Macau News - Page 32
Venetian bets $1.8 million on Macau
27 August 2007
International News Brief: The gargantuan Venetian resort casino will have $1.8 billion at stake when it opens Tuesday, betting it can turn Macau from a gambling paradise into a family entertainment centre to rival Las Vegas.
US credit turmoil hits Packer's plans20 August 2007
International News Brief: Plans by James Packer's Macau casino business to raise $2.75 billion to finance its expansion plans have been hit by the turmoil in US credit markets, which has shut off new lending for the casino business in the city.
LV Sands executive touts Venetian Macau17 August 2007
The opening of the $2.4 billion Venetian Macau this month will encapsulate a 10-year period in the history of the Strip in one swoop, Las Vegas Sands Corp. President Bill Weidner said Thursday.
PokerTek installs system at Galaxy StarWorld7 August 2007
PokerTek, Inc. reports the installation of five PokerPro tables in the Galaxy StarWorld Hotel and Casino in Macau, the world's largest gaming market.
LV Sands giddy about prospect for Macau2 August 2007
Four weeks before opening the $2.4 billion Venetian Macau, Las Vegas Sands executives said the resort was ready for its unveiling after more than five years of planning, construction and preparation.
Melco Entertainment extends Macau purchase deal30 July 2007
Melco PBL Entertainment has negotiated an extension to its agreement to purchase its Macau Peninsula site.
GCA provides system for Venetian Macao25 July 2007
GCA S.A., a subsidiary of Global Cash Access Holdings, Inc., will provide state-of-the-art cash access services to The Venetian Macao Resort-Hotel.
Macau's record casino revenues challenge greater Las Vegas18 July 2007
International News Brief: Gaming revenues in Macau shot up 50 percent year-on-year in the second quarter of this year, as the southern Chinese gambling haven gets ever closer to overtaking the greater Las Vegas region.
Crown Macau fully operational18 July 2007
Melco PBL Entertainment reports that as of July 14, 2007 Crown Macau Hotel Casino became fully operational.
Wynn: Macau is safe bet17 July 2007
International News Brief: Macau, says billionaire Steve Wynn, is the safest bet on Earth.
Wynn Macau president leaves6 July 2007
Wynn Resorts Ltd. on Tuesday announced Wynn Macau President Grant Bowie will leave the company Friday after nearly four years with the company.
Wynn Macau president replaced3 July 2007
Wynn Resorts, Limited reports that Ian Coughlan has been named the new President of Wynn Macau.
Gambling 101: Macau students get Vegas lesson29 June 2007
University of Macau gaming management students have been in Las Vegas attending workshops at the University of Nevada, Las Vegas' International Gaming Institute and touring local gaming properties.
Playboy plans Macau casino27 June 2007
International News Brief: Playboy Enterprises Inc. will open a gaming complex in Macau next year, as China's rising incomes fuel growth in the only place in the country where casinos are legal.
U.S. faces seven compensation claims in WTO online gambling case25 June 2007
Casino City has confirmed that seven compensation claims have been filed against the U.S. in its ongoing WTO online gambling case with Antigua and Barbuda.
Venetian Macau will open on Aug. 2814 June 2007
The $2.4 billion Venetian Macau, the Chinese gaming enclave's largest hotel-casino, will open Aug. 28 after a more than two-year building process, Las Vegas Sands Corp. said Wednesday.
Hotel rooms, restaurants open at Crown Macau14 June 2007
Melco PBL Entertainment confirms that Crown Macau has opened hotel rooms and five restaurants to the public last weekend.
Venetian Macao opening date released13 June 2007
Las Vegas Sands Corp. reports that The Venetian Macao Resort Hotel, Asia's first fully integrated resort and the anchor property of the company's Cotai Strip development, will open on August 28, 2007.
G2E Asia opens this week12 June 2007
Global Gaming Expo Asia debuts this week at the Macau Tower Convention & Entertainment Centre.
Wynn orders Macao delays8 June 2007
Wynn Resorts Ltd. said Thursday it was delaying a portion of its expansion plans in Macau because of recent travel restrictions by the Chinese government and the scheduled openings of two large competitors later this year.
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