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  • August 23, 2014
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Results 1 - 10 of 94 for casinos

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  1. Business - Companies - MONEY MATTERS

    Odd silence as casino chips fall

    Posted May 02nd 2014, 11:52am by Shirley Yam

    ... Shirley Yam With the top-5 gaming stocks losing more than 10pc of their value in just four days, regulators should have at least been asking the right questions Silence as casino chips ... the absconder find so much cash? Could it have come from a casino? From time to time, casinos do extend credit lines to junkets so that they can use the money to draw betting chips for customers. ...

  2. 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 ...

  3. Business - Comment - MONEY MATTERS

    Casino junket stocks much the same as playing slot machines

    Posted Mar 01st 2014, 12:32am by Shirley Yam

    ... Shirley Yam Junket stocks are profit sharing agreements that don't disclose their trading terms with casinos and clients, raising the risk for investors Casino junket stocks much the same as playing slot machines Casino junket stocks are steaming hot. After all, Beijing's anti-graft campaign doesn't seem to have scared many high rollers into retreat and the stakes ...

  4. Comment - Insight & Opinion

    Talking points

    Posted Aug 11th 2014, 04:08am by STAFF

    ... with investors concerned about the company's future. The first quarter saw casino revenue down over 8 per cent year on year, and total income down over 50 per cent during the same time amid ...

  5. Business - Comment - THE VIEW

    Fatca regime may have unintended consequences for financial system

    Posted Aug 04th 2014, 03:40am by Peter Guy

    ... with a breakthrough criminal case against UBS, Switzerland's largest bank. An American gambler stashes his poker earnings at a Macau casino to avoid Fatca The bank was accused of conspiring to aid 52,000 ... is a growth industry. An American gambler described to me how he stashes his poker earnings at a Macau casino to avoid Fatca's reach into banks. Another innovative shadow banking service allows ...

  6. Comment - Letters

    Letters to the Editor, July 23, 2014

    Posted Jul 23rd 2014, 04:16am by LETTERS

    ... tests respected globally As an adviser to the Macau gambling regulator, I refer to the report (" Macau casinos withhold 133 slot machine payouts claiming wins were due to 'mechanical ...

  7. Comment - Insight & Opinion - MY TAKE

    Casino's honour is just a house of cards

    Posted Aug 23rd 2012, 12:00am by Bonny Schoonakker

    ... Bonny Schoonakker bonny.schoonakker@scmp.com Casino's honour is just a house of cards It's probably sensible to stay away from casinos in general, but it's definitely a good ... of race is relevant because three of the punters have accused the Atlantic City casino of refusing to pay because it had "discriminated against them based on their Chinese heritage", ...

  8. Comment - Blogs

    Crackdown on Chinese officials likely to dent Macau casinos

    Posted May 22nd 2013, 12:59am by Anna Healy Fenton

    ... Anna Healy Fenton anna.fenton@scmp.com It all gets very murky when the lethal cocktail of wealthy mainland gamblers is mixed with Macau casinos and huge debts. In Yang Kun’s case, it seems ... seems perhaps the cash was actually used to pay off 3 billion yuan (HK$3,76 billion) of Macau casino debts. Yang is still helping the authorities with their inquiries. After nearly 30 years ...

  9. Comment - Blogs

    China news round-up: Xinjiang tightens security, Macau casino profit soars

    Posted May 02nd 2013, 06:58am by Patrick Boehler

    ... Patrick Boehler Politics and security Reuters China's top paper warns against " underground" extravagance. New York Times- Letter from China Fealty is an ancient value that survives in the Communist Party to this day, writes Didi Kristen Ta ...

  10. Comment - Insight & Opinion

    China must crack down on rampant insider trading

    Posted Jun 18th 2014, 12:09pm by Hu Shuli

    ... stock market to a casino, "perhaps even worse than a casino". Sadly, the description is still apt today. The gambling may even have got worse. What is new today is the use of social ...




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