Macau's gambling revenue rose by more than a fifth year on year last month, boosted by a steady inflow of mainland tourists. Its casinos took in 28.3 billion patacas in June, the Macau Gaming Inspection and Coordination Bureau said yesterday.Tuesday, 2 July, 2013, 2:51am
SJM's chief executive, Ambrose So Shu-fai, said the minimum bet limit has been upgraded for about 10 per cent of SJM's gaming tables in the mass market since the beginning of this year. He said the minimum stake is adjusted regularly between high and low seasons.1 Jun 2013 - 4:19am
Australian tycoon James Packer has picked a British firm to design his proposed billion-dollar casino for Asian high-rollers in Sydney, saying yesterday it will be "instantly recognisable around the world".17 May 2013 - 2:59am
Las Vegas Sands owes a middleman for its gaming licence in Macau, which the casino operator's founder and chairman Sheldon Adelson called the "brass ring in the merry-go-round", according to a lawyer for Hong Kong businessman Richard Suen.5 Apr 2013 - 5:10am
Casino operator Galaxy Entertainment is increasing its budget for the second phase of Galaxy Macau to HK$19.6 billion from HK$16 billion. The company expects the second phase of its flagship project on the Cotai Strip to be completed in mid-2015.27 Mar 2013 - 5:38am
The first casino in the hub that is the Philippines' answer to Macau opened at the weekend, and the container port services billionaire Enrique Razon will have the gamblers to himself for now.18 Mar 2013 - 2:17am
Port tycoon Enrique Razon's US$1.2 billion Solaire Manila casino will have a monopoly within Manila's new entertainment and gambling complex until the country's richest man, Henry Sy, opens a venture there next year.16 Mar 2013 - 3:22am
Australia's largest casino has alerted police after a high-roller reportedly netted A$32 million (HK$257 million) in an Ocean's Eleven-style betting scam. A foreigner staying at the Crown Casino was involved in the sting, which it believes accessed its surveillance cameras trained on players and croupiers, The Herald-Sun reported.16 Mar 2013 - 3:33am
Perhaps only in Macau could it seem logical to spend US$14 million on a single restaurant - that's the investment in City of Dreams' Jade Dragon, which will officially open late next month.8 Mar 2013 - 10:20am
Gaming revenue in Macau reported year-on-year growth of 11.5 per cent to 27.1 billion patacas last month, supported by a big number of mainland tourists visiting during the Lunar New Year holiday.6 Mar 2013 - 5:05am
Macau gaming stocks typically rebound as the Lunar New Year approaches, in expectation of mainland visitors flocking to the city's casinos over the holiday period.
This year, visitor arrivals did not disappoint, and share prices duly went up.15 Feb 2013 - 5:20am
Investment group Lippo announced last week plans to build a hotel complex in South Korea with casino floors, reflecting the desire of countries in the region to grab a share of Asia's fast-growing gaming industry.1 Feb 2013 - 5:23am
The casino industry is booming across Asia, offering anyone looking for high-stakes action a wide choice of venues, from high-tech South Korea to the Himalayan nation of Nepal and communist Vietnam.
Anyone, that is, except South Koreans, Nepalese or Vietnamese.28 Jan 2013 - 5:30am
Visitor numbers in Macau last year did not increase significantly despite casinos raking in a record high in revenue.16 Jan 2013 - 4:02am
MGM China, a venture between a Pansy Ho Chiu-king and MGM Resorts International, received formal government approval to build its 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 resort, the government's gazette said yesterday.10 Jan 2013 - 4:21am