Comment - Las Vegas Sands will continue to do well mainly because of their foray into Asia, first Macau and now in Singapore. LVS stock is already up 54% for this year and once the expanded Sands Macau opens we do expect it to go even higher this year.
Hotelier and casino operator Las Vegas Sands Corp.
Comment - And so the hotel boom in Macau continues on, first the Emporor Entertainment Group profit was boosted by Grand Emperor Hotel Macau profits being up 34.2%, and now the Mandarin Oriental Macau together with its sister Hong Kong hotel is responsible for 50% of the profits of the Madarin Oriental group. Very impressive indeed,
Comment - This is indeed good news for Macau, it must be remembered as outlined by Las Vegas Sands, that the Cotai Strip development will be partly dependent on Japanese tourists. Also it would make it easier for US East Coast travelers to travel to Macau, via a single stopover through Japan. The question now is when?
The
Macau Womens Volley Ball World Grand Prix play-offs will all be held at the Macau Forum on August 25-27, 2006. The event is proudly sponsored by the Macau Galaxy Entertainment Group.
The participating teams in Macau are Brazil, China, Domincian Republic and the US.
Schedule is as follows;
For tickets check here...
BRA-DOM - FRI 25-Aug - 18:00 and
Comment - As part of the growth in the Macau economy and the ensuing boom in major construction projects, it is not suprising to see that the daily wages are increasing. This also is caused by the on-going shortages of labour as well the demand for skilled workers. The demand for skilled workers will remain high for the