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  1. News - China - POLITICS

    It's official: Macau chief executive Fernando Chui will seek re-election

    Posted Jul 15th 2014, 02:59am by Stuart Lau

    ... Stuart Lau stuart.lau@scmp.com Macau chief executive launches re-election bid Macau's chief executive, Dr Fernando Chui Sai-on, will formally launch his re-election bid today amid ... platform when he formally announced his candidacy today. Chui's first five-year term saw Macau's economy surpass Switzerland's and claim the world's fourth-highest per capita ...

    http://www.scmp.com/news/china/article/1554349/its-official-macau-chief-executive-fernando-chui-will-seek-re-election
  2. Business - Money - GAMING

    Industry experts rule out problems in Macau casino licence renewal

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

    ... Sophie Yu and Yvonne Liu Macau's six gaming operators expected to see smooth renewal of permits amid talk of Beijing using issue to gain leverage in Sino-US relations Industry experts 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 ...

    http://www.scmp.com/business/money/article/1431396/industry-experts-rule-out-problems-macau-casino-licence-renewal
  3. 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
  4. Business - Money - WEALTH

    Macau's casino boom propels Lui Che-woo to No 2 on Hong Kong's rich list

    Posted Jan 09th 2014, 03:56pm by Peggy Sito

    ... Entertainment chairman Lui Che-woo has ridden Macau's casino boom to become Hong Kong's second-richest person, according to Forbes magazine. The 84-year-old tycoon saw his net worth rise ... to Macau's casino boom. "Macau is presently the world's biggest gaming centre, and casinos there took in 18.6 per cent more cash in 2013 than the year before," it said. Lui began his ...

    http://www.scmp.com/business/money/wealth/article/1401485/macaus-casino-boom-propels-lui-che-woo-no-2-hong-kongs-rich
  5. 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 ...

    http://www.scmp.com/business/companies/article/1196722/csci-pins-growth-hopes-casinos-and-housing
  6. New Macau casino bets on mainland, HK

    Posted Apr 15th 2009, 12:00am by Dennis Eng

    ... Dennis Eng in Macau The newest casino hotel resort on Macau's Cotai Strip expects to rely, at least initially, on the mainland for about half its visitors, with another quarter coming ... realistically across all operators in Macau, are similar. Mainland China, particularly southern China, and Hong Kong are the primary inbound segments.' The casino-hotel development is the only ...

    http://www.scmp.com/article/676871/new-macau-casino-bets-mainland-hk
  7. News - World - GAMBLING

    The house doesn't always win in Atlantic City as two casinos close

    Posted Sep 01st 2014, 04:44am by AP

    ... are not unique to Atlantic City. Macau casino operators are in a downturn as they grapple with slowing revenue and rising labour costs that were not expected until next year after years of delivering ... Associated Press in Atlantic City In an unprecedented few days amid sliding profits in the gambling resort of Atlantic City, three casinos will have closed and 5,000 jobs will be lost ...

    http://www.scmp.com/news/world/article/1582449/house-doesnt-always-win-atlantic-city-two-casinos-close
  8. Business - Companies - GAMBLING

    Macau casino taps David Beckham's star power as it courts mainland China

    Posted Dec 25th 2013, 05:04pm by AP

    ... Associated Press in Las Vegas David Beckham named promoter of Sands to edge up Macau and Singapore businesses-- but also mainland China, where casinos are illegal Retired soccer star ... popularity in the region. The Las Vegas-based company is the largest casino operator in Macau, the centre of the modern-day gambling world. The deal may help Sands win attention in mainland China, ...

    http://www.scmp.com/business/companies/article/1389740/macau-casino-taps-david-beckhams-star-power-it-courts-mainland
  9. Business - Companies - EARNINGS

    Wynn Macau faces tough times as wages and resort design costs rise

    Posted Aug 21st 2014, 09:40am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Increase in design costs for a new resort puts further pressure on the casino operator's margins after profit edges down 1.24pc in first half Tough times in store for Wynn Macau as wages rise Casino and hotel operator Wynn Macau reported flat interim results and faces a tough second half as rising wages and design costs for its new resort, ...

    http://www.scmp.com/business/companies/article/1578275/wynn-macau-first-half-profit-down-124pc
  10. News - China - MACAU

    Macau sees only 0.3pc rise in visitors but record gaming revenue

    Posted Jan 16th 2013, 12:00am by JOLIE HO

    ... Jolie Ho in Macau jolie.ho@scmp.com Stagnant global economy blamed for low growth in tourist numbers last year, but city also reports record increase in casino revenue Gaming city sees only 0.3 pc rise in visitors Visitor numbers in Macau last year did not increase significantly despite casinos raking in a record high in revenue. Based on preliminary figures, the city saw 28 ...

    http://www.scmp.com/news/china/article/1128884/macau-sees-only-03pc-rise-visitors-record-gaming-revenue

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