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  1. Chips are down at Wynn Macau

    Posted Jul 19th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Wynn Macau, the Hong Kong-listed unit of billionaire Steve Wynn's Las Vegas operation, reported a 7.1 per cent drop in second-quarter revenue as a slowing ... stock exchange. Wynn Macau announced last month that it would invest US$4 billion in a new project on the Cotai Strip, where it lacks a presence. The casino giant now operates a single high-end ...

  2. Sands China gets approval to delay Macau casino construction

    Posted Jul 17th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Sands China says the Macau government has given it more time to build a casino resort on a site in Cotai but expects to pay a penalty for the delay. The Macau ... according to the statement. Sands Macau spokeswoman Melina Leong said last week that the casino developer was behind schedule because it had been focusing on another project- the US$5 billion Sands ...

  3. Madagascar comes to Macau

    Posted Jul 22nd 2012, 12:00am

    ... Barry C Chung Everyone knows that Macau has lots of attractions for adults, but what about the kids and teens? Well, recently I swam on a beach, played awesome video games and visited Madagascar- all under one roof on the Cotai Strip! First I went to the Galaxy Hotel's Madagascar 3 Summer Carnival. The East Square of this enormous hotel is lined with Madagascar 3 characters, ...

  4. Hiring crisis threatens Macau

    Posted Jun 23rd 2012, 12:00am

    ... Hilda Poon As a rapidly growing gaming market, Macau is desperate for talented and experienced workers. The city had 28 million visitors, and enjoyed 21 per cent economic growth, last year- and is close to full employment. With a population of more than 560,000, Macau's unemployment rate for February to April 2012 was just 2 per cent, according to the city's ...

  5. SJM revenue soars as its Macau market share falls

    Posted May 08th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com SJM Holdings, a unit of Macau casino billionaire Stanley Ho Hung-sun's former Macau gaming monopoly, said revenue increased 8.5 per cent in the first ... the mainland. Grand Lisboa is located on Macau's peninsular. SJM said its gaming revenue accounted for 27.3 per cent of Macau's casino gaming market during the quarter, compared with 31.9 per ...

  6. Macau's 'game changer'

    Posted Apr 25th 2012, 12:00am

    ... Macau has strengthened its position as an integrated travel destination in Asia with the opening of new facilities on the Cotai Strip. They not only offer accommodation and casinos, ... Central is a game changer for the future of Macau as a leisure, entertainment, and business location,' says Sheldon Adelson, chairman of Las Vegas Sands and Sands China. 'There were few ...

  7. VIP bets fuel 24.4pc surge in Macau casino revenue

    Posted Apr 03rd 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Gaming revenue in Macau, the world's largest casino gaming destination, rose 24.4 per cent to 25 billion patacas last month, according to government ... for this year will be about 20 per cent, aided by a stable policy on the mainland. Gaming revenue rose 42 per cent last year to 268 billion patacas, according to Macau's Gaming Inspection ...

  8. Sands opens new Macau resort, and looks to Spain

    Posted Apr 12th 2012, 12:00am

    ... Sophie Yu in Macau sophie.yu@scmp.com Casino mogul Sheldon Adelson said he planned to invest US$35 billion to build gambling resorts in Spain, after opening the US$4.4 billion Sands Cotai Central in Macau yesterday. Macau's newest addition stands opposite Adelson's The Venetian and is expected to strengthen Sands China's position on the Cotai Strip. The Cotai Central ...

  9. Shun Tak plans top hotel for Macau

    Posted Mar 27th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Shun Tak Holdings, which runs businesses ranging from property to shipping and hotels, says it plans to build 'an ultra-luxury hotel' on Macau ... to soaring fuel costs. A final dividend of 4 HK cents would be declared for the second half, against 6 HK cents in the previous year. 'The group is in discussion with the Macau government on its ...


    Posted Mar 16th 2012, 12:00am

    ... Chinese Estates is marketing La Scala on Macau's Cotai Strip, with sales campaigns in Hong Kong, Beijing, Shanghai and Shenzhen. The first of four phases of the HK$20-billion project will offer 899 units. One Oasis in Cotai South is also on the market. Offering a resort lifestyle near a golf course, it has already presold over 500 of its 870 apartment units and is jointly ...




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