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  1. Sands income up on V.I.P. junkets

    Posted Jul 28th 2011, 12:00am

    ... in the Macau casino company, owned by Las Vegas-based Sheldon Adelson, yesterday rose 9.9 per cent to close at HK$23.40- their biggest one-day increase since the company's inception in 2009- after ... Quarterly statistics from the Gaming Inspection and Co-ordination Bureau show 74 per cent of the gambling revenue of Macau's 34 casinos came from the high-rolling VIP customers, who are mainly ...

  2. Casino sues gambler for millions

    Posted Dec 21st 2011, 12:00am

    ... Neil Gough neil.gough@scmp.com MGM China's Macau casino unit is suing longtime VIP junket agent and North Korean tour operator Wong Sing-wa for failing to repay half of a three-year-old, HK$10 million debt. MGM Grand Paradise, the Macau gaming licensee controlled by Las Vegas casino firm MGM Resorts International and Pansy Ho Chiu-king, daughter of Stanley Ho Hung-sun, ...

  3. Casino rivals watch closely as Galaxy Macau opens

    Posted May 15th 2011, 12:00am

    ... Neil Gough in Macau Rivals in the world's largest casino market are watching closely as Macau's biggest casino in two years opens its doors today. The HK$15.5 billion Galaxy ... as what's built here is good, Macau will in the long run be a better place to come to and we'll get our share off the top. If a bad place opens- another one of those casinos in [converted] ...

  4. COOLING down

    Posted Nov 03rd 2011, 12:00am

    ... from local wealthy people with a solid economy backed by the casino industry,' he says. 'Non-local capital involved in Macau's residential market is estimated at 10 per cent, ... Kenneth Ko Macau's luxury residential market has experienced similar fortunes to Hong Kong's this year, with fewer transactions in the second half, a sharp turn from brisk trade ...

  5. City's delectable delights

    Posted Sep 18th 2011, 12:00am

    ... Bernice Chan Sunday brunch and Macau seem to go hand in hand. The laid-back atmosphere of the former Portuguese enclave is an invitation for simultaneous relaxation and indulgence. When it comes to buffet brunches, some diners like to put a bit of everything on their plates while others target more expensive items such as oysters, lobsters and foie gras. Altira Macau ...

  6. Showtime

    Posted Apr 06th 2011, 12:00am

    ... of Dancing Water at the City of Dreams, both in Macau. While the shows target families and tourists, they are expected to have special appeal to MICE delegates who always look for something different ...

  7. Macau's casinos rewrite the record books

    Posted Nov 02nd 2011, 12:00am

    ... Neil Gough neil.gough@scmp.com Macau casino revenue again set a record last month, soaring 42.3 per cent from a year earlier to 26.8 billion patacas (HK$25.5 billion). Any signs ... revenue was 'a pretty strong number, slightly better than expected', Macquarie Securities' head of Asian consumer and gaming research Gary Pinge said. Macau's 34 casinos booked ...

  8. Galaxy casino takes billion a day in stakes

    Posted Sep 01st 2011, 12:00am

    ... than HK$1 billion a day. But despite the boost from the property, which opened in May, the Macau casino operator controlled by the family of property to construction tycoon Lui Che-woo said ... ago. As usual, high-stakes VIP revenue drove the rally. The addition of Galaxy Macau to the company's five-year-old StarWorld casino boosted total VIP gambling chip turnover to more than ...

  9. Winning streak continues into July for Macau

    Posted Aug 02nd 2011, 12:00am

    ... Neil Gough neil.gough@scmp.com Macau's casinos had a blockbuster July, with monthly gambling revenue exceeding US$3 billion for the second time on record. Its winning streak continued ... cent and 5.3 per cent. Casino revenues in Macau rose 45.2 per cent in the first seven months of the year to 148.34 billion patacas. Union Gaming Research Macau analyst Grant Govertsen yesterday ...

  10. Casinos relying more on junkets

    Posted Jul 18th 2011, 12:00am

    ... Neil Gough neil.gough@scmp.com Macau's booming casinos are now more reliant on VIP gambling junkets and their high-rolling customers than at any point during the last six years, data ... billion patacas. Macau's growing reliance on the high-volume, low-margin VIP segment means the success of casino operators- and of the city itself- is increasingly susceptible to liquidity ...




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