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  • September 30, 2014
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  1. Casino stocks hit by visa worries

    Posted Jun 27th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Casino stocks fell in Hong Kong yesterday after a newspaper report that Guangdong has extended the wait for Macau visas to a month. At present, it takes one to two weeks for residents of the province to get a Macau visa. The Chinese-language Macau Daily News also said UnionPay had cut the maximum overseas spending limit by holders of its credit cards ...

  2. Go-ahead for Wynn Cotai casino

    Posted May 03rd 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Casino developer and operator Wynn Macau, a unit of billionaire Steve Wynn's Las Vegas company, says it has received the green light on land for a casino ... It hosts popular mega casinos, including the Venetian and Galaxy, and luxury hotels such as the Four Seasons and Conrad. Sands China opened the first phase of its new project, Sands Cotai Central, ...

  3. Casino sues gambler for millions

    Posted Dec 21st 2011, 12:00am

    ... Neil Gough neil.gough@scmp.com MGM China's Macau casino unit is suing longtime VIP junket agent and North Korean tour operator Wong Sing-wa for failing to repay half of a three-year-old, HK$10 million debt. MGM Grand Paradise, the Macau gaming licensee controlled by Las Vegas casino firm MGM Resorts International and Pansy Ho Chiu-king, daughter of Stanley Ho Hung-sun, ...

  4. Thinking big

    Posted Dec 16th 2007, 12:00am by Staff Reporter

    ... The MGM Grand Macau casino hotel opens on Tuesday, with rooms priced from HK$3,200 to HK$30,000 a night. Would you pay these rates and is there a danger of Macau eventually having too many casinos? Write to us ...

  5. Gaming wealth comes at a cost for Macau

    Posted Jul 05th 2008, 12:00am by Staff Reporter

    ... of customers for Macau's casinos- have clamped down on visas for visits to Macau by officials, casino high rollers and now ordinary visitors. To inject some social equity into windfall gains from the casino boom, the Macau government has resorted to giving cash bonuses to residents- not the best means of bridging a widening wealth gap. These steps highlight unwelcome social side effects ...

  6. Vida Rica Restaurant and Bar

    Posted Dec 18th 2010, 12:00am by Sujata Assomull

    ... Sujata Assomull Forget Macau's glitzy casinos. The new Vida Rica Restaurant and Bar at the Mandarin Oriental Macau has staked its position along the breathtaking Macau waterfront. ... on Fridays. They open at noon at weekends and close at 1am on Saturdays and midnight on Sundays. Vida Rica is a short walk from the MGM Grand Macau, Wynn Macau and Grand Lisboa hotel and casino hubs, ...

  7. Casino age rules not easy to apply

    Posted Nov 16th 2007, 12:00am by Fox Yi Hu

    ... Fox Yi Hu in Macau The age limit of 21 for casino entry in Macau may come into force as early as next summer, the city's chief gaming inspector has said. But how to implement the new rule poses a challenge, as the world's fastest-growing casino market suffers from a shortage of gaming inspectors. The Macau government, under Chief Executive Edmund Ho Hau-wah's ...

  8. Youth need equipping for work beyond casinos

    Posted Oct 02nd 2008, 12:00am by Staff Reporter

    ... simmering since the casino-driven economic boom changed life in the city. As we report today, the mainland has further tightened restrictions on visas for Guangdong residents to visit Asia's gambling hub. This can be expected to add to pressure on casino revenues and profits that, in turn, is linked to a significant drop in gaming industry job vacancies. With an economic slowdown ...

  9. Cap on gaming tables to control casino industry

    Posted Jul 05th 2008, 12:00am by Fox Yi Hu

    ... Fox Yi Hu Gaming tables in Macau will be capped at 5,000 for an unspecified time as the government completes a study on how to develop the casino industry. Secretary for Economy ... the casino industry. He said the number of tables was unlikely to fall sharply in the foreseeable future. The number of gaming tables in Macau ballooned from 424 in 2003 to 4,311 at the end of March, ...

  10. Casino horse may be slowed to gallop

    Posted Apr 25th 2008, 12:00am by Fox Yi Hu

    ... gaming industry when they piled on US and Hong Kong-listed casino chips on Tuesday and Wednesday. Shares in the Las Vegas Sands closed almost 10 per cent higher on Tuesday, and Hong Kong-listed Galaxy Entertainment surged to a 20 per cent high on Wednesday. But the cut and thrust of Macau's casino war will not ease up just because the government puts a brake on gaming development. ...




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