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  1. Business - Money - GAMING

    Industry experts rule out problems in Macau casino licence renewal

    Posted Feb 20th 2014, 01:16am by Sophie Yu

    ... rule out casino licence problems The gaming licences held by Macau's six casino operators are more likely to be renewed smoothly than to face renewal every five to 10 years, contrary ... said. He said that could be what had generated the rumours. Some Hong Kong newspapers reported yesterday that when the six casino operators needed to renew their licences, from 2020 ...

    http://www.scmp.com/business/money/article/1431396/industry-experts-rule-out-problems-macau-casino-licence-renewal
  2. Business - Companies - GAMING

    US casino operators split over internet gambling

    Posted Feb 11th 2014, 11:36am by Associated Press in Las Vegas

    ... Associated Press in Las Vegas Some players raise concerns over the possibility of money laundering, while others argue online gambling will eliminate a black market U.S. casino operators split over internet wagering Many experts believe online wagering is the future of gambling, but the casino industry is increasingly divided on the issue. The latest evidence of the split came ...

    http://www.scmp.com/business/companies/article/1425906/us-casino-operators-split-over-internet-gambling
  3. News - Hong Kong - CRIME

    Triad surveillance stepped up after chopping attack on gangland boss

    Posted Aug 13th 2014, 04:34am by Clifford Lo

    ... Clifford Lo clifford.lo@scmp.com Revenge attacks feared after alleged gangster hurt amid underworld struggle for power Police on high alert after triad chopping Police have stepped up surveillance on a notorious triad amid fears of revenge attacks after a brazen chopper assault on an alleged gangland boss last week. Sources say the 49-year-old victim is connected to a casino junket ...

    http://www.scmp.com/news/hong-kong/article/1572307/police-high-alert-after-wo-shing-wo-triad-chopping-case
  4. Comment - Insight & Opinion - LEADER

    Guo Meimei scandal shows Chinese Red Cross must clean up its act

    Posted Aug 11th 2014, 04:08am by SCMP Editorial

    ... continued to share photos of herself at luxury resorts and restaurants and Macau's casino tables on Weibo. In the CCTV report she admitted to operating a gambling venture in Beijing and working ...

    http://www.scmp.com/comment/insight-opinion/article/1570876/guo-meimei-scandal-shows-chinese-red-cross-must-clean-its
  5. News - World - CRIME

    Hongkongers among eight arrested in multimillion dollar US illegal World Cup gambling raid

    Posted Jul 15th 2014, 12:00pm by Clifford Lo and AP

    ... 36, Fan Yung-keung, 46, and Zhang Yan, 40, along with four Malaysians and one mainland Chinese in an alleged scheme to take bets over Wi-fi and DSL lines they had casino employees install in their rooms. Casino officials became suspicious of the elaborate set-up, featuring multiple monitors and large television screens tuned in to World Cup games, which had the makings of a gambling ...

    http://www.scmp.com/news/world/article/1554645/hongkongers-among-8-arrested-las-vegas-multimillion-dollar-illegal-world
  6. Business - China Business - EARNINGS

    MGM China reports 23pc rise in net profit

    Posted Aug 06th 2014, 10:28am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Macau casino operator MGM China posted a 23 per cent rise in year-on-year net profit during the six months ended June 30, driven by strong growth in the mass market segment. Net profit reached HK$3.04 billion, while revenue increased 12 per cent to HK$13.7 billion. The company, which is 51 per cent owned by US-listed MGM Resorts International, ...

    http://www.scmp.com/business/companies/article/1567448/mgm-china-reports-23pc-rise-net-profit
  7. Business - Companies

    Manila's City of Dreams casino a bet on China, says James Packer

    Posted Jan 28th 2014, 12:27am by Raissa Robles and Reuters

    ... Raissa Robles and Reuters in Manila Luxury Nobu hotel added to attractions as Philippines aims to take on Singapore Manila casino a bet on China, says Packer Luxury boutique hotel chain ... Asked yesterday how these tensions would affect the casino's drive to attract Chinese high rollers, Ho was upbeat. "I think the beauty of it is that we're in an industry ...

    http://www.scmp.com/business/companies/article/1415347/manilas-city-dreams-casino-bet-china-says-james-packer
  8. Business - Banking & Finance

    Las Vegas casinos to accept bitcoin virtual currency

    Posted Jan 22nd 2014, 02:02pm by Reuters

    ... Reuters Customers will be able to use virtual currency to pay for hotel rooms and related purchases Las Vegas casinos to accept bitcoins Two Las Vegas casino hotels will become the first known US commercial gambling houses to allow the use of the unregulated digital payment system bitcoin, casino officials said on Tuesday. The Golden Gate Hotel and Casino and The D Las Vegas ...

    http://www.scmp.com/business/banking-finance/article/1411035/las-vegas-casinos-accept-bitcoin-virtual-currency
  9. Business - Companies - GAMING

    Galaxy casino chairman Lui Che-woo wants to expand beyond Macau

    Posted Jan 30th 2014, 05:01am by BLOOM

    ... Bloomberg Galaxy chairman wants to expand beyond Macau Lui Che-woo became Asia's second-richest person by setting up a casino company that within a decade became the world's ... Lui plans to expand his business empire beyond Macau and said he was open to acquiring US casinos. Meanwhile, Galaxy, which is spending about US$10 billion to expand its gambling resort ...

    http://www.scmp.com/business/companies/article/1417025/galaxy-casino-chairman-lui-che-woo-wants-expand-beyond-macau
  10. Business - Money - IPO WATCH

    Maths behind junket outfit Iao Kun's Hong Kong listing plan looks wobbly

    Posted Jul 14th 2014, 03:09am by Ray Chan

    ... Ray Chan Cost of Iao Kun's listing by introduction exceeds 2013 profit, just as Macau's casino glory days end Maths behind junket outfit's listing plan looks a bit wobbly ... document. In contrast to the glittering times of the past few years, Macau casino and junket stocks have been battered by the mainland's crackdown on corruption and a curb on the surge ...

    http://www.scmp.com/business/money/markets-investing/article/1553548/maths-behind-junket-outfit-iao-kuns-hong-kong

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