Macau Investment Forum to be Held 21-22 February 2008

Institutional Investor Conferences announces the 3rd Annual Macau Investment Forum, to be held February 21-22, 2008 at the The Venetian Macau Resort Hotel. Following with tradition, the 2008 Forum will bring together global investors, issuers, and gaming and entertainment professionals with their Chinese counterparts. This event will offer participants unique, interactive and in-depth discussions on Macau’s

MGM Mirage Still Under Strutiny With Macau Casino Deal

The efforts by MGM Mirage to open a casino halfway around the world have led to a review of whether there's a conflict of interest within the New Jersey Division of Gaming Enforcement. For nearly three years, the division has been conducting an investigation into MGM's partner in the Chinese enclave of Macau. The partner, Pansy

Macau Receives Record Numbers of Christmas Visitors

Again Macau breaks new records with the arrival of about 779,000 vistors during the Christmas holidays, with at least thirty thousand Hong Kong people congesting the entry ways of Macau as most of them began their Christmas holidays on Tuesday. Information from the Chinese language Macau Daily newspaper showed that the number of arrivals reached 55,000

Emperor Holdings Buy New Macau Site

Hong Kong-based investment company Emperor International Holdings is to acquire a commercial property in Macau for HK$430 million(US$336.4 million). The site is in Avenida da Praia Grande, a central commercial area in downtown Macau. The terrace of three-story commercial buildings has a total saleable area of 10,167 square feet, and the company said the purchase

Ticket Touts at Macau Ferries Becoming a Pest

Ticket touts are increasingly working the ferry terminals between Hong Kong and Macau, cashing in on the tourism boom in the territory that has revealed the inadequacy of ferry services. The public recently complaint about both the lack of ferries and associated ticket scalpers, when Venetian Macao held the exhibition matches between tennis stars Pete Sampras

MGM Mirage and Dubai World to Dabble in Macau Investments

The US based entertainment firm MGM Mirage and Dubai World could make joint investments in Macau and the mainland, according to MGM's Chairman and CEO Terry Lanni and cited by the Financial Times. Lanni, who has just seen MGM open MGM Grand Macau, its first casino in Macau, said the projects would be 'non-gaming'. Dubai World secured

MGM Grand Macau Opening Videos(Update)

Just for the ones who like to see some of those MGM Grand Macau opening video clips! [youtube]http://youtube.com/watch?v=EIgleSPUxNM&feature=related[/youtube] And Now The Lion Roars! [youtube]http://youtube.com/watch?v=nQhAflWOOWU[/youtube] Opening Party at MGM Grand Macau [youtube]http://youtube.com/watch?v=6gOTNsrXjF0[/youtube] Grand Opening Party [youtube]http://youtube.com/watch?v=1kiXnEQxX3s[/youtube] The Customary Fireworks!

Merry Christmas and a Prosperous New Year

MacauDailyBlog.com like to wish our readers a wonderful festive season and great 2008. We ourselves will be busy, thanks to the continued increase and support from our loyal readers and to offer them faster site, and going to move our site to a new server over the holiday period. As always we will continue

Macau Visitor Arrivals Hits Another Record for November 2007

Macau continues to receive record numbers of visitors, as the number of visitor arrivals reached 2,458,120 in November 2007, representing a year-on-year increase of 26.1%. Visitors from Mainland China and Hong Kong rose by 31.2% and 10.3% respectively, with those from Southeast Asia soared by 85.4%. Meanwhile, same-day visitors accounted for 52.1% of the total

Venetian Macao Hotel Got Hit By Suspicious Fire

A fire broke out at the Venetian Macao Resort Hotel's tower yesterday afternoon which resulted in a woman falling into a coma and being admitted into intensive care. The Public Security Police (PSP) said the case was being treated as suspicious and has now been transferred to the Judiciary Police (PJ) for further investigation. The incident was