Macau News - Page 40

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Gaming Partners Signs Macau Deal

15 November 2005

Gaming Partners International Corporation has secured a major contract to supply RFID chips to the new Rio and Grand Waldo casinos to be opened early next year by Galaxy Resorts in Macau.

LV Sands Signs Macau Resorts to Management Deal

1 November 2005

Las Vegas Sands Corp. reports that Shangri-La Hotels and Resorts will manage two hotels inside a 39-floor building being built by Las Vegas Sands on the Cotai Strip in Macau.

Macau on Course for Record Turnover

18 October 2005

International News Brief: Gaming receipts for Macau's casinos reached 2.8 billion USD for the first six months of the year, government figures showed, setting the territory on course for a year of record gambling turnover.

Steve Wynn's prospects in Singapore, Station Casinos' Plans in Reno and More

3 October 2005

Steve Wynn exudes a quiet confidence about his company's chances of landing a highly sought-after license to develop a casino in Singapore.

Macau Gaming Tax Rises

26 September 2005

International News Brief: Macau's income from direct gaming tax rose 17.8 percent year-on-year in the first eight months, according to official statistics issued here on Monday.

Golden Resorts Loss Up

20 September 2005

International News Brief: Golden Resorts Group, a Hong Kong watchmaker turned Macau hotel-casino operator, said its first-half loss widened sharply to HK$365.9 million from HK$3.2 million a year earlier thanks largely to new accounting rules.

Company Exits Deal to Build Cotai Strip Resort Site with Sands

13 September 2005

Las Vegas Sands Corp. said an international hotel company that pulled out of a deal to jointly develop one of eight resort sites on the Cotai Strip near Macau will need the Chinese government's approval to go off on its own.

Las Vegas Sands Launches Problem-Gambling Program

13 September 2005

The Venetian's parent company is working with the Harvard University Medical School Division on Addictions to start a program that trains all employees, from senior management on down, to recognize customers and co-workers who show signs of problem gambling.

Macau Gaming Business Booming

31 August 2005

News Brief: Macau's scorching gaming business is keeping booming, as the latest official statistics showed that this year's gambling revenue reached $3.73 billion by August, a year-on-year rise of 14 percent.

PBL Plans Macau Casino

25 August 2005

International News Brief: Publishing and Broadcasting Limited says its latest casino joint venture will be called Crown Macau.

North American Video Awarded Wynn Macau Contract

25 August 2005

North American Video has been awarded the contract for the security and surveillance systems at the new Wynn Resorts in Macau presently under construction.

Ho's Son Bets on Chinese Customers

23 August 2005

International News Brief: Lawrence Ho, son of gaming billionaire Stanley Ho, is betting that his understanding of Chinese gamblers will help a planned HK$8 billion underwater casino fend off new entrants in Macau such as Las Vegas Sands Corp.

Macao's Casino Tax Income Soars

22 August 2005

International News Brief: Macao's income from direct gaming tax rose 23.4 percent year-on-year in the first seven months of this year, according to statistics issued Monday.

Ho, MGM Mirage Deal Should Pass Regulators

19 August 2005

Most gaming industry leaders and observers expect MGM Mirage's partnership with Pansy Ho, daughter of Asia's leading casino mogul, to stand up to Nevada's regulatory scrutiny.

Venetian Macau Budget Reaches $2 Billion

4 August 2005

International News Brief: The blockbuster budget for the Venetian Macau casino resort in Cotai has climbed to $2 billion and could go higher as owner Sheldon Adelson announced he is seeking additional land for expansion.

Inside Gaming: Barstow May Get Its Own Tribal Casino

2 August 2005

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

Leaders from Macau Plan to Pitch Homeland Tourism

25 July 2005

In recent years, the Chinese enclave of Macau has increasingly assumed a Las Vegaslike atmosphere as Strip-inspired casinos take shape along the Pearl River Delta.

Macau Gambling Income Increases

20 July 2005

International News Brief: Macau's income from direct gaming tax reached 8.15 billion patacas in the first half of the year, a year-on-year increase of 24.9 per cent.

Return to Macau in 2006 for Asian Gaming Expo

19 July 2005

Due to overwhelming demand from exhibitors and participants at this year’s Asian Gaming Expo, organisers have announced they will return to Macau to host the event again in June 2006.

K. Wah Shareholders Approve Galaxy Deal

19 July 2005

International News Brief: Shareholders of K. Wah Construction Materials and its parent company, K. Wah International Holdings, approved plans Tuesday to buy Galaxy Casino in Macao with shares and other securities, in a deal valued at 18.4 billion Hong Kong dollars.

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