Macau News - Page 23
Construction begins on Macau-Hong Kong bridge
11 December 2009
The bridge is expected to cost about $5 billion in U.S. currency and be finished in either 2015 or 2016.
Las Vegas Sands raises $5 billion for Macau30 November 2009
The casino company said it raised $5 bullion and will use a portion of the proceeds to restart and complete construction in Macau.
Macau hotel to display Jacko 'moonwalk' glove23 November 2009
Michael Jackson's original Moonwalk glove bought by Macau casino at auction.
LV Sands to restart Macau projects12 November 2009
Las Vegas Sands plans to restart its stalled hotel-casino projects on Macau's Cotai Strip.
Macau's gambling industry faces nightmare of water rationing10 November 2009
Macau may be forced to ration drinking water, which could spell disaster for casinos.
LV Sands seeks funds for Macau23 October 2009
Las Vegas Sands is seeking up to $2 billion to restart its stalled casino projects in Macau.
MGM Mirage explores Hong Kong IPO19 October 2009
The casino giant is is exploring an initial public offering in the Asian market.
MGM plans Macau casino expansion16 October 2009
International news brief: MGM Mirage and business partner Pansy Ho plan to expand their Macau casino.
Wynn says Macau may slow gambling development14 October 2009
News brief: Steve Wynn said that the Chinese city may be moving to slow development in the fast-growing casino center.
Wynn, Sands shares fall after Macau limits13 October 2009
Shares in Wynn Resorts and Las Vegas Sands fell following a report in the Wall Street Journal that said Macau may be exploring changes in its gambling limits.
Wynn Macau shares rise in Hong Kong9 October 2009
International news brief: Wynn Macau shares rose 6.9 percent on its first day of trading in Hong Kong.
Wynn raises $1.6 billion in Macau IPO1 October 2009
International news brief: The unit of Las Vegas-based Wynn Resorts Ltd. sold 1.25 billion new shares at 10.08 Hong Kong dollars.
Analyst sees positive signs in Macau23 September 2009
JP Morgan gaming analyst Joe Greff said Macau has shown signs of recovering from its economic doldrums of the past 18 months.
Wynn sees no threat to Asia casinos from Singapore23 September 2009
International news brief: Wynn says Singapore's two upcoming casinos will not pose a threat to its Macau business.
Hard men reign in Packer's dream23 September 2009
International news brief: Sparkling bars and boutique stalls at James Packer's City of Dreams casino deserted, while noodle bar is doing a roaring trade.
Exclusive: China eases Macau visas; casino shares mixed21 September 2009
International news brief: China has quietly eased restrictions on its citizens traveling from Guangdong province to Macau, sending casino stocks soaring.
Wynn wants to raise $1.63 billion in Hong Kong21 September 2009
The Las Vegas-based casino operator plans to raise $1.63 billion by selling 25 percent of its Macau casino assets.
China easing Macau visa rules21 September 2009
International news brief: Casinos in Macau are hoping for a big October after China began relaxing restrictions for its citizens from Guangdong province.
MGM Mirage sees "profound" improvement in Macau8 September 2009
International news brief: The gaming giant lifted its market share of Macau gambling revenue to 11% in August, up from 8% in June.
Macau casinos have record month3 September 2009
International news brief: Macau's casinos brought in 1.5 billion dollars in August, their highest monthly revenue ever.
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