Section: News

Taiwan Man Debit Card Got Swiped US$2 Million in Macau

A Taiwanese businessman in Shanghai who had 12.19 million yuan swiped from his debit card - after he unwittingly revealed his password during a public ATM transaction in Hong Kong - lost his appeal to the Shanghai Municipal Higher People's Court to compensate his money on account of his own negligence in making the transactions. Debit

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 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