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Results 1 - 10 of 12 for macau

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  1. 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 ... that for years have recruited rich gamblers from the mainland, whisked them to Macau and given them interest-free loans to circumvent limits on cash they can take out of the mainland. Now companies ...

  2. Business - China Business - GAMBLING

    Gambling revenues in Macau increase 18 pc

    Posted Jan 02nd 2014, 09:18pm by Sophie Yu

    ... in Macau increase 18 pc Macau's gaming industry took in 360.75 billion patacas last year, up 18.6 per cent year on year, on strong demand from mainland tourists, further strengthening its position as the world's largest gaming hub by widening its lead over the Las Vegas Strip. Macau is the only place in China where gambling in casinos is legal. More than 17 million mainland ...

  3. Business - Companies - GAMBLING

    Macau casino taps David Beckham's star power as it courts mainland China

    Posted Dec 25th 2013, 05:04pm by AP

    ... Associated Press in Las Vegas David Beckham named promoter of Sands to edge up Macau and Singapore businesses-- but also mainland China, where casinos are illegal Retired soccer star and sometime underwear model David Beckham has signed on to help promote Las Vegas Sands' properties in Macau and Singapore. Sands said in a statement that it hoped to cash in on Beckham's ...

  4. Business - Companies - GAMBLING

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

    Posted Mar 01st 2014, 05:35pm

    ... investigating the cyberattack. Sands, which is the world’s largest casino company in terms of revenue and market value, also owns the world’s largest casino in China’s gambling enclave of Macau ...

  5. News - World - GAMBLING

    Wynn Resorts cleared of 'suspicion' over Macau university donation

    Posted Jul 10th 2013, 12:00am by AP

    ... Associated Press in Las Vegas Wynn's Macau gift not deemed suspicious US federal investigators have finished looking into a US$135 million donation casino giant Wynn Resorts gave to a university in Macau, and say there is nothing suspicious about the gift. The Securities and Exchange Commission was not pursuing enforcement action against the company, assistant director ...

  6. Business - Economy - GAMBLING

    Macau gambling revenue up 13.5pc from Labour Day boost

    Posted Jun 03rd 2013, 01:29pm by Reuters

    ... Reuters in Hong Kong Gambling revenue in China’s gambling enclave Macau rose 13.5 per cent in May from a year earlier, boosted by an improving domestic economy and a string of holidays ... to government data released on Monday. Analysts had forecast a rise of between 12 and 15 per cent for May. Macau is the only place where Chinese people can legally gamble at casinos in the country. Home ...

  7. News - Hong Kong - GAMBLING

    Sands denies Beijing gave help on Macau casino license application

    Posted May 12th 2013, 12:00am by BLOOM

    ... Sands Corporation said the Chinese government had no part in the awarding of gaming licences in Macau for the casino operator controlled by billionaire Sheldon Adelson more than 10 years ago. The attorney, Richard Sauber, told a Las Vegas jury on Friday that it was "inconceivable" that Chinese leaders violated the Basic Law- which guarantees Macau autonomy in its internal affairs- ...

  8. 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 ... and Co-ordination Bureau. That was the highest for a single month this year and the second-highest ever for Macau, topped only by October last year, when the city reported revenue of 26.85 billion patacas. ...

  9. News - Asia - GAMBLING

    Philippines gambling revenue could double in two years: Lawrence Ho

    Posted Oct 11th 2013, 12:00am by BLOOM

    ... Bloomberg in Manila Mogul says Manila could challenge Singapore, but urges government backing over tax issue Philippines could double casino revenue, says Ho Macau casino mogul Lawrence Ho ... of overtaking Singapore's gaming market, said the 36-year-old son of Macau gambling tycoon Stanley Ho. "A lot of it would depend on how regulators and government support this industry." ...

  10. Business - Companies - GAMBLING

    Hong Kong investor takes a gamble on casino in Cairns

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

    ... James Packer's Crown and Echo Entertainment are looking to expand or add casinos in Cairns' home state of Queensland, to lure Chinese tourists away from Macau. A record 110,100 Chinese ... Singapore's two integrated resorts put together. That might be a stretch, said Justin Casey, managing director of Macau-based Asia Pacific Gaming Consultancy. "Everyone's got a marble floor, ...




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