li Macau fever is still burning white hot on the local stock market. Press releases announcing new Macau deals continue to pour into news rooms at a furious pace, and the mere hint of a Macau affiliation can send the weakest of penny stocks rocketing skywards. Hong Kong-listed Pearl Oriental Enterprises, for instance, announced last night it had bought a 40 per ...

  8. Macau casinos eye ways to nab cheats

    Posted Jun 20th 2005, 12:00am by Freda Wan

    ... FREDA WAN in Macau Casinos in Macau are embracing the latest facial recognition software to keep shady characters off their premises. There is just one problem: while police often maintain lists of 'undesirable' gamblers, they do not always have photographs to match. Macau's three casino companies- Sociedade de Jogos de Macau, the Venetian and Galaxy Resorts- ...

  9. Venture launches Macau project

    Posted Oct 19th 2004, 12:00am by Staff Reporter

    ... launched its debut construction project in Macau. The 150,000 square metre Wynn Resorts Macau, with a construction value of more than $2 billion, is believed to be the largest development project ... in Macau. We have confidence in Macau's economic development,' said Sammy Zhou Yong, executive director and president of China State Construction Engineering (Hong Kong). 'We ...

  10. Macau bet pays well for China Overseas

    Posted Jun 04th 2005, 12:00am by Staff Reporter

    ... Ernest Kong Developer says its first project in the territory will exceed revenue forecasts Macau's bustling property market may yield windfall earnings for China Overseas, the Hong Kong property arm of the mainland's construction ministry, which is due to launch its first Macau project this year. The 1,000-unit La Cite residential project in Macau's Orient Pearl ...




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