Sociedade De Turismo E Diversões De Macau

Ao denies HK tycoons gave HK$20m bribe

Macau's jailed former public works chief Ao Man-long yesterday denied for the first time receiving a HK$20 million bribe from two Hong Kong tycoons.

Thursday, 10 May, 2012, 12:00am

Gambling as usual up North for Emperor Group casino

What will happen to the Emperor - that is, the Emperor Hotel and Casino in Rason, North Korea?

Owned by Hong Kong businessman Albert Yeung Sau-shing's Emperor Group, in 2001 the hotel was one of the first foreign businesses to make inroads in the isolated nation.

21 Dec 2011 - 12:00am

Cheap transport to Macau can be a losing bet

Macau looks like a tough town for low-cost transport providers, and not just because they must compete against effective monopolies and duopolies.

Last year, it was budget airline Viva Macau that went bust, blaming the Macau government for unjustly cancelling its operating licence and restoring flagship carrier Air Macau's de facto monopoly.

16 Sep 2011 - 12:00am

Macau ferry company goes bust

Start-up ferry operator Macao Dragon has filed for bankruptcy, blaming the Macau government for failing to issue it adequate quotas for the number of passengers it is allowed to carry on the popular Hong Kong-Macau route.

The cash-strapped company is also being pursued by the Hong Kong Marine Department for HK$1.88 million in unpaid berthing fees and passenger embarking fees.

15 Sep 2011 - 12:00am

Lai See

The Philippines as perilous as Syria? Or is government playing politics?

12 Aug 2011 - 12:00am

Macau the best bet for HK punters

Hong Kong people are gambling more money in Macau casinos than they spend with the Jockey Club at home for the first time, according to newly released figures.

16 Jul 2011 - 12:00am

SJM's net profit soars on high-stakes gambling

Macau casino operator SJM Holdings, controlled by the family of Stanley Ho Hung-sun, said net profit rose 85 per cent in the first three months of the year on surging high-stakes gambling volumes.

18 May 2011 - 12:00am

Pansy Ho can keep family shares after MGM China listing

Pansy Ho Chiu-king's non-compete agreement with MGM China Holdings will let her keep her directorship and minority stake in the parent of rival Macau casino operator SJM Holdings, according to a stock exchange filing.

Ho, daughter of gaming magnate Stanley Ho Hung-sun, is a director of Sociedade de Turismo e Diversoes de Macau (STDM), which owns 55.7 per cent of SJM.

10 May 2011 - 12:00am

Stanley Ho drops out of rich list as wife debuts

Macau gaming magnate Stanley Ho Hung-sun no longer ranks among the world's billionaires, having been removed from the latest Forbes global rich list in favour of his fourth wife, Angela Leong On-kei.

11 Mar 2011 - 12:00am

Action over lost Ho billions imminent, says his lawyer

Casino magnate Stanley Ho Hung-sun may take fresh action as early as today to retrieve his lost assets, his lawyer Gordon Oldham said yesterday.

In other words, previous reports of peace in the extended Ho family were premature. Ho has 16 surviving children with his first and second wives and two mistresses.

9 Feb 2011 - 12:00am

Ho wins extension of sports bets monopoly

Stanley Ho Hung-sun's Macau sports betting monopoly has won another one-year extension, just in time for the lucrative World Cup soccer tournament, which kicks off next month.

4 May 2010 - 12:00am

Ho wins court skirmish

Macau gambling tycoon Stanley Ho Hung-sun yesterday won his bid to obtain documents that he claimed would support comments he made about his sister, Winnie Ho Yuen-ki, almost three years ago.

30 Apr 2009 - 12:00am

SJM scraps plan to redevelop Lisboa casino

SJM Holdings said net profit fell 48.1 per cent last year and 77.6 per cent in the second half as a slowdown in Macau's casino industry prompted the firm to scrap a HK$12 billion plan to redevelop the 39-year-old Lisboa casino hotel.

24 Mar 2009 - 12:00am

All In

Nina Wang, would-be casino empress

In a bizarre historical footnote to the battle-of-the-billionaires saga playing out in Macau, it seems that way back in 2001 Las Vegas Sands chairman Sheldon Adelson explored the idea of a casino joint venture in the enclave with none other than Asia's richest woman, the late Nina Wang Kung Yu-sum.

11 Jul 2008 - 12:00am

SJM wins listing battle but delays trading debut

Casino magnate Stanley Ho Hung-sun's SJM Holdings yesterday won a major legal battle against Mr Ho's estranged sister, Winnie Ho Yuen-ki, but was forced to delay its market listing by a week and offer refunds to investors who have bought into the HK$3.85 billion share offering.

10 Jul 2008 - 12:00am