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  1. Business - China Business - GAMING

    Hainan officials say no to casinos

    Posted Mar 08th 2014, 01:40am by Reuters

    ... Reuters Hainan officials say no to casinos The balmy holiday island of Hainan, long touted as a place where the mainland could liberalise gambling, will not permit casinos, officials said ... chief, and Wang Yong, the mayor of the resort city of Sanya, told a briefing at the mainland's annual parliamentary meeting on Thursday that casinos would never be allowed to operate there. ...

    http://www.scmp.com/business/china-business/article/1443109/hainan-officials-say-no-casinos
  2. News - World - GAMBLING

    US man sues Las Vegas casino, saying he was too drunk to gamble

    Posted Mar 07th 2014, 09:53pm by NYT

    ... McClatchy-Tribune in Los Angeles Plaintiff says that, though drunk, he shouldn't be liable for losses because Las Vegas casino plied him with alcohol and lent him money Drunk sues casino over US$500,000 in losses A southern California man has sued a Las Vegas casino after he lost US$500,000 on blackjack and pai gow on the weekend of the Super Bowl, claiming he should ...

    http://www.scmp.com/news/world/article/1443001/us-man-sues-las-vegas-casino-saying-he-was-too-drunk-gamble
  3. News - Hong Kong - POLITICS

    Beijing blasts Macau's planned Occupy-style referendum as 'invalid and unconstitutional'

    Posted Jul 10th 2014, 03:19pm by Reuters

    ... meaningless. Macau's government earlier said the referendum “had no constitutional legal basis, does not have any legal basis, is illegal and invalid”. Residents of Macau, home to 35 casinos and the only place in China where casino gambling is legal, adopted a passive attitude to politics during years of rapid economic growth. But over the past year, soaring inequality and deteriorating ...

    http://www.scmp.com/news/hong-kong/article/1551069/mainland-blasts-planned-occupy-style-macau-referendum-invalid
  4. News - China - GAMBLING

    Macau casinos cut out middlemen and recruit gamblers directly from mainland China

    Posted Mar 02nd 2014, 05:44am by BLOOM

    ... Bloomberg Macau casinos cut out middlemen Macau's gambling riches sparked bloody gun fights between triad gangsters two decades ago. Today, there's a new conflict brewing, only this time it's being waged with private jets, limousines and loans of up to US$1 million. The latest battle pits casinos against their long-time allies, so-called junket operators ...

    http://www.scmp.com/news/china/article/1438209/macau-casinos-cut-out-middlemen-and-recruit-gamblers-directly-mainland
  5. Business - Companies - GAMBLING

    Las Vegas Sands casino customer data stolen by hackers, company says

    Posted Mar 01st 2014, 05:35pm

    ... the personal information of tens of thousands of Las Vegas Sands customers during a data breach earlier this month, the casino company said on Friday. The company said in a regulatory filing that information about some patrons at its Bethlehem, Pennsylvania, hotel-casino was compromised during the February 10 attack. Spokesman Ron Reese said the number of customers affected was in the mid-five ...

    http://www.scmp.com/business/companies/article/1438016/las-vegas-sands-casino-customer-data-stolen-hackers-company-says
  6. 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 ...

    http://www.scmp.com/business/article/1437568/casino-junket-stocks-much-same-playing-slot-machines
  7. Business - Companies - GAMING

    Sands willing to bet US$10b on Japanese casino market

    Posted Feb 25th 2014, 01:24am by BLOOM

    ... Bloomberg in Tokyo Gaming giants are opening their wallets in preparation for legalised casinos in Japan Sands willing to bet US$10b on Japanese casino Las Vegas Sands, the world's largest gambling company by market value, says it is ready to invest US$10 billion in Japan, projected to be Asia's second- largest casino market. "We will spend whatever it takes," ...

    http://www.scmp.com/business/companies/article/1434462/sands-willing-bet-us10b-japanese-casino-market
  8. Business - Money

    Ratings agencies mark down earnings prospects of casino operators

    Posted Feb 24th 2014, 04:27am by Denise Tsang

    ... Denise Tsang denise.tsang@scmp.com Ratings agencies mark down earnings prospects Shares in Macau's six Hong Kong-listed casino operators- Sands China, Wynn Macau, Melco Crown ... forecasting gross domestic product growth of 7 per cent. Melco Crown, a joint venture between Australia's Crown and Lawrence Ho Yau-lung, a son of casino mogul Stanley Ho Hung-sun, performed ...

    http://www.scmp.com/business/money/markets-investing/article/1433894/ratings-agencies-mark-down-earnings-prospects
  9. 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 ...

    http://www.scmp.com/comment/letters/article/1557330/letters-editor-july-23-2014
  10. Business - Money - GAMING

    Industry experts rule out problems in Macau casino licence renewal

    Posted Feb 20th 2014, 01:16am by Sophie Yu

    ... rule out casino licence problems The gaming licences held by Macau's six casino operators are more likely to be renewed smoothly than to face renewal every five to 10 years, contrary ... said. He said that could be what had generated the rumours. Some Hong Kong newspapers reported yesterday that when the six casino operators needed to renew their licences, from 2020 ...

    http://www.scmp.com/business/money/article/1431396/industry-experts-rule-out-problems-macau-casino-licence-renewal

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