Yesterday, Wynn reported stellar second-quarter results well beyond anyone's expectations, posting adjusted earnings of $0.92 per share, compared with the $0.53-per-share analyst estimate. On the announcement, Wynn shares traded up 10% in after-hours trading to a new high of $118.40. Vegas, baby The biggest surprise came from Wynn Las Vegas, which managed a whopping 57.6% jump in

Starwood has announced plans for a new W Hotel in Macau that is scheduled to open in early 2009. This new-build W hotel will be located within the Macau Studio City complex, situated on Cotai, an area earmarked by the Macau government to become one of the main gaming, entertainment and resort developments in the Special

Chief Executive Edmund Ho Hau-wah has held a stake in Stanley Ho Hung-sun's casino empire for the past 15 years, a paper trail of corporate documents spanning nearly three decades has revealed. The former banker, who has headed the Macau government since the 1999 handover, denies any current interest or involvement in Stanley Ho's companies. However, a

Macau has transformed from being a sleepy backwater to the world's foremost gaming centre in the space of a few years since it opted to open its casino business to more operators. Billions of dollars in investment from foreign casino magnates have poured in, giving it an international reputation as offering money-making opportunities in a host

Despite the China visa restrictions, visitor arrivals continue to grow. Visitor arrivals in package tours totalled 258,156 in June 2007, up by 24.3% year-on-year. Visitors from Mainland China (148,319) decreased by 9.0%, whereas those from Hong Kong (31,465) and Taiwan, China (28,587) recorded remarkable growth of 316.2% and 86.0% respectively compared with June 2006. In