Macau News - Page 43

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IGT Forms Asian Division

15 February 2005

International Game Technology reports the formation of a new company division to service the Asian gaming markets.

Casino Companies Bet on China

14 February 2005

International News Brief: By the end of the decade, Macau could well surpass Las Vegas as the world's largest gambling market according to analysts.

Macau Welcomes 2 New Casinos

8 February 2005

International News Brief: Two new casino halls opened for business in Macau yesterday, aimed at the tourists arriving during the Lunar New Year travel spree.

Sands Macao Opens Pearl Room

7 February 2005

The Sands Macao, the first western-operated casino in Asia, has opened the luxurious Pearl Room, a new themed gaming room bedecked with sparkling pearl chandeliers situated adjacent to the main lobby of the Sands Macao.

Asian Gaming Expo to Focus on Opportunities

3 February 2005

Investment opportunities in the fast-growing Asian gaming market will be the topic of the Asian Gaming Investment Forum at the Asian Gaming Expo.

MGM Confident of Macau Approval

2 February 2005

International News Brief: MGM Mirage is close to securing regulatory approval for its proposed joint venture with gambling heiress Pansy Ho to build a casino in Macau, according to company executives.

600 Billion Yuan "Gambling" Outflow

26 January 2005

International News Brief: Statistics from Beijing University's China Center for Lottery Studies shows that 600 billion yuan flow out of the country in gambling stakes every year.

Macau Approved to Take Hong Kong Jockey Club Bets

25 January 2005

International News Brief: The government on Tuesday opened the door to the hoped-for globalization of Hong Kong Jockey Club betting pools when it approved an application for the Macau Horse Racing Company to act as a betting agent.

Inside Gaming: Mergers May Multiply for Casinos

17 January 2005

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

Macau Gambling Firm Bids To Operate Resort In Singapore

17 January 2005

International News Brief: One of gaming hotspot Macau's newest glitzy casinos – Greek Mythology – has bid to operate a proposed gambling resort in Singapore.

Macau Casino Chief Quits

6 January 2005

Las Vegas Sands Corp. said the chief operating officer of its Sands Macau casino, Thuy Trinh, resigned effective immediately and was temporarily replaced by the company's top executive in the city, Frank McFadden.

Ho to Buy into Emperor Entertainment

6 January 2005

nternational News Brief: Stanley Ho will pay HK$92 million to buy a 3.44 percent stake in Emperor Entertainment Hotel, a hotel-casino developer controlled by tycoon Albert Yeung, expanding his already huge presence in Macau.

Macau Enjoying Unprecedented Economic Boom

4 January 2005

International News Brief: Since Macau, which returned to Chinese rule in 1999, deregulated its gaming industry in 2001 to allow foreign investment, it has enjoyed an unprecedented economic boom.

2004 In Review: Merging And Converging

28 December 2004

A rebounding economy, roller-coaster gasoline prices, corporate mergers, and record earnings were stories with national implications that had local undertones.

Greek Mythology to Open

22 December 2004

Macau gaming and entertainment group Greek Mythology Entertainment Group Limited is opening a new Greek Mythology Casino at New Century Hotel on December 23, 2004.

Analysts: Las Vegas Sands is a Good Bet

13 December 2004

News Brief: With a strong operating history and growth potential in Las Vegas and in Asia's Macau, Las Vegas Sands could offer a significant payout for those investors willing to play a hand.

Ho Planned Venture to Dwarf Others

9 December 2004

International News Brief: Gambling heiress Pansy Ho has stayed nearly mum about her planned joint venture with American gaming giant MGM Mirage. In a recent presentation, she revealed that it was going to dwarf all other developments.

Wynn Seeks Macau Expansion

9 December 2004

Instead of developing second and third Macau properties with other hotel owners, Steve Wynn says the power of Macau is too valuable to sell, and that he'll build at least one, and possibly two properties on the island.

Macau Visitor Numbers Up

7 December 2004

International News Brief: Macau, which has just 451,000 residents, logged a record 1.52 million visitor arrivals last month, an increase of 45.6 per cent on the same month last year, the Macau Statistics and Census Bureau said on Friday.

Ho Opens Talks with Neighbors

6 December 2004

International News Brief: Macau gambling mogul Stanley Ho has opened talks with neighbouring Zhuhai about extending his empire into mainland China.

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