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  • August 1, 2014
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  1. Business - Companies - MONEY MATTERS

    Odd silence as casino chips fall

    Posted May 02nd 2014, 11:52am by Shirley Yam

    ... Shirley Yam With the top-5 gaming stocks losing more than 10pc of their value in just four days, regulators should have at least been asking the right questions Silence as casino chips ... the absconder find so much cash? Could it have come from a casino? From time to time, casinos do extend credit lines to junkets so that they can use the money to draw betting chips for customers. ...

  2. Business - Comment - MONEY MATTERS

    Casino junket stocks much the same as playing slot machines

    Posted Mar 01st 2014, 12:32am by Shirley Yam

    ... Shirley Yam Junket stocks are profit sharing agreements that don't disclose their trading terms with casinos and clients, raising the risk for investors Casino junket stocks much the same as playing slot machines Casino junket stocks are steaming hot. After all, Beijing's anti-graft campaign doesn't seem to have scared many high rollers into retreat and the stakes ...

  3. Comment - Letters

    Letters to the Editor, July 23, 2014

    Posted Jul 23rd 2014, 04:16am by LETTERS

    ... tests respected globally As an adviser to the Macau gambling regulator, I refer to the report (" Macau casinos withhold 133 slot machine payouts claiming wins were due to 'mechanical ...

  4. Comment - Insight & Opinion

    China must crack down on rampant insider trading

    Posted Jun 18th 2014, 12:09pm by Hu Shuli

    ... stock market to a casino, "perhaps even worse than a casino". Sadly, the description is still apt today. The gambling may even have got worse. What is new today is the use of social ...

  5. Comment - Insight & Opinion

    Rationality is no safeguard against another world war

    Posted Jun 28th 2014, 05:03am by ANDREAS HERBERG-ROTHE

    ... to pursue their political and economic interests. But we should not allow ourselves to bet, casino-style, that military conflicts and strategies would not escalate into great power wars. The aim ...

  6. Comment - Insight & Opinion - MY TAKE

    Casino's honour is just a house of cards

    Posted Aug 23rd 2012, 12:00am by Bonny Schoonakker

    ... Bonny Schoonakker bonny.schoonakker@scmp.com Casino's honour is just a house of cards It's probably sensible to stay away from casinos in general, but it's definitely a good ... of race is relevant because three of the punters have accused the Atlantic City casino of refusing to pay because it had "discriminated against them based on their Chinese heritage", ...

  7. Comment - Letters

    Letters to the Editor, June 13, 2014

    Posted Jun 13th 2014, 03:42am by LETTERS

    ... Lam   Anti-graft fight reshaping retail habits The plunge in sales of luxury goods and casinos' share prices is not surprising amid the mainland corruption crackdown (" Drop in retail sales biggest in five years " and " Macau casinos' shares prices fall after bad month ", June 4). Jake van der Kamp's view (" Graft has clearly not harmed ...

  8. Comment - Insight & Opinion

    Rule of law key to tackling corruption in China

    Posted Jun 03rd 2014, 02:44am by SCMP Editorial

    ... and Politburo Standing Committee member Zhou Yongkang, which would be China's biggest corruption trial. A court in Xianning found Liu guilty of 13 charges including murder, running casinos ...

  9. Business - Comment - JAKE'S VIEW

    Dirty money alarmism just doesn't wash

    Posted Apr 21st 2014, 11:52pm by Jake Van Der Kamp

    ... doesn't wash According to the [PricewaterhouseCoopers (PwC) survey on economic crime], 37 per cent of companies in Hong Kong and Macau- mainly banks and casinos- had experienced money laundering ... things to take note of here. First is that bit in the excerpt above about "... and casinos". Why is Hong Kong to be lumped in with Macau when we have gone out of our way to keep casinos ...

  10. Comment - Blogs

    Crackdown on Chinese officials likely to dent Macau casinos

    Posted May 22nd 2013, 12:59am by Anna Healy Fenton

    ... Anna Healy Fenton anna.fenton@scmp.com It all gets very murky when the lethal cocktail of wealthy mainland gamblers is mixed with Macau casinos and huge debts. In Yang Kun’s case, it seems ... seems perhaps the cash was actually used to pay off 3 billion yuan (HK$3,76 billion) of Macau casino debts. Yang is still helping the authorities with their inquiries. After nearly 30 years ...




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