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  • April 17, 2014
  • Last updated: 3:28am
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  1. Business - Companies - EARNINGS

    Casino revamps hold back profits at SJM

    Posted Nov 12th 2013, 03:30am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Disruptions and additional staff costs at Macau operator among factors that lead to 10pc profit growth for third quarter, falling short of forecasts Casino revamps hold back profits at SJM Macau casino operator SJM's third-quarter profit grew 10.3 per cent year on year to HK$1.82 billion, the company said yesterday, but the numbers were shy ...

  2. News - China - CRIME

    Huge probe set stage for 'gang' trial of mining tycoon Liu Han

    Posted Apr 03rd 2014, 12:00pm by WU NAN, Keith Zhai

    ... other accused members of his gang are standing trial in Xianning city, in Hubei province. Liu Han faces 15 charges, including murder, financial crimes, running casinos and illegally selling ... casinos and provided him with firearms. In return, Liu Wei gave them cash, furs, luxury watches and cars. The thirty-six defendants are standing trial in seven courts in Xianning. Defence lawyers ...

  3. Business - Economy - GAMING

    Macau rakes in 20pc gain in July gaming revenues

    Posted Aug 01st 2013, 03:48pm by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com World's largest casino hub rakes in 20pc more year on year despite cutbacks by high-rollers Mass-market gamblers boost Macau's revenues Gambling revenue in Macau rose 20 per cent last month from a year earlier, bolstered by growth in the mass gaming market, despite the slowdown in the mainland's economic expansion. Casinos ...

  4. News - Hong Kong - COURTS

    Birmingham City boss Carson Yeung files appeal against six-year jail term

    Posted Mar 27th 2014, 03:51am by Austin Chiu

    ... for no apparent reason. Some were made by securities firms and a Macau casino, others were made by unknown parties. Some 437 deposits, totalling more than HK$97 million, were made in cash. Prosecutor John ... Tak-hong had said: "I find that without his considerable skill in share dealings and connections to the Macau casinos, the laundering could not have gone on for such a long time ...

  5. News - China Insider - Morning Clicks

    China news round-up: Macau casino revenue hits record, Global Times editorial slams CNN

    Posted Nov 04th 2013, 08:02am by Patrick Boehler

    ... of the scrap industry] been appreciated, and seized, more readily than in southern China," writes Adam Minter in his upcoming book. Bloomberg Macau casino revenue jumped 32 per cent to a record ...

  6. News - World - GAMBLING

    Disney faces challenge to its motives in fight against more Florida casinos

    Posted Oct 28th 2013, 04:47am by NYT

    ... in casino battle Just around the corner from the poker room and within shouting distance of the greyhound track at the Mardi Gras Casino, the Amazing Spider-Man slot machine beckons gamblers ... renewed battle over casino gambling in Florida this year, the popular Spider-Man poker machine delivers a different sort of jolt altogether. Spider-Man is one of a stable of Marvel superheroes ...

  7. Sport - Racing - RACING

    Commingling set for Sunday start in United States

    Posted Mar 31st 2014, 09:59pm by Alan Aitken

    ... at this in 2006-07 with the Las Vegas casinos, it was a different strategy and it just didn't work," Nader said. "The only one we really got up and running was Foxwoods in Connecticut, and the time difference meant that a bricks-and-mortar location was no good. People had to be in casinos at some odd times to bet on or see the races." ...

  8. News - Hong Kong - ENTERTAINMENT

    Rolling Stones concert pushes Macau into the big league for entertainment

    Posted Apr 06th 2014, 05:46am by Lana Lam

    ... years, the Macau government has mapped out extensive plans to diversify its gambling-dependent economy, but it has had mixed results. Gueldner said the casino had a role to play ... In 2012, 28,076 people from Hong Kong went to concerts at the Venetian. Last year, this almost doubled to 55,416. Across the road at Melco's City of Dreams casino complex, which opened ...

  9. News - Hong Kong - ENTERTAINMENT

    Hong Kong's intimate venues carve out indie music niche

    Posted Apr 06th 2014, 05:46am by Lana Lam

    ... for events of 5,000, 10,000 and 20,000 capacities. Without these, we just can't compete and we will lose shows to Macau on the basis of the money that casino-related venues can offer." One ...

  10. Business - Companies - GAMBLING

    Hong Kong investor takes a gamble on casino in Cairns

    Posted Oct 22nd 2013, 03:27am by BLOOM

    ... Bloomberg in Sydney Tony Fung plans to build a HK$31 billion resort in Queensland, despite a tourist slump there HK investor takes a gamble on casino in Cairns Sandwiched by forested hills ... in the second quarter of the year. Hong Kong investor Tony Fung Wing-cheung has plans to reverse that with a A$4.2 billion (HK$31.2 billion) casino resort, with an artificial lagoon, golf course ...




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