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  1. It's blackmail and extortion, says Sands casino chief

    Posted Mar 30th 2011, 12:00am by Staff Reporter

    ... Sands and Four Seasons casino resorts in Macau and is building a new US$4 billion Cotai strip complex. Adelson said the US investigation into Las Vegas Sands began a week ago, and that his ...

  2. Genting HK swings to profit as casino business picks up

    Posted Aug 31st 2010, 12:00am by Staff Reporter

    ... Neil Gough Shares in cruise operator and Philippines casino investor Genting Hong Kong rose to a fresh 31-month high yesterday after the company said it swung to a profit during the first six months of the year. Genting Hong Kong, part of Malaysia's Genting Group, said cost cutting on its Asian cruise operations and positive profit from its new Manila casino helped offset ...

  3. MGM, Pansy Ho hope second Cotai casino plans will aid listing in HK

    Posted Aug 05th 2010, 12:00am by Staff Reporter

    ... Neil Gough MGM Resorts International and partner Pansy Ho Chiu-king are betting plans for a second Macau casino on the Cotai strip will boost their prospects for listing on the Hong Kong ... The MGM Macau struggled in its first year in business but profitability has since improved with the growth of the overall market and a ramp-up of the casino's VIP business. The property ...

  4. 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 ...

  5. Investors in casino stocks take money off table

    Posted Oct 29th 2009, 12:00am by Nick Westra

    ... Kong-listed casino stocks a boost for much of this year. Selling pressure had already picked up earlier this month after Guangdong provincial officials tightened travel restrictions to the gambling enclave following reports that casino revenues were on the mend. The third-quarter take increased from the previous quarter, totalling 31.78 billion patacas, according to data released ...

  6. Casinos return to growth as revenue hits 9.57b patacas

    Posted Aug 05th 2009, 12:00am by Staff Reporter

    ... Neil Gough Casinos in Macau unexpectedly snapped a seven-month losing streak last month, returning to positive year-on-year growth for the first time since November last year. Casino ... to Portuguese news agency Lusa. Revenue last month was up 16 per cent from June and was 13.2 per cent above average monthly casino revenue over the preceding 12 months. 'This was better than our ...

  7. Casino sued after gamble by NZ pair on run

    Posted May 29th 2009, 12:00am by Staff Reporter

    ... casinos and hotels in Macau and Las Vegas, according to New Zealand media reports. The NZ$10 million was made available to Leo Gao, 29, by 'human error' after he applied to Westpac bank ...

  8. Casino stocks take a beating over profit fears

    Posted Jul 03rd 2008, 12:00am by Staff Reporter

    ... Neil Gough Las Vegas Sands Corp chairman and majority shareholder Sheldon Adelson, whose company is spending about US$14 billion on casino resorts in Macau, has made a paper loss exceeding ... is just one of the more telling examples of how far out of favour Macau casino operators have fallen in recent months and it is not the worst. Despite soaring gaming revenue growth in the city- up ...

  9. New skipper at the helm of Sands casino

    Posted Nov 29th 2004, 12:00am by Freda Wan

    ... Freda Wan in Macau Six months after opening, the Sands casino has picked a new top gun to lead the company in Macau. Frank McFadden, chief operating officer of Casinos Austria ... is the latest management reshuffle at Macau's most popular casino. A source within the Sands confirmed that Thuy Trinh, who was the top Macau-based leader when the Sands opened, would continue ...

  10. 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- ...




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