Macau News - Page 34

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The Venetian Macao to host to NBA China Games 2007

29 March 2007

Las Vegas Sands Corp., the National Basketball Association and the Chinese Basketball Association reports that The Venetian Macao will serve as the host of the first NBA event to be played in Macao.

Nevada commission finds MGM Mirage venture suitable

26 March 2007

Nevada gaming commissioners said they had questions and concerns going into Friday's suitability hearing on the relationship between MGM Mirage and its Chinese business partner in a $1.1 billion casino under construction in Macau.

Looking in on: Gaming

19 March 2007

While regulators hope Las Vegas-based casino operators will help flush out corrupt influences in the Chinese gambling enclave of Macau, they're not holding their breath.

Packer's Macau costs skyrocket

12 March 2007

International News Brief: Costs at James Packer's Macau casino business have blown out by another $90 million over the past three months as the joint venture between PBL and Melco battles delays on the construction of the Crown Macau.

Melco PBL reports Macau project update

9 March 2007

Melco PBL Entertainment reports its Crown Macau Hotel Casino is targeted to complete construction and open on a trial basis on April 28, 2007.

Looking in on: Gaming

7 March 2007

Ten to 20 percent profits at Las Vegas casinos have nothing on Macau, where Las Vegas Sands has come to expect 100 percent returns.

Group to carry on fight

5 March 2007

An upstate New York-based citizens coalition plans to continue its opposition to MGM Mirage's joint Macau casino venture with Chinese businesswoman Pansy Ho.

Macau casino ferries added

2 March 2007

nternational News Brief: Ten ferries are to be added to the Macau-Hong Kong route as more casino projects are under construction in Macau.

Las Vegas Sands reports Macau update

1 March 2007

Las Vegas Sands Corp., Starwood Hotels & Resorts Worldwide, Inc. and Shangri La Hotels and Resorts today celebrated the progress being made on the Cotai Strip in the People's Republic of China Special Administrative Region of Macau.

Nevada board approves MGM Mirage Macau venture

28 February 2007

News Brief: Nevada's Gaming Control Board voted unanimously on Tuesday to recommend approval of MGM Mirage Inc's casino joint venture in Macau, a key ruling for MGM's expansion plans in the booming gambling haven.

Minor wins slot jackpot

26 February 2007

International News Brief: A legal storm has begun concerning a 16-year-old girl who has won £51,000 slot jackpot in Macau, according to local media.

Tabcorp out of Macau talks

19 February 2007

International News Brief: Australian wagering firm Tabcorp Holdings was no longer in talks with Richard Branson's Virgin Group on plans to develop a $3 billion casino in Macau, sources familiar with the situation said Monday.

Gambling beyond Nevada: Company expanding in Macau

14 February 2007

MGM Mirage, which is still awaiting regulatory approval of its Chinese business partner, announced Tuesday it was proceeding with plans for a second casino in Macau under its joint venture agreement.

LV Sands exec: Macau revenue to double by 2010

13 February 2007

International News Brief: Chinese gambling revenue in Macau has topped that of the Las Vegas Strip and will more than double again by 2010, the president and chief operating officer of Las Vegas Sands Corp. predicted on Monday.

MGM Grand Paradise plans second Macau project

13 February 2007

MGM Grand Paradise, a 50/50 joint venture between MGM Mirage and Pansy Ho Chiu-king, has been engaged in discussions with the Government of Macau S.A.R. concerning the development of its second major resort project in Macau.

Billionaire Stanley Ho opens new casino in booming Macau

12 February 2007

International News Brief: Thousands of gamblers jammed into a new casino Sunday owned by a local billionaire who's trying to fend off an invasion by Las Vegas tycoons who have been gobbling up market share in the booming Chinese territory of Macau.

Macau partnership subject of hearing

2 February 2007

Nevada gaming regulators have tentatively set Feb. 27 for a public hearing in Las Vegas to determine the suitability of MGM Mirage's partnership in an under-construction $1 billion hotel-casino in Macau.

Virgin Group in talks over Macau casino

29 January 2007

International News Brief: Richard Branson's Virgin Group is in talks with Australian wagering firm Tabcorp Holdings Ltd. and other firms on developing a 1.5 billion pound casino in Macau, sources familiar with the matter said Monday.

Branson eyes $3 billion Macau casino

26 January 2007

International News Brief: Sir Richard Branson's Virgin Group is close to securing a 20-hectare site in Macau to build a $3 billion casino complex which could add to the city's rise as the world's gambling capital, a newspaper reported on Friday.

Gambling beyond Nevada: Macau's gaming win swells

24 January 2007

Asian gaming analysts said Tuesday Macau's gambling win of $6.95 billion during 2006 means the Chinese enclave as surpassed the Strip as the world's largest gaming market.

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