Macau News - Page 37

International News Brief: Las Vegas Sands is planning to invest more than $8 billion in its casino, leisure and convention facilities in Macau and a neighbouring island over the next six years.

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

International News Brief: The massive Venetian Macao casino resort is set to open in 2007, and there are hopes that this mega resort, which will feature one of the biggest convention centers in Asia, will lure Japanese who are doing business in China.

With Wynn Macau's opening just two months away, holding company Wynn Resorts Ltd. has discovered recruiting and training workers is not so different in China than it is in Las Vegas.

A selection of news and views from inside the industry.

Las Vegas Sands Corp. has now reached commercial terms with 200 premium retailers, who combined will bring 250 branded stores to the company's malls on the Cotai Strip in Macao.

nternational News Brief: The government of the Macau Special Administrative Region has collected 7.7 billion patacas in direct gaming taxes in the first five months, a year-on-year rise of 17.4 percent.

The Asian Gaming Expo is the largest casino gaming equipment trade exhibition in the Asian region.

Las Vegas Sands Corp. and Fairmont Raffles Holdings have entered into a non-binding term sheet and expect to enter into binding definitive agreements before the end of Q3 2006.

International News Brief: The booms and waves of change in Macau’s 120-year-old gaming industry have never this strong before as the city rises to becoming the world’s largest resort city.

International News Brief: K.Wah International is talking with investors including Harrah's Entertainment Inc. about selling some or all of a stake in Macau casino operator Galaxy Entertainment, a senior executive said.

International News Brief: Melco International Development, controlled by the family of casino tycoon Stanley Ho, is seeking to raise up to HK$1.2 billion through a share placement to fund a land acquisition for a casino in Macau.

The first time he saw China's planned Cotai Strip development four years ago, Las Vegas Sands Corp. Chairman Sheldon Adelson thought the Chinese government was banishing him to som

International News Brief: Galaxy Entertainment Group opens the 21st casino in Macau.

Gaming Partners International Corporation has signed a contract with Wynn Macau for the supply of gaming chips and plaques.

International News Brief: Lawrence Ho Yau-lung, the chairman and CEO of Melco International Development, is focused on expanding the gaming and entertainment business with partner

Steve Wynn, Chairman of the Board and CEO of Wynn Resorts, Ltd. has been honored in the "Builders and Titans" category of the publication.

The future of Las Vegas Sands Corp. is coming out of the ground on the corner of the Strip and halfway around the world on a parcel of reclaimed land in southern China.

Las Vegas Sands Corp. and Cirque du Soleil announced today that they will create a one-of-a-kind show that will be featured on the Cotai Strip currently being developed by Las Vegas Sands in Macau.

International News Brief: The gross receipts of Macau's 19 casinos reached 46.1 billion patacas in 2005, up 8.2 percent over the previous year, according to official statistics issued Thursday.