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  1. Dealing with challenges

    Posted Apr 30th 2010, 12:00am by Raymond Ma

    ... Casino pit bosses are often depicted as villains in movies - or at the very least the willing henchmen of villainous casino owners. Watch any Hollywood film set in a casino and you'll likely come across a scene in which the winning streak of a gambler is cut short by a worried casino pit boss by changing to dealers who cheat. In real life, the job of a pit manager in a casino ...

  2. Vice squad raids casino hours after owner Adelson flies in

    Posted Dec 10th 2010, 12:00am by Clifford Lo, Niall Fraser

    ... through the gaming floor of the world's biggest casino, operated by Adelson's company Sands China. Adelson arrived in Macau on Wednesday and was in the city yesterday. The raid came a week after the Macau government rejected Sands China's long-standing application to develop another multibillion-dollar casino resort on the city's Cotai Strip. A Macau police ...

  3. Casino revenues soar as mainland bank deposit rates turn negative

    Posted Nov 02nd 2010, 12:00am by Staff Reporter

    ... Neil Gough Baccarat tables appear to be offering a more attractive bet than the mainland's negative bank deposit rates, as high-rolling gamblers pushed Macau's casino revenues to a fresh record last month. Casino revenue was boosted by the 'Golden Week' National Day holiday to an unprecedented 18.87 billion patacas, up 49.8 per cent from a year ago and 23.3 per ...

  4. Casino manager says Macau law favouring local staff is handicap

    Posted Aug 22nd 2010, 12:00am by Adrian Wan

    ... Adrian Wan Macau's drive to put locals first in the job market is taking away its competitive edge, a manager at one of its newest casino resorts said. A top-level rethink is needed to ensure that casinos opening soon have enough skilled and capable labour, he said. Having to use local people meant lower language and hospitality skills- both crucial to a service economy- ...

  5. Macau casino revenue rises 39.8pc for month

    Posted Oct 05th 2010, 12:00am by Staff Reporter

    ... Neil Gough Macau casino revenue rose to 15.3 billion patacas last month, up a comparatively modest 39.8 per cent from a year earlier, according to official data released yesterday. Total casino revenue rose to 133.24 billion patacas between January and September, up 60.1 per cent from the same period a year ago on storming growth rates during the earlier months of the year. ...

  6. Genting HK swings to profit as casino business picks up

    Posted Aug 31st 2010, 12:00am by Staff Reporter

    ... Neil Gough Shares in cruise operator and Philippines casino investor Genting Hong Kong rose to a fresh 31-month high yesterday after the company said it swung to a profit during the first six months of the year. Genting Hong Kong, part of Malaysia's Genting Group, said cost cutting on its Asian cruise operations and positive profit from its new Manila casino helped offset ...

  7. Casino wages climb 8.3pc in first quarter

    Posted May 22nd 2010, 12:00am by Staff Reporter

    ... Neil Gough Casino operators in Macau are once again facing rising costs as the median wage across the gaming industry rose 8.3 per cent in the first quarter from the preceding quarter. ... of wage inflation in Macau's already tight labour market is likely to affect profit margins at casino operators, which have been reaping windfall revenues in the year to date as gambling ...

  8. Macau casinos hit jackpot with revenue from baccarat tables

    Posted Jul 17th 2010, 12:00am by Staff Reporter

    ... rollers flush with easy access to cheap credit. The soaring high-stakes baccarat play accounted for a unprecedented 72.1 per cent of all casino revenue, which in turn rose 76.7 per cent from ... driven, and has received a boost from both the mainland's economic rebound and what analysts have described as a recent surge in new lending by both casino operators and VIP junket agents. ...

  9. Golden years from casino boom over for Macau

    Posted Dec 01st 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu The Macau property market has run out of steam after its 'golden years' earlier this decade, and is now waiting for a new engine of growth, say analysts. 'You could have made an attractive profit no matter what property or site y ...

  10. Labour shortage poses challenge to casino firms

    Posted Aug 13th 2010, 12:00am by Staff Reporter

    ... Neil Gough A brewing labour shortage in Macau is one of the biggest challenges facing the billion-dollar casino resorts now under construction or planned for the Cotai Strip. Sands China ... is wanted. Casino revenues are up 67.5 per cent so far this year, companies are hiring and developers are expanding. But all of them are finding it increasingly difficult to recruit workers needed ...




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