Gambling | South China Morning Post
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  • Mar 4, 2015
  • Updated: 3:19pm


Macau sees June gambling revenue rise by a fifth

Gaming revenue stood at 171.4 billion patacas in the first half of the year, up 15.3 per cent year on year.

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

Junket firms milk their 'big whale' contacts

Macau's junket operators bring the local casinos more than two-thirds of their revenue, but are now branching out. Photo: EPA

When junket operator Suncity opened its first high roller baccarat table at Steve Wynn’s Macau casino in 2007 to lure China’s wealthiest punters, the firm had fewer than 30 employees and no computers or equipment other than pen and paper.

2 Jul 2013 - 2:33am

China's currency controls fuel Macau crime, Nevada gaming boss says

A pedestrian walks by an ad for a casino in Macau, where a Nevada gaming official says money laundering is rife. Photo: Bloomberg

China’s currency controls create incentives for Chinese gamblers to launder their winnings through organised crime gangs in Macau, Nevada’s state gaming regulator said on Thursday.

29 Jun 2013 - 1:55am

Macau gambling revenue up 13.5pc from Labour Day boost

An attendant chats with a visitor over a blackjack gaming table during the Global Gaming Expo Asia in Macau last month. Photo: AP

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 that spurred visits from wealthy Chinese.

29 Aug 2013 - 4:13am

Crackdown on Chinese officials likely to dent Macau casinos

Sands Cotai Central in Macau. Photo: Reuters

It all gets very murky when the lethal cocktail of wealthy mainland gamblers is mixed with Macau casinos and huge debts. In Yang Kun’s case, it seems banking and gambling were a disastrous mix.

22 May 2013 - 1:27am

Markets the new racetrack for gambling addicts

Punting on stocks often involves no more skill than casino games.

John Brown is a part-time trader. He manages the habit alongside an interest in legalised gambling through the Jockey Club, although lately it is hard to distinguish between what he does in the share market and what he does at the racetrack. He has a gambling problem, and he trades stocks as an outlet.

20 May 2013 - 4:18am

Wealthy mainlanders drive Macau casino revenue up 13pc

Sands casino in Macau is developing attractions to appeal to a wider array of visitors. Photo: Reuters

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.

29 Aug 2013 - 4:13am

Manila gambles on attracting the high rollers

The Solaire casino, part of a plan to build the region's biggest casino destination. Photo: Reuters

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

Opening of Solaire casino launches Manila's new gambling hub

Casino "guest officers" inside the Solaire Resort and Casino, which opens today in Manila. Photo: EPA

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 Crown Casino hit for A$32m in 'Oceans Eleven-style' sting

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

City Digest, February 25, 2013

Two teenage girls from Hong Kong allegedly detained in Buenos Aires, Argentina, by men demanding compensation for a valuable vase they had broken are safe and expected to go home soon, Secretary for Security Lai Tung-kwok said.

25 Feb 2013 - 5:27am

Sands China hit by 'crackdown on gambling junkets' talk

Analysts cast doubts about speculation over a crackdown on gambling in Macau, saying that it 'does not make sense'. Photo: Bloomberg

Speculation over a crackdown by Beijing on gambling in Macau affected the performance of the casino operator Sands China, which reported a subdued 9 per cent net increase in profit to HK$$9.58 billion for last year.

8 Feb 2013 - 4:08am

Match-fixing scandal a wake-up call for football

A press conference was held after the police smashed a criminal network suspected of fixing 380 football matches, including in the Champions League and World Cup qualifiers. Photo: AFP

Match-fixing is probably as old as gambling, legal or illegal, in professional team sport. But it has never before been exposed on the scale of the claim by Europol - the European police - to have cracked a Singapore-based criminal betting cartel linked to 680 suspicious championship football matches.

6 Feb 2013 - 4:08am

Briefs, January 30, 2013

Ballerina Svetlana Lunkina, who has fled to Canada. Photo: AFP

Concerns have been raised about Twitter's iPhone video-sharing service Vine after pornography appeared in the "Editor's Picks". Twitter apologised for Monday's mistake, blaming "human error", but provided little detail.

30 Jan 2013 - 5:05am

Asian casinos solve conservative beliefs by allowing foreigners only

A worker cleans the facade at a Singapore casino. Photo: Reuters

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