Section: Hotels

Macau on Its Way to Major Exhibition City

MACAU -- (PRESS RELEASE) -- As the hotspot gaming city in the region, Macau is gradually becoming a major home to large-scale gaming exhibitions in Asia, but it still lags behind in M.I.C.E. support in holding such big events. Yet that gap is expected to be narrowed as Asian Gaming Expo returns to Macau, following

Galaxy Entertainment Sees 3Q Drop in Revenue

Galaxy Entertainment Group announced a third quarter drop in revenue for the company as a whole and for its flagship casino Galaxy StarWorld yesterday. Gross earnings at the StarWorld Casino Resort fell from HKD2,209 million in the second quarter to HKD,2096 in the three months to September 30 this year. The drop was reflected in the group

Wynn Resorts Seeking US$1.25 Billion to Expand

Wynn Resorts has hired three banks to arrange $US1.25 billion of loans to double the size of its resort in Macau, the world's biggest gambling market in terms of revenue, said two people with direct knowledge of the deal. Wynn Macau and Wynn Diamond Suites Wynn Resorts hired Bank of America, Deutsche Bank and Societe Generale to

Buy One, Get One Free

June 21, 2006 | MacauBusiness | A government scheme offering a Macau identity card to Mainland residents and other outsiders investing in the territory's property market is still proving popular, despite a tightening of the rules. In six years 7,939 people and their dependents have been issued with the sought-after IDs that can open doors to

Future Macau Hotels from Hilton

May 20, 2006 - Hilton Hotels Corp. announced plans to build hotels under its Hilton and Conrad brands on the Cotai Strip. Las Vegas Sands Corp. is developing an Asian version of the Las Vegas Strip in Cotai. Hilton plans to operate: a 1,200-room Hilton Hotel, a 300- room Conrad Hotel, and 300,000 square feet of