Cotai News - Page 6
Macao: Sands opens new casino
11 April 2012
A year late, Sands Cotai Central opens in Macau complete with 1,800 rooms.
Macau: Galaxy profits up19 March 2012
Galaxy Entertainment reports healthy profits in 2011.
Gaming industry staying away from Las Vegas Strip13 March 2012
The industry is focusing on nongaming attractions instead of resort expansion along the Strip for the rest of the decade.
Wynn Macau releases statement on Okada removal24 February 2012
Wynn Macau's Board of Directors voted unanimously to remove Kazuo Okada from the Board effective immediately.
Wynn Resorts board removes Okada24 February 2012
Wynn Resorts CEO Steve Wynn has ousted former business partner Kazuo Okada from the board of Wynn Macau casino.
Wynn Resorts reports Q4 and year end 2011 results3 February 2012
Net revenues for the year ended 2011 increased 25.9%.
Asia Entertainment & Resources report US$1.756 billion rolling chip turnover for December6 January 2012
Rolling Chip Turnover for the month of December 2011 at the company’s VIP rooms in Macau was up 31% year-over-year.
Macau gaming revenues shatter last year's record2 December 2011
Macau's 34 casino collected more than $30.5 billion in gaming revenues in 2011, surpassing last year's $23.5 billion mark during the third quarter.
Macau gaming market still red hot28 November 2011
In 2010, Macau produced $23.5 billion in gaming revenues, more than five times the total on the Las Vegas Strip.
Asian success boosts Las Vegas Sands results28 October 2011
Las Vegas Sands reported that its third-quarter net income had increased by 110.5 percent compared to a year ago.
Macau helps boost Wynn earnings20 October 2011
A 41.7 percent increase in revenues at Wynn Macau helped return Wynn Resorts to profitability in the third quarter.
Stocks fall on China growth worry30 September 2011
Shares prices for Wynn Macau and Sands China fall sharply over fear that China's growth may slow.
Wynn Macau turns five-years-old7 September 2011
Wynn Macau opened on Sept. 6, 2006 and the luxury resort has thrived in the booming Macau gaming market.
Macau casino revenues top $3 billion in August2 September 2011
Macau's 34 casinos shattered single-month gaming revenue figures in August, collecting $3.09 billion from gamblers.
Sands subsidiary to open luxury hotel in Macau8 August 2011
Sands China announced its new multibillion-dollar Macau resort would house Hilton and Intercontinental hotel brands when it opens.
Macau gaming revenues hit $3 billion mark2 August 2011
Casino authorities in Macau said Monday that gaming revenues grew 48.4 percent in July, hitting the $3 billion mark for just the second time.
Wynn Resorts sees major jump in profits19 July 2011
Wynn Resorts reported double-digit increases in revenues across the board that helped the company more than double its second-quarter profit.
Wynn, Adelson smooth over contentious relationship21 June 2011
Steve Wynn and Sheldon Adelson have buried their animosity after years of open antagonism as the two casino giants have publicly complemented each other.
Melco Crown buys second Macau casino17 June 2011
Melco Crown Entertainment acquires controlling stake in Macau Studio City.
Report says there is "uncertainty" in Macau14 June 2011
A Hong Kong newspaper said expiring gaming concessions will lead to "uncertainty awaiting companies who are still considering deploying capital into Macau."
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