• Fri
  • Apr 18, 2014
  • Updated: 5:33am

Macau

Macau, a former Portuguese colony, made US$38 billion (HK$294.9 billion) in gambling revenues in 2012. It is the only place where people can legally gamble at casinos in China.

Property bubble drives home seekers out of Macau

As Macau, the world’s gambling capital, races to open more than 17,000 new hotel rooms over the next three years to keep pace with a flood of visitors from the mainland, only about 4,000 affordable homes for locals are expected to be built in the same period.

Monday, 7 April, 2014, 8:57pm

Ernie Els the big drawcard for Venetian Macau Open

Multiple major winner Ernie Els will roll the dice in Macau for the first time at the US$800,000 Venetian Macau Open in October.

1 Aug 2013 - 4:32am

Tiny Macau remakes gambling world and Las Vegas

The centre of the gambling world has shifted 16 time zones away to a tiny spit of land on the southern tip of East Asia: Macau.

An hour’s ferry ride from Hong Kong, it is the only place in China where casino gambling is legal.

29 Aug 2013 - 4:13am

Macau officials blamed for job fears

Strong opposition in Macau to plans for non-local students to work in the city after graduation has been attributed to a lack of faith in the government.

4 Jul 2013 - 4:14am

Macau sees June gambling revenue rise by a fifth

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.

2 Jul 2013 - 2:51am

Junket firms milk their 'big whale' contacts

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

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

Public call on Chinese officials to declare assets goes viral on Weibo

A microblog post calling government officials to either declare their assets or retire from their positions has gone viral overnight on Wednesday.

29 Aug 2013 - 4:13am

Macau gambling revenue up 13.5pc from Labour Day boost

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

New Macau law to affect pre-sale supply

The law, which was approved by the Macau Legislative Assembly on May 21, aims to protect buyers by imposing conditions on the sale of unfinished flats and regulating sales procedures.

29 May 2013 - 3:21am

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