Macau News - Page 47
Macao, Hong Kong Joint Race Breaks Record
5 April 2004
International News Brief: The Macao Jockey Club brought in a record high daily gross revenue of $19 million from Sunday's first joint race with the Hong Kong Jockey Club.
Kazakhstan to Study Macau29 March 2004
International News Brief: Vice-foreign minister of Republic of Kazakhstan says his government wants to study Macau's experience in the gaming industry, namely because the opening of casinos was legal in his country.
Macau Execs Expect Record Year16 March 2004
International News Brief: Gaming-industry executive say that the Macau government can expect to collect record 12 billion patacas in casino gross-revenue taxes this year.
Aristocrat to Expand into Macau8 March 2004
International News Brief: Resurgent poker machine maker Aristocrat Leisure Ltd has teamed up with an American casino to expand its operations in Asia via a deal in Macau.
Macau Collects Record Gambling Revenues2 March 2004
International News Brief: The Macau government collected a record 10.17 billion patacas in casino gross-revenue tax last year, an increase of 33 per cent on 2002.
Wynn: Rule Changes will Advance Chinese Casino26 February 2004
Recent developments make it clear that Wynn Resorts will soon begin building its Wynn Macau resort, Steve Wynn said Wednesday.
Experts: Asia to Make Majority of Online Gambling Market26 February 2004
International News Brief: Many experts say they eventually expect Asian nations to constitute a majority of the market for online gambling as betting using new technologies such as wireless phones and PDAs increases.
Venetian's Macau Hearing Delayed18 February 2004
A hearing on an Israeli tourism entrepreneur's claims that he guided Venetian hotel-casino owner Sheldon Adelson's efforts to build casinos in Macau has been postponed.
Macau's Casino Untouched by Bird Flu16 February 2004
International News Brief: Macau's vitally important casino sector has so far remained immune to avian influenza epidemic, according to insider source.
Shun Tak Denies Casino Venture with MGM10 February 2004
News Brief: Shun Tak Holdings Ltd, controlled by Macau casino mogul Stanley Ho, denies a newspaper report that it was to take part in a venture to be formed with MGM Mirage Inc.
Macau Casinos Allowed to Offer Credit9 February 2004
International News Brief: Macau’s 10-member Executive Council passed a bill that will permit casino operators and gaming promoters to grant gamblers non-pecuniary credit in the form of gaming chips.
SJM, MGM to Announce Macau Deal9 February 2004
Stanley Ho Hung-sun's casino company, Sociedade de Jogos de Macau and MGM-Mirage casino sub-concession will invest 4.4 billion patacas in Macau, according to an. informed source.
Alliance Gaming Wins Contract for Sands Macau4 February 2004
Alliance Gaming’s Bally Gaming and Systems business unit has signed a contract with Las Vegas Sands, Inc. to provide an integrated marketing and casino management system and nearly 34 percent of the slot floor for the new Las Vegas Sands resort scheduled to open in Macau this spring.
Macau Casinos Report Record Revenues2 February 2004
International News Brief: Stanley Ho's 12 casinos generate a gross revenue of slightly over three billion patacas in January, coinciding with Chinese New Year holidays.
Macau Delegates Return from Vegas Trip28 January 2004
International News Brief: Delegation of Macau Legislative Assembly have returned from a meeting with casino operators and Nevada Gaming Control Board members in Las Vegas.
Ho's New Casino to Open20 January 2004
International News Brief: Gaming mogul Stanley Ho Hung-sun will open his 12th casino in Macau on Wednesday, coinciding with Chinese New Year's Eve that marks the start of Macau's annual gambling cycle.
Galaxy Plans Unveils Macao Plans17 December 2003
International News Brief: Galaxy Resort and Casino, one of the newest entrants into Macao's hospitality and gaming industry, unveiled here on Wednesday a $1.1-billion plan for building casinos and hotels in Macao.
Macao Lottery Gets British Accreditation15 December 2003
International News Brief: The Macao Lottery Co. Ltd has become the first sports lottery operator in the world to obtain an accreditation on the safety management of information from the British Standard Institute.
Gaming Helps Boost Macau's GDP10 December 2003
International News Brief: Macau's gross domestic produce rises 24.6 per cent in third quarter, namely thanks to strong growth in gaming revenue and gross fixed capital formation.
Macau Casino Developments to Great Visitors4 December 2003
International News Tens of thousands of visitors are expected for the annual Macau Grand Prix. And when they arrive they will see two huge casino developments taking shape along the harbour front.
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