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  1. Business - Companies - GAMING

    Wealthy mainlanders drive Macau casino revenue up 13pc

    Posted May 02nd 2013, 02:53pm by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com The gaming industry in Macau saw takings hit the second-highest level this year last month, though casino firms' shares fell yesterday Wealthy mainlanders drive casino revenue Macau's gaming industry revenue rose 13.2 per cent year on year last month, as strong demand from wealthy visitors from the mainland continued. Revenue ...

  2. 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 ...

  3. Business - Companies - GAMING

    Junket firms milk their 'big whale' contacts

    Posted Jul 01st 2013, 03:03pm by Reuters

    ... Reuters in Macau Operators who bring high spenders to Macau's casinos are using their contacts and their cash to expand into areas from mining to media Junket firms milk their 'big whale' contacts When junket operator Suncity opened its first high roller baccarat table at Steve Wynn’s Macau casino in 2007 to lure China’s wealthiest punters, the firm had fewer ...

  4. Business - Companies

    Macau sees June gambling revenue rise by a fifth

    Posted Jul 02nd 2013, 12:00am by Sophie Yu

    ... of mainland tourists. Its casinos took in 28.3 billion patacas in June, the Macau Gaming Inspection and Coordination Bureau said yesterday. With that, gaming revenue stood at 171.4 billion patacas in the first half of the year, up 15.3 per cent year on year. About 70 per cent of Macau's gaming revenue comes from the high-rollers market, or VIP gamblers. Casino operators in Macau are making ...

  5. News - Asia - PHILIPPINES

    Opening of Solaire casino launches Manila's new gambling hub

    Posted Mar 16th 2013, 12:00am by BLOOM

    ... Bloomberg in Manila Gambling complex is launched today with the opening of port tycoon's US$1.2b Solaire resort First roll of dice in Manila's new casino hub The Philippines today opens the first casino in a hub designed to emulate the success of Macau. Port tycoon Enrique Razon's US$1.2 billion Solaire Manila casino will have a monopoly within Manila's ...

  6. News - World - AUSTRALIA

    Australia's Crown Casino hit for A$32m in 'Oceans Eleven-style' sting

    Posted Mar 16th 2013, 12:00am by AFP

    ... Agence France-Presse in Melbourne Casino loses HK$257m in bet scam Australia's largest casino has alerted police after a high-roller reportedly netted A$32 million (HK$257 million) in an Ocean's Eleven -style betting scam. A foreigner staying at the Crown Casino was involved in the sting, which it believes accessed its surveillance cameras trained on players and croupiers, ...

  7. News - Asia - GAMBLING

    Asian casinos solve conservative beliefs by allowing foreigners only

    Posted Jan 28th 2013, 12:00am by AFP

    ... Agence France-Presse in Seoul Conservative countries limit their citizens' access to casinos to minimise the negative impact of betting while raising revenue Casinos playing it safe with foreigners The casino industry is booming across Asia, offering anyone looking for high-stakes action a wide choice of venues, from high-tech South Korea to the Himalayan nation of Nepal ...

  8. News - Asia - VIETNAM

    Slot machine 'mistake' costs Vietnamese casino US$55 million

    Posted Jan 09th 2013, 12:00am by AFP

    ... Agence France-Presse in Hanoi Casino must pay US$55mjackpot, court rules An American who hit a US$55 million jackpot on a slot machine in a five-star Vietnamese hotel has won his lawsuit against the casino after it refused to pay him. A court in Ho Chi Minh City ruled in favour of the gambler on Monday. Media reports said the hearing found that the man should be allowed to collect ...

  9. Business - Companies - GAMING

    Manila gambles on attracting the high rollers

    Posted Mar 18th 2013, 12:00am by Bloomberg

    ... Bloomberg in Manila Casinos are being opened on the edge of capital to draw big spenders away from Macau Manila gambles on attracting the high rollers The first casino in the hub ... casino will have a monopoly in the Philippine capital city's new entertainment and gambling complex in Pasay city until the country's richest man, Henry Sy, opens a venture there next ...

  10. Business - Companies

    Engineering firm Paul Y bets on Macau hotel-casino venture

    Posted Nov 22nd 2012, 02:24am by Sophie Yu

    ... controlled by  Charles Chan Kwok-keung  plans to build a five-star hotel and casino on Macau’s Cotai Strip. It said it had set a budget of about HK$6.5 billion for the project but did not elaborate under which casino operator’s gaming licence it would operate. According to the Business Daily, the government is yet to give permission to include gaming facilities in the hotel. The service ...




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