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  • September 17, 2014
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  1. News - China - MACAU

    Casino staff take to Macau streets to demand better pay and bonuses

    Posted Sep 14th 2014, 06:34am by Raquel Carvalho

    ... Raquel Carvalho raquel.carvalho@scmp.com Clad in black, hundreds march for higher wages and better bonuses as gaming operators across Macau face mounting staff demands Casino staff take to streets in pay protest Hundreds of staff working in Macau magnate Stanley Ho Hung-sun's casinos yesterday marched through streets surrounding two of his casinos, Grand Lisboa and Casino ...

    http://www.scmp.com/news/china/article/1591952/sjm-casino-staff-take-macau-streets-demand-better-pay-and-bonuses
  2. Business - Companies - GAMING

    Trump casinos file for bankruptcy as Atlantic City gaming revenues slump

    Posted Sep 10th 2014, 10:30am by McClatchy Tribune

    ... McClatchy Tribune in Atlantic City The purge of the weakest casinos in Atlantic City, New Jersey, continued on Tuesday, as Trump Entertainment Resorts filed for bankruptcy in Delaware, a week before it plans to close Trump Plaza, putting a fifth Atlantic City casino in danger of closing this year. After a previous bankruptcy in 2010, during which Donald Trump lost control ...

    http://www.scmp.com/business/companies/article/1589207/trump-casinos-file-bankruptcy-atlantic-city-gaming-revenues-slump
  3. News - China - MACAU

    Macau casino workers join protests for higher wages as labour unrest sweeps territory

    Posted Sep 03rd 2014, 10:44pm by Bloomberg

    ... Bloomberg Faced with rising housing and living costs, thousands of employees have repeatedly joined protests for higher wages and better working conditions Macau casino workers raise the stakes Cloee Chao remembers when she first decided to challenge the billionaires of the world's largest gambling hub. The 34-year-old single mother of two was working in a Macau casino ...

    http://www.scmp.com/news/china/article/1584558/macau-casino-workers-join-protests-higher-wages-labour-unrest-sweeps
  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

    ... Associated Press in Atlantic City In an unprecedented few days amid sliding profits in the gambling resort of Atlantic City, three casinos will have closed and 5,000 jobs will be lost The house doesn't always win A time few could imagine during the not-too-distant glory days of casino gambling has arrived in Atlantic City, where two casinos are closing this week and a third ...

    http://www.scmp.com/news/world/article/1582449/house-doesnt-always-win-atlantic-city-two-casinos-close
  5. Business - Companies - EQUITIES

    Macau casinos suffer third straight month of falling revenue

    Posted Sep 01st 2014, 11:32am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Revenue drops for the third straight month as high-rolling mainland gamblers hold back Rapid fall in Macau casino market Gambling revenue in Macau's casinos dropped for the third consecutive month in August as high-rolling mainland gamblers held back on big-ticket punting since Beijing intensified its crackdown on corruption. That sparked ...

    http://www.scmp.com/business/companies/article/1582823/shares-casino-giants-fall-macau-gaming-data
  6. News - China - MACAU

    Macau casino workers start industrial action to push for higher pay

    Posted Aug 30th 2014, 03:41pm by Raquel Carvalho

    ... Raquel Carvalho raquel.carvalho@scmp.com Unprecedented industrial action ahead of Chui's election Macau casino croupiers yesterday began an unprecedented campaign of industrial action ... as an increasingly restive city prepared for Fernando Chui Sai-on's re-election as leader running unopposed for a second term today. Yesterday's action by the casino workers- which included ...

    http://www.scmp.com/news/hong-kong/article/1581960/macau-casino-workers-plan-industrial-action-push-higher-pay
  7. News - World

    Casinos in US ban Google Glass over cheating concerns at gambling tables

    Posted Jun 07th 2013, 12:00am by AP

    ... Associated Press in Atlantic City, United States Google Glass banned by casinos over cheating fears Casinos in the United States are forbidding gamblers from wearing Google Glass, the tiny ... issued a directive on Monday ordering Atlantic City's 12 casinos to bar casino patrons from using the device. Similar bans are already in place at casinos in Las Vegas and Ohio, among other ...

    http://www.scmp.com/news/world/article/1255060/casinos-us-ban-google-glass-over-cheating-concerns-gambling-tables
  8. Business - China Business - GAMING

    Macau casinos grapple with slowing revenue and unexpected staff costs

    Posted Aug 09th 2014, 04:10am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Costs, slowing revenue hurt casinos Macau casino operators are in a downturn as they grapple with slowing revenue and rising labour costs in the second quarter that were not expected until next year after years of delivering double-digit growth. For the year so far, share prices for the six casino operators in the world's biggest gaming hub ...

    http://www.scmp.com/business/china-business/article/1569580/macau-casinos-grapple-slowing-revenue-and-unexpected-staff
  9. Business - Companies - GAMING

    Galaxy expands budget for flagship's second phase

    Posted Mar 26th 2013, 06:33pm by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Group reports doubling in net profits and no VIP fallout from Beijing's anti-graft drive Galaxy expands budget for flagship's second phase Casino operator Galaxy Entertainment is increasing its budget for the second phase of Galaxy Macau to HK$19.6 billion from HK$16 billion. The company expects the second phase of its flagship project ...

    http://www.scmp.com/business/companies/article/1200312/casino-operator-galaxys-net-profit-doubles-2012-hit-record
  10. News - China

    Macau casinos withhold 133 slot machine payouts claiming wins were due to 'mechanical errors'

    Posted Jul 16th 2014, 02:58am by Stuart Lau

    ... Stuart Lau in Macau stuart.lau@scmp.com The Macau government has brushed off calls for tighter casino controls, amid accusations that operators in the world's gaming capital are unfairly withholding prize money from winners. The casinos have reportedly refused 133 gamblers their winnings, claiming that their wins are the result of "mechanical errors"- a practice ...

    http://www.scmp.com/news/china/article/1555051/macau-slot-players-protest-being-denied-winnings

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