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  1. 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 ...

  2. Business - China Business - GAMBLING

    Macau casinos enjoy 5.5% surge in revenue

    Posted Sep 04th 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Revenue grows by 5.5 per cent on last year to the second-highest on record for the enclave Macau casinos have winning month Gaming revenue in Macau grew 5.5 ... In July, business in the casinos in the world's largest gaming enclave was hit by a typhoon that shut down ferry services from Hong Kong and by a slowing mainland economy. Huang expected ...

  3. Business - Companies - CASINOS

    Gaming growth in Macau set to slow down says casino firm

    Posted Mar 06th 2013, 12:00am by SOPHIE YU AND BLOOMBERG

    ... Sophie Yu and Bloomberg Casino operator and analysts see revenue from gambling likely to be less than 15 per cent this year with Beijing's anti-corruption measures biting Macau gaming growth to be low Gaming revenue in Macau will probably increase less than 15 per cent this year, said SJM, Asia's biggest casino operator by revenue. SJM's chief executive, Ambrose So, ...

  4. Lifestyle - Food & Wine

    High-end restaurants arrive in Macau casinos

    Posted Mar 08th 2013, 12:00am by Mischa Moselle

    ... Mischa Moselle mischa.moselle@scmp.com A wave of long-awaited high-end Chinese restaurants have opened in Macau's casinos, writes Mischa Moselle Perhaps only in Macau could it seem ... in a new generation of high-end venues in the territory. Restaurants are a way of offering a proposition that differentiates one casino resort from another. But the food is not just ...

  5. Business - Companies - GAMING

    Holiday gamblers boost Macau casinos

    Posted Mar 01st 2013, 02:41pm by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Record number of visitors from the mainland during the Lunar New Year sees February gaming revenue rise 11.5pc to 27 billion patacas Macau casinos took ... Beijing's anti-graft activities and a major central government reshuffle scheduled to begin next week. Casino shares yesterday outperformed Hong Kong's benchmark Hang Seng Index, which fell ...

  6. Business - Companies - STOCKS

    Macau casino resort approval sparks rally in MGM China shares

    Posted Jan 10th 2013, 12:00am by Bloomberg

    ... second resort in Macau. The stock rose strongly. The venture would pay a land premium of 1.29 billion patacas and annual rent of 2.15 million patacas to develop a five-star hotel and a casino ... approval means everything is set for MGM China to move ahead," said Gabriel Chan, an analyst at Credit Suisse. The casino resort, which will include 1,600 hotel rooms, 500 gaming tables ...

  7. Business - Companies

    Engineering firm Paul Y bets on Macau hotel-casino venture

    Posted Nov 22nd 2012, 02:24am by Sophie Yu

    ... controlled by  Charles Chan Kwok-keung  plans to build a five-star hotel and casino on Macau’s Cotai Strip. It said it had set a budget of about HK$6.5 billion for the project but did not elaborate under which casino operator’s gaming licence it would operate. According to the Business Daily, the government is yet to give permission to include gaming facilities in the hotel. The service ...

  8. Business - Companies - CASINOS

    Casino battle royale as Amax shareholders revolt

    Posted Sep 13th 2012, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Casino battle royale as Amax shareholders revolt Shareholders of Hong Kong-listed Macau casino investor Amax Holdings voted to remove eight of its nine ... Yesterday, shareholders authorised directors to issue or repurchase shares. Ng, a 64-year-old former Mong Kok wet market trader turned casino boss, is also known as Ng Wai but is better known still ...

  9. News - China - GAMING

    Macau casino 'crime watchdog' is shut down

    Posted Sep 16th 2012, 12:00am by Niall Fraser

    ... Niall Fraser niall.fraser@scmp.com Macau 'watchdog' folds after seven months amid allegation of threats from top gaming figures 'Triad-busting' casino website is closed down A US-based website which pledged to lift the lid on organised crime in Macau's casinos has been shut down after just seven months. Casinoleaks-Macau.com said it would expose ...

  10. Asian casinos to top US rivals in revenue

    Posted Jun 04th 2008, 12:00am by Staff Reporter

    ... Neil Gough in Macau Macau expected to sustain lead and growth rates Commercial casinos in Asia are likely to overtake their United States counterparts within the next five years and Macau is expected to continue leading the way, according to a survey by the American Gaming Association. Commercial casinos in the US gained US$34.13 billion in gross gaming revenue last year, according ...




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