Macau News - Page 36

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StarWorld poses threat to Ho's monopoly

18 October 2006

International News Brief: Galaxy Entertainment Group Ltd. opens its StarWorld casino in Macau tomorrow, posing another threat to Stanley Ho's dominance in the city's gaming industry six weeks after Wynn Resorts Ltd. opened a $1.2 billion hotel-casino.

Melco PBL signs deal with contractor

16 October 2006

Melco PBL Entertainment has entered into a Memorandum of Understanding with The Leighton-China State-John Holland Joint Venture as the main contractor for its flagship resort in Macau.

Inside gaming column: Wall Street expects big things in Macau

10 October 2006

A selection of news and views from inside the industry this week.

Jeff Simpson on How Wynn Macau Successfully Climbed the Steep Learning Curve of Chinese Gaming

2 October 2006

Wynn Macau has had an amazing amount of gambling action in its first few weeks of operation, with the amount of high-end play surprising even developer Steve Wynn.

Inside Gaming Column: More Riders on Monorail Stoke Hopes for Casinos

2 October 2006

A selection of news and views from inside the industry this week.

Sands Progresses With Cotai Plans

27 September 2006

Las Vegas Sands Corp. has begun construction on its last two resort locations in Macau that will ultimately bring to the Chinese community 10 different hotel brands with a combined 9,400 rooms.

LV Sands Starts on Last Cotai Strip Properties

27 September 2006

Las Vegas Sands Corp. reports today that the company, after receiving the necessary licenses and approvals, has begun construction activities on the last two sites of the Cotai Strip's first phase.

Macau Gaming Taxes Up

19 September 2006

International News Brief: The government of the Macao Special Administrative Region has collected $1.5 billion in direct gaming taxes in the first eight months of the year, a year-on-year rise of 14.4 percent.

Packer's Macau Plans Hit Snag

12 September 2006

International News Brief: James Packer's dream of building a $3 billion casino business in Macau suffered a major setback yesterday when the Hong Kong Stock Exchange blocked moves for a US listing designed to help finance the project.

Jeff Simpson Reflects on Eye-Opening Journey to Magical Land of Macau

11 September 2006

Jeff Simpson shares a few thoughts from his visit to Macau for the Wynn Macau opening.

Macau Fast Becoming Vegas Strip Far East

6 September 2006

With dazzling fireworks and his trademark signature shining crisply at the arching top of his hotel the casino developer who helped change the face of Las Vegas staked out his latest ground, opening the 600-room Wynn Macau.

WPT Signs with Asian Channels

6 September 2006

WPT Enterprises, Inc. has inked pacts with Macau Cable in Macau and MediaCorp in Singapore to air its flagship show, World Poker Tour.

Gaming Industry: Gaming Stocks End Slide

5 September 2006

A gaming stock index rose modestly in August as excitement over next week's opening of Wynn Macau pulled the group out of a sharp three-month slide.

Las Vegas Sands Reaches New Heights in Macau

28 August 2006

Las Vegas Sands Corp. marked another milestone today with a ceremony celebrating the topping off of The Venetian Macau Resort Hotel.

LV Sands' Team Finds Success in Asia

24 August 2006

Las Vegas Sands Corp. and its team of Meetings, Incentive, Convention, and Exhibition professionals continue to assemble the world's top trade show organizers to support the company's burgeoning presence in Asia.

Macau Casino Tax Revenues Up

22 August 2006

nternational News Brief: The government of the Macau Special Administrative Region has collected 10.81 billion patacas in direct gaming taxes in the first seven months of the year, a year-on-year rise of 13.7 percent.

Chips Down as Ho Feels Foreign Influx

16 August 2006

International News Brief: In frank comments widely quoted in Hong Kong this week, Mr Ho grumbled about the pressure he was feeling from Sheldon Adelson's Macau Sands.

Analyst: Local Macau Casinos to Benefit from Growth

15 August 2006

International News Brief: Local casinos like Galaxy Entertainment Group Ltd. will be the biggest beneficiaries of growth in Macau's high-roller market despite competition from U.S. operators, a CIMB analyst said Tuesday.

Macau Expected to Lead by 2007

4 August 2006

International News Brief: Macau will leap-frog the world famous Las Vegas Strip as the world's strongest casino market this year, analysts said, predicting its gaming halls will generate 8 billion dollars by 2007.

Wynn Fine-Tuning Details at 600-Room Macau Resort

2 August 2006

International News Brief: Steve Wynn has started dress rehearsals for his $1.2 billion Wynn Macau, the second smallest hotel-casino ever built by the Las Vegas developer.

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