• Friday
  • November 28, 2014
  • Last updated: 6:27am
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 238 for casinos in macau

Related topics matching your search

Search results

  1. Business - Economy - GAMING

    Macau rakes in 20pc gain in July gaming revenues

    Posted Aug 01st 2013, 03:48pm by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com World's largest casino hub rakes in 20pc more year on year despite cutbacks by high-rollers Mass-market gamblers boost Macau's revenues Gambling revenue in Macau rose 20 per cent last month from a year earlier, bolstered by growth in the mass gaming market, despite the slowdown in the mainland's economic expansion. Casinos ...

  2. Business - Companies - CONSTRUCTION

    CSCI pins growth hopes on casinos and housing

    Posted Mar 22nd 2013, 12:00am by Toh Han Shih

    ... State Construction International (CSCI) is banking on the boom in Macau's casino construction, as well as affordable housing in Hong Kong and on the mainland, to drive its revenue ... on the synergy between Hong Kong and Macau, and place its focus on mega-casino and public housing projects. With the Hong Kong government providing public housing, government projects will be a main ...

  3. Business - China Business

    Macau gambling revenue rises 8pc in November

    Posted Dec 03rd 2012, 06:47pm by Reuters in Hong Kong

    ... Reuters in Hong Kong Gambling revenue in Macau, the world’s largest casino market, rose 7.9 per cent in November year-on-year, boosted by strong spending from China’s emerging middle class ... showed on Monday. The figure was in line with analyst estimates predicting a 7-8 per cent growth rate. Macau is the only place in China where people can legally gamble at casinos. While growth ...

  4. Business - Money

    Casino owner Macau Legend relaunches smaller Hong Kong IPO

    Posted Jun 26th 2013, 08:23am by Reuters

    ... Reuters in Hong Kong Casino owner Macau Legend Development Ltd relaunched on Wednesday its Hong Kong initial public offering, slashing the deal by more than half because of weaker than expected demand caused by volatile global markets. The company, which owns the Macau Fisherman’s Wharf development, is now seeking to raise up to US$360 million by selling 934.83 million new ...

  5. Business - Companies

    Casino operator Macau Legend launches up to US$786m for HK IPO

    Posted Jun 07th 2013, 03:52pm

    ... Reuters Casino operator Macau Legend Development launched on Friday an up to US$786 million initial public offering in Hong Kong, according to a term sheet of the deal seen by journalists. The company and shareholders Lam Fong Ngo and Grand Bright are selling 2.05 billion shares in the offering, of which 86.2 per cent are new shares issued by Macau Legend, and the remainder existing ...

  6. Business - Companies - GAMING

    Macau casinos' revenue climbs to HK$290b in 2012

    Posted Jan 03rd 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Growth attributed to a surging mass-market customer base and long-awaited rise in VIP play Macau casinos ace the year with record profits Macau's casino ... by the casinos certainly also contributed to the robust growth," she said. Visitor arrivals in Macau rose 0.5 per cent to 25.6 million in the first 11 months last year, with 60 per cent coming from ...

  7. Business - Companies - GAMING

    Macau Legend to roll the dice on Hong Kong IPO

    Posted Jan 04th 2013, 12:00am by RAY CHAN AND SOPHIE YU

    ... Ray Chan and Sophie Yu But lack of its own gaming licence likely to dampen price of casino operator's new shares Macau Legend to roll the dice on HK IPO Macau Legend Development, a casino operator owned by former Macau lawmaker David Chow Kam-fai, aims to raise up to US$800 million in a Hong Kong initial public offering in the second quarter, according to people familiar ...

  8. Business - Companies - CASINOS

    Wynn Macau profits slump 18pc

    Posted Feb 02nd 2013, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Income drops to US$196.8 million in quarter in worst results among listed gaming resorts Wynn Macau profits slump by 18pc Wynn Macau, controlled by Las Vegas' Wynn Resorts, yesterday reported the worst results among all listed gaming resorts in Macau by posting an 18 per cent year-on-year drop in net profit for the fourth quarter last year. ...

  9. Business - Companies - EARNINGS

    Casino operator Wynn Macau’s revenue slumps 5.6pc in third quarter

    Posted Oct 29th 2014, 10:03am by undefined

    ... a hand in creating the "perfect storm" for casino operators, Wynn Macau chairman Stephen Wynn said on an earnings call after the company posted an 8.2 per cent drop in net profit ... appeared to be misconduct and corruption in the government … have had an impact on Macau. We all noticed it," Wynn said. The casino operator announced third-quarter revenue fell 5.6 per cent ...

  10. Business - China Business - GAMING

    China's high rollers heading to overseas casinos instead of Macau

    Posted Sep 18th 2014, 05:57am by Bloomberg

    ... overseas China's high-spending gamblers are looking to bet outside Macau amid a government assault on corruption and extravagance, and that is boosting casinos from the Philippines to the Las ... That is while Macau, the one place in China where casinos are legal, has suffered three consecutive months of declining gambling revenue as the anti-graft crackdown shows no signs of abating. MGM ...




SCMP.com Account