Macau Casinos Continue To Crush The Competition

Macau is the only place in China where gambling is legal, and they continue to crush the competition. Las Vegas was once known as the gambling capital of the world, but it’s rapidly becoming the gambling capital of North America. Macau has seen a rapid growth in revenue over 2009 with the top Las Vegas

Macau Population Keeps on Growing

As reported in the Peoples Daily, Macau population is growing again up to 503,000 today. Based upon an increase that's a growth rate of about 5% per annum? There is about 4,000 births per year and about 1,500 mortality cases, so that a growth of about 3,000 population per annum net. This means based on those

Macau Suspends Realty Investment Residency

The Official Gazette on April 4, 2007 published a by-law to suspend the fixed-asset investment residency policy. The Chief Executive, Mr Edmund Ho Hau Wah, announced the Government's decision this afternoon when he attended a plenary meeting of the Legislative Assembly to answer legislators' questions over public issues. Meeting the press after the session, the Secretary for

Trinity Macau

James Packer’s third Macau casino, Trinity Macau, is expected to cost at least $US675 million and was expected open in late 2012, however the project has still not started.  The third project is expected to be a tower/hotel development with at least 200 casino tables and 300 poker machines. Trinity Macau. Concept Rendering The move

Greek Mythology Casino

Greek Mythology Casino officially opened in New Century Hotel on December 23, 2004.  It’s located directly opposite Altira Macau, and has a total gross floor area of +/- 360,000 sq ft. The casino has about 623 gaming tables, there are plans for a new hotel wing will be built to house another 500 gaming tables. 

Melco Crown Shares Allegedly Used in Boiler Room Scams

Alleged scam involving Macau’s Melco Crown shares now reaches Belgium. At least a Belgium investor has been offered to buy shares in Melco Crown Entertainment at a 10 percent discount by callers claiming to be part of Mitsubishi Group (which includes Japan’s biggest lender), an investigation by Macau Business shows. The Movie. Boiler Room This

SJM Leads Macau Casino Stocks Higher on Plan to Limit Expansion

SJM Holdings Ltd., the Macau casino operator controlled by billionaire Stanley Ho, led Hong Kong- listed gambling companies higher as analysts said they would benefit from a plan to limit further expansion of the industry. SJM climbed 6.3 percent, the most in more than a month, after Fernando Chui, the enclave’s chief executive, said in

SJM Leads Macau Casino Stocks Higher on Plan to Limit Expansion

SJM Holdings Ltd., the Macau casino operator controlled by billionaire Stanley Ho, led Hong Kong- listed gambling companies higher as analysts said they would benefit from a plan to limit further expansion of the industry. SJM climbed 6.3 percent, the most in more than a month, after Fernando Chui, the enclave’s chief executive, said in

Galaxy StarWorld

Galaxy StarWorld Casino is located at the center of Avenida de Amizade, which is downtown right in the Macau Golden Triangle. It is about one mile away from the Macau Ferry Terminal, which is easily accessible by land, sea or air through Hong Kong airport. The striking design and modern facilities has made Galaxy StarWorld

MGM Grand Macau Posts Better Results

MGM Grand Macau earned operating income of US$40 million (MOP320 million) in the second quarter of 2010, including depreciation expenses of US$21 million. The results show a significant improvement compared to an operating loss of US$8 million in the second quarter of 2009, which included depreciation expenses of US$22 million. MGM Grand Macau is a