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  1. Man jailed for life for 1.3b yuan casino scam

    Posted May 18th 2012, 12:00am

    ... in Macau over two years. The Zhongshan Intermediate People's Court ruled on Wednesday that Deng Shengtang, 34, cheated 29 businessmen out of the money, and that his accomplice, Ou Jinming, scammed the victims out of a further 350 million yuan, in the name of borrowing money to operate a room at a Macau casino from July 2008 to September 2010. Ou was sentenced to 13 years in jail ...

  2. Business - Companies - GAMING

    Macau casinos' revenue climbs to HK$290b in 2012

    Posted Jan 03rd 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Growth attributed to a surging mass-market customer base and long-awaited rise in VIP play Macau casinos ace the year with record profits Macau's casino ... of a continued global economic slowdown," said Grant Govertsen, lead analyst at Macau-based Union Gaming Research. He said robust growth last month was indicative of two things: a surging ...

  3. Casino manager says Macau law favouring local staff is handicap

    Posted Aug 22nd 2010, 12:00am by Adrian Wan

    ... Adrian Wan Macau's drive to put locals first in the job market is taking away its competitive edge, a manager at one of its newest casino resorts said. A top-level rethink is needed ... Hoffman Ma Ho-man, the deputy chief executive of the HK$3.1 billion Ponte 16 resort, told the Sunday Morning Post. Under a bylaw issued by Macau's Human Resources Office that took effect ...

  4. News - China - TOURISM

    Budget travellers squeezed in Macau

    Posted Dec 03rd 2012, 12:00am by JOLIE HO

    ... Jolie Ho jolie.ho@scmp.com Visitors to casino city must be ready to splurge, as five-star hotels account for 64pc of options Budget travellers squeezed in Macau Budget travellers may find once-sleepy Macau offering them fewer options as most hotel rooms in the "Las Vegas of the East" are now supplied by five-star hotels. According to the Macau Statistics and Census Service, ...

  5. News - China - MACAU

    Macau residents get record 8,000 pataca handout

    Posted Nov 14th 2012, 12:00am by JOLIE HO

    ... Jolie Ho jolie.ho@scmp.com Chief Executive Fernando Chui Sai-on's policy address sweetened with 8,000 pataca giveaway Macau residents get record handout Macau residents will receive ... in which "Macau people, Macau land" was mentioned for the first time. The city will spend a total of about 9.8 billion patacas on various subsidies, compared with 8.6 billion patacas last ...

  6. Property - Hong Kong & China - MACAU

    US$50 million Macau fund injection shows confidence in city

    Posted Sep 19th 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Fund manager raises US$50 million capital injection for food, beverage and retail units as sales grow in a strong economy Macau investment reflects confident outlook for city Sniper Capital, a manager of real estate funds invested in Macau, is raising a capital injection for its fund that invests in the food and beverage industry and retail properties ...

  7. Lifestyle - Arts & Culture

    Main attractions at the Macau International Music Festival

    Posted Sep 09th 2012, 12:00am by Andrew Sun

    ... Andrew Sun Highlights of the 26th Macau International Music Festival Count Basie Orchestra Macau Cultural Centre Grand Auditorium, October 17 80-200 patacas San Francisco Symphony Macau Cultural Centre Grand Auditorium, November 7 200-500 patacas Kaunas State Choir "Musica Sacra" St Lazarus Church, October 24 Admission free with ticket Peter Pan Macau Cultural Centre ...

  8. Casino ban seen as raw deal for young

    Posted Aug 12th 2012, 12:00am

    ... Jolie Ho in Macau jolie.ho@scmp.com A law banning under-21s from casinos in Macau has stirred a fierce debate among academics and workers' associations in the city. The new rule, ... fast-growing economy. But opponents say young workers denied the chance of high-earning jobs in casinos will struggle. Leong Sun-iok, vice-president of the Macau Gaming Industry Labourers Association, ...

  9. Macau's bet on non-gaming revenues slow to pay off

    Posted Jun 29th 2012, 12:00am

    ... closed doors in Beijing's Forbidden City. Next door at the Sands Macau, it's a different scene: noisy gamblers jostle to place their bets, with more people crowded around a single baccarat table than are taking in the museum's rare display. And so go Macau's efforts to diversify its gambling-dependent economy. In 2006, Beijing set a goal, as part of its 11th ...

  10. Macau back in party mood as casinos surge

    Posted Jan 24th 2011, 12:00am by Staff Reporter

    ... Neil Gough Crisis? What crisis? The painful credit crunch, widespread lay-offs and payouts, stalled billion-dollar projects, and near bankruptcies that plagued Macau casino operators in 2008-09 all seem like distant memories. Today, investors are partying like it was 2007 all over again. Shares in four of the five Hong Kong-listed Macau casino operators hit lifetime highs ...




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