Macau News - Page 9

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Crown Resorts sees lift in net profit

15 August 2014

Crown Resorts saw a leap in net profit up 66 percent, aided by the growth of its Macau operation.

IGT deal may open Asian market to company slots

15 August 2014

Financial terms were not disclosed for the three-year distribution agreement between IGT and LT Game, a subsidiary of Paradise Entertainment Ltd.

Macau: Gambling revenue sees second month of decline

1 August 2014

Macau revenue down 3.6 percent year on year for July.

IMF recommends Macao diversify economy

25 July 2014

The IMF has advised Macau to diversify its economy to include more than gambling.

Las Vegas Sands: Strong growth in Q2 profit

17 July 2014

The casino operator Wednesday credited another strong quarter from the company’s casinos in Macau with producing double-digit increases in both revenues and earnings. But the figures didn’t meet analyst projections.

China slowdown impacts Melco Crown shares

11 July 2014

Shares in Melco Crown Entertainment have fallen 7 percent since June.

Looking beyond the Horizon is theme of 2014 Macao Gaming Summit

10 July 2014

The Summit will include keynote sessions on the regulatory environment in Asia-Pacific, the future of gaming in Macao and beyond, opportunities in Asia-Pacific comprising industry updates on mature, emerging and future markets as well as best practices required in the region.

Bonus for Sands China employees

4 July 2014

Sands China Ltd 27,000 employees have some pleasant news in this month's pay packet.

Macau sees first gaming revenue dip in June

2 July 2014

Macau revenue down 3.7 percent in June, first dip in five years.

Changing fortunes: Sports teams rise, fall — and so does Macau gambling

25 June 2014

In Macau, there are ominous signs the market will suffer its first gaming revenue decrease since June 2010.

Large World Cup gambling ring busted

20 June 2014

Police bust World Cup gambling ring in Macau, 22 people arrested.

Survey: Half of Macau's casino workers do not want to work in smoking areas

26 May 2014

Survey shows over 50 percent of Macau's casino workers do not want to work in smoking areas of casinos.

Macau April gaming revenue enough to ease worries of a market slowdown

5 May 2014

Macau’s Gaming Inspection and Coordination Bureau said Friday casinos collected $3.9 billion in gaming revenue during April, a 10.6 percent increase over April 2013.

Venetian, Palazzo barely an afterthought with Macau in the mix

1 May 2014

More than half of Las Vegas Sands’ quarterly revenue — $2.02 billion — came from its Macau resorts.

Driven by Macau, Las Vegas Sands Corp. earnings rise 36 percent

25 April 2014

Chairman Sheldon Adelson said there is no reason to believe the market — China’s only legal gambling jurisdiction — will slow down any time soon.

Macau casinos again top $4 billion in monthly gaming revenues

4 April 2014

Macau’s gaming market grew revenue 13.1 percent during March with $4.4 billion collected in gaming revenue, according to figures released Tuesday by the Gaming Inspection and Coordination Bureau.

Revenue from Macau casinos enriches industry billionaire

19 March 2014

It makes sense that the region — the only location in China with casinos — is creating more gaming industry billionaires than Las Vegas.

Iao Kun Group Holding Company Limited announces Rolling Chip Turnover of US$1.73 Billion for February 2014

5 March 2014

Rolling Chip Turnover for February 2014 at the company’s VIP rooms in Macau was US$1.73 billion, up 34% year-over-year, compared to February 2013.

Celebration of new year helps Macau gaming revenue reach $4.8 billion in February

4 March 2014

Casinos in Macau collected $4.8 billion from gamblers attracted to the market for the Chinese New Year celebration in February.

Macao sees revenue up 40 percent for Feb

3 March 2014

February 2014 was a record month for Macau, with an astonishing 40 percent rise in revenue.

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