Casinos in Macau

16 Sep 2012

Macau's hospitality industry has seen fast, vast expansion, but does the new Sheraton Hotel complete a full house, asks Nadine Bateman.

1:20PM

Galaxy shines from high-stakes play

16 May 2013

Adjusted earnings before interest, taxes, depreciation and amortisation for the quarter to March rose to HK$2.77 billion from HK$2.15 billion a year ago, Galaxy said in a statement. The median...

3:53AM

Richard Suen wins US$70m from Las Vegas Sands in Macau dispute

15 May 2013

Hong Kong businessman Richard Suen Chi-tat has been awarded US$70 million by a jury in the United States for his help in obtaining a Macau casino licence for Las Vegas Sands more than a decade ago...

3:24AM

5 comments

Sands denies Beijing gave help on Macau casino license application

12 May 2013

A lawyer for Las Vegas 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...

7:55AM

Wealthy mainlanders drive Macau casino revenue up 13pc

2 May 2013

Revenue in the world's largest gaming hub reached 28.3 billion patacas, the second-highest monthly figure this year, after the record 31.3 billion patacas in March.

3:18AM

2 comments

Time to repay debt for casino licence, court told

5 Apr 2013

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...

5:10AM

Opinion

Worrying economic parallels between China and India

4:13PM

Howard Winn

Elsie Leung caught up in Rusal's byzantine politics

3:35AM

Sands' luck tested as huge suit goes before US court

Las Vegas Sands, the casino operator controlled by US billionaire Sheldon Adelson, faces as much as US$328 million in damage claims at a trial over who helped it win its Macau gaming licence.

3:35AM

CSCI pins growth hopes on casinos and housing

CSCI aims to win at least HK$40 billion in new contracts this year, more than its HK$36.8 billion of new contracts in 2012. It hopes to grow its net profit by at least 20 per cent. The Bloomberg...

4:40AM

Macau triad kingpin faces expulsion from Canada after wiretap exposé

Now the Canadian government wants to expel the onetime head of the Wo On Lok triad and his family, 17 years after an immigration blunder allowed him to flee to Vancouver and bring his gang war to...

2:44AM

How Macau's gang war spilled over to Vancouver

But on a summer's night in 1997 those worlds collided when triad gunmen sprayed a luxury home on the Canadian city's east side with bullets. The owner of the home and apparent target, Lai Tong...

2:45AM

STOCKS

Macau casinos' shares fall on lower Lunar New Year revenue

Macau casino shares dropped steeply on Tuesday in response to a report from HSBC Global Research that gaming revenues failed to reach its projections for the first 17 days of this month. Shares in...

5:21AM

GAMING

Macau gaming stocks plunge on VIP junket operator crackdown report

Beijing plans to launch late this month a clean-up of "triad-linked junket operators" who make a profit by bringing in mainland high-rollers to casinos in Macau and lending them money, a British...

5:54AM