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  • September 23, 2014
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  1. High stakes as Laos turns to casinos

    Posted Jan 23rd 2011, 12:00am by Tom Fawthrop

    ... are ushered into a grand hall beneath one dome, Chinese dragons snaking up the stairway, and into the immigration arrival hall. The other golden dome sits atop the casino. Welcome to the Golden ... the borders of Myanmar, Thailand and Laos blur. In the words of the casino manager, E. Abbas: 'We have our own government inside the zone'. The investors who signed the contract to create ...

  2. Amax shares plunge after loss of two-year junket deal with Melco's Altira casino hotel

    Posted Jan 26th 2010, 12:00am by Staff Reporter

    ... impact' of the scrapping of its contracts to take high rollers to Melco Crown Entertainment's Altira casino hotel. The Macau government last month implemented a long-delayed cap on the commissions that casinos pay their junket agents, forcing the Altira to cancel a two-year-old junket arrangement with Amax's 80 per cent-owned AMA International, Amax revealed on Sunday ...

  3. Macau casino revenues drop 3.1pc

    Posted Jul 24th 2008, 12:00am by Staff Reporter

    ... Jeff Pao Macau's casino revenues fell 3.1 per cent in the second quarter, the first quarter-on-quarter decline since the market was liberalised in 2005, as mainland visitors reduced trips in the wake of a devastating earthquake in May and a sluggish stock market. Gaming revenue contributed by 30 casinos in Macau, fell to 28.89 billion patacas for the three months ended June ...

  4. Galaxy casino group cuts 270 jobs

    Posted Jul 01st 2008, 12:00am by Dennis Eng

    ... Dennis Eng Casino operator Galaxy Entertainment Group is shedding 270 jobs at two of its properties in Macau today in a sign that all is not well in the city's booming gaming industry. The layoffs affect staff at the Grand Waldo Casino and the President Casino, including 226 local dealers and dealer inspectors, 37 expatriate pit managers and supervisors, and seven ...

  5. All part of the deal

    Posted Oct 18th 2008, 12:00am by Donna Page

    ... Written by Donna Page For those who can handle the stress, working in the casino industry can be rewarding Macau's high-flying casinos are a blaze of non-stop light and action, ... with Wynn Macau for the past couple of years and is now thoroughly familiar with the shift patterns and routines that go with casino work. He started out as a table games supervisor on the main ...

  6. School-leavers hit the casinos

    Posted Sep 14th 2004, 12:00am by Freda Wan

    ... Freda Wan is a Macau-based correspondent for the South China Morning Post Macau's new casinos have taken the former Portuguese enclave by storm this year, filling the eyes and minds of many local youths with dollar signs. Droves of teenagers have reportedly abandoned opportunities for higher education, instead opting for a well-paid job at the casinos. But next year, ...

  7. Macau firms get into charitable spirit

    Posted Jan 09th 2005, 12:00am by Freda Wan

    ... Hung-sun, whose company Sociedade de Jogos de Macau (SJM) operates 14 casinos, presented a cheque for 2 million patacas to the Macau Red Cross. SJM also placed collection boxes in its casinos. Chui Sai-cheong, head of the supervisory board of the Macau Red Cross, who left Phuket hours before the giant waves struck, encouraged the casinos to continue their donation drives. 'If you look back ...

  8. Territory aims to boost global status

    Posted Sep 04th 2009, 12:00am by Ajay Shamdasani

    ... said. His sentiments are validated by colossal events such as G2E Asia and the recent Bollywood IIFA Awards at the Venetian. 'The Macau economy is fuelled not only by its casino ... and quarantine] facilities', is what business travellers will demand.' Wolfram Diener, the Venetian Macau casino's vice-president of conventions and exhibitions, said: 'Sometimes ...

  9. All In

    Posted May 23rd 2008, 12:00am by Staff Reporter

    ... Neil Gough takes an eye-in-the-sky view of the growing casino trade First big pow-wow for casino chieftains 'People of the same trade seldom meet together, even for merriment ... by Wednesday's unprecedented pow-wow among top representatives from each of Macau's six casino operators. Casinos, of course, have no need for conspiracies against the public. Instead, Secretary ...

  10. Fisherman's Wharf gamble pays off- for Macau developers, at least

    Posted Mar 30th 2009, 12:00am by Naomi Rovnick

    ... commonalities. Both have seen fewer visitors than originally anticipated, and both have struggled to emulate the pulling power of Macau's massive casino resorts, such as the Venetian. But one ... not include a casino. In that sense, it was a departure for both Mr Ho, the casino magnate, and Mr Chow, a longtime operator of VIP junkets and owner of the Macau Landmark hotel and Pharaoh's ...




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