Gaming

1 Mar 2013

Macau casinos took in 27.08 billion patacas in gross gaming revenue last month, up 11.5 per cent year on year as the week-long Lunar New Year holiday on the mainland saw the arrival of large...

MGM China builds presence in Cotai strip with new resort

28 Feb 2013

The joint venture between Pansy Ho Chiu-king and MGM Resorts International now runs one casino on the Macau peninsula. It lacks a presence on the busy Cotai strip, which hosts a cluster of casinos...

Macau casinos' shares fall on lower Lunar New Year revenue

20 Feb 2013

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...

Property tycoon Zhang Baoquan gambles on cashless casino

18 Feb 2013

Owned by art, film and property mogul Zhang Baoquan, the new Mangrove Tree Resort World on Sanya Bay marks Beijing's first tacit approval of a gaming concept outside Macau. Global investors,...

Macau gaming stocks plunge on VIP junket operator crackdown report

7 Feb 2013

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...

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

Regional countries eye share of booming gaming industry

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...

Sands eyes bigger share of Macau gaming market after 52pc net rise

"In Macau, we delivered record financial results with outstanding growth and strong operating momentum reflected in every segment of our business," said Adelson, the chairman and chief executive...

Italy's gambling addiction set to worsen

Italy is to press on with plans to open 1,000 new gambling arcades despite mounting national anguish over the spread of pathological gambling in what until recently was a nation of frugal savers....

GAMING

Macau casinos' revenue climbs to HK$290b in 2012

Macau's casino industry put in a stronger-than-expected performance in December, ending the year with record gross gaming revenue both in annual and monthly terms.

MR. SHANGKONG

Will baijiu and casinos fall out of national favour in Xi era?

China's stock market is often described by Chinese media as a playground for gamblers. It is rife with gossip and speculation, and subject to the vagaries of Chinese politics.

Zynga files with Nevada in push to enter real-money online games

Zynga said it filed an application with the Nevada Gaming Control Board, a step toward operating real-money gambling sites in the state, as the maker of social games seeks new areas of growth amid...