Grand Lisboa To Open On 11 February 2007 (Update)

Update - It has been confirmed by SJM that the Grand Lisboa will have their soft opening on February 11, 2007 just in time for the lucrative Chinese Year, which is from February 18-20, 2007. Only the lower floor where the  casino is located will open to the public. Meanwhile construction on the hotel will

Winnie Ho to Sue Dr Stanley Ho Again

After been in hiding for a while, it looks like Winnie Ho is at it again! The founder of the Moon Valley Foundation sues STDM again, this time over the transfer of ownership of its bank. She argued that as more than 70% of the identity of the shareholders have not been verified since the shareholders’ register

Macau's Bad Old Days Returns

What a gruesome story this is, as always Macau's obscure past will continue to haunt it! This obviously is related to new competion coming into the market, and as Stanley Ho last week suggested it's starting to hurt their pockets. As reported by AFP on Yahoo News - Chao Yeuk-hong, executive director of the

Shun Tak Made US$770m From Sales One Central Residences

Shun Tak Holdings has said that more than HK$6 billion(US$770 million) has been generated from sales of One Central Residences, the company's joint-venture luxury residential project in Macau with Hongkong Land. About 90 percent of the apartments have been sold, the company said. Some units sold for as much as HK$6,300 psf. One Central Residences, which has 796

Macau Gaming System On Brink of Failure

Three gambling operators became six. Nowadays, there are many more in Macau sharing the gross gaming revenue without a concession. All because the system has been changing since the 1980's. Official sources are saying that presently "the system is on the verge of its breaking point". Up against the wall, the government will react by

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