updated Fri. October 4, 2024
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Madison.com
February 18, 2018
MGM Resorts (NYSE: MGM) just opened arguably its most important resort since completing CityCenter in 2009. MGM Cotai will greatly expand the company's presence in Macau with 1,400 hotel rooms, a 2,000-seat theater, and over 300 pieces of contemporary art. And at a cost of $3.4 billion, it's a big bet ...
India Today
February 17, 2018
He opened at least two new stores days after the first FIR was registered against him by the CBI in the PNB scam. PNB officials noticed that some insider had been issuing LoUs without import bill and mentioning this in the CBS. The bank has now suspended Joshi along with other officials from Brady ...
The Merkle
February 17, 2018
Zero Edge is taking the revolution in online gambling worldwide with their latest event to be held in one of the top hotels in Macau, China. The event, which is set to run until the 21st of February 2018, is sure to be an eye opener for the Asian gambling market, introducing (among other things) the benefits of ...
Macau Daily Times
February 14, 2018
Last month, Andrew Moody, an associate professor at the University of Macau was appointed by Cambridge University Press as the editor of the English Today journal for a five-year term. Moody's post began on January 1, 2018. In a statement, the University of Macau described English Today as a ...
Macau Business
February 14, 2018
These days, most Asians still only wear a suit for special occasions like weddings or special meetings. However, wearing a suit is a very important part of the lifestyle and culture of a European gentleman. This culture fascinated two young men who came together and decided to bring this culture to their hometown of Macau.
International Airport Review
February 14, 2018
Last month, Macau International Airport Company Limited (CAM) is launched a request for proposals for companies interested in five commercial spaces in the extended passenger terminal. A spokesman for the airport at the time said: “Our objective is to support Macau local enterprise as well as the Macau ...
Nikkei Asian Review
February 14, 2018
Wynn Macau, also the name of Wynn Resorts' Hong Kong-listed subsidiary, has held its ground against five rival operators. It has a market share of 17%, according to UBS, even though it operates only around 10% of the city's gambling tables. Wynn Macau accounted for nearly two-thirds of Wynn Resorts' ...
Macau Daily Times
February 14, 2018
Macau and Hong Kong have reached an agreement regarding the circulation of private vehicles on the Hong Kong-Zhuhai-Macau Bridge (HKZMB) and the number of vehicle quotas to be allocated per city. The Macau government announced yesterday that there will be a quota of 600 Macau- registered ...
South China Morning Post
February 13, 2018
Drivers from Hong Kong must pay with renminbi and follow mainland China traffic rules by keeping to the right if they cross the mega bridge linking the city to Macau and Zhuhai. And the number of Hong Kong cars which can directly enter Macau will be capped at 300, the Transport Department announced ...
Macau Daily Times
February 12, 2018
MGM staff cleaned the homes of senior citizens aged between 60 and 90 years old who were members of the Centro de Dia Brilho da Vida, a local senior citizen service center operated by Caritas Macau. The gaming operator said in a statement that it assisted more than 220 households at the Fai Chi Kei ...
Macau Daily Times
February 12, 2018
The maverick casino tycoon who appeared to be winning all through a full career of gaming ventures was forced to resign as the chairman and CEO of Las Vegas-based WR and its cash cow, Wynn Macau Ltd. Though he denies the bulk of the allegations, Wynn had to evaluate the consequences of what ...
Macau Daily Times
February 12, 2018
Secretary for Security Wong Sio Chak said at a press conference last Friday that “Macau's security situation in 2017 remained, in general, stable and favorable.” “At the same time, the adjustment of the gaming sector has not brought consequences related to Macau's security situation,” he added. During the ...
Macau Daily Times
February 12, 2018
A session of the trial between Wynn Macau and former gaming executive Rogelio Yusi Bangsil Jr was held in the Court of First Instance on Friday. During the proceedings, a witness from Wynn Macau's legal department was called to testify. Bangsil is suing Wynn Macau for what he describes as the ...
GGRAsia
February 12, 2018
The extension of the north part of the Macau airport has come into operation on Monday (February 12), just before the Chinese New Year holiday period. The north expansion project (pictured) – covering a total area of 14,000 square metres (151,000 sq feet) – will increase the terminal's capacity to 7.8 ...
GGRAsia
February 12, 2018
China's Alvan Zheng has emerged victorious from the 28th instalment of the Macau Poker Cup that concluded on Sunday, taking home the top prize of HKD3.06 million (US$390,000) for his first-place finish. The competition was promoted by online poker brand PokerStars and took place at 'PokerStars ...
South China Morning Post
February 11, 2018
In a week, we will be bidding farewell to the Year of the Rooster and welcoming the Year of the Dog. There are many ways to usher in the Lunar New Year (which starts on February 16) and have a fresh start. If you are going to celebrate the festive season in Macau, here are some exciting ideas of what you ...
South China Morning Post
February 11, 2018
Then an announcement appeared for staff members for the Hong Kong Museum of Art, and I applied; the then-curator said I was the most qualified. And so, my apprenticeship as a museum curator started. In the early 1980s, I was invited to move across to the Camoes Museum – now the Macau Museum of ...
South China Morning Post
February 9, 2018
While casino regulators and officials in Macau have remained tight-lipped since confirming they met with senior management of Wynn Macau in the aftermath of the allegations being made public last month, it may only be a matter of time before awkward questions begin to be asked about operations in the ...
Macau Daily Times
February 2, 2018
The 2018 edition of the Financial Secrecy Index has placed Macau in the 22nd position on the list of the most secret locations regarding tax information. This classification also places the MSAR in a zone of mid-level secrecy for financial information. Compiled by a non-governmental organization, the Tax ...
Macau Daily Times
February 2, 2018
Franchising in Macau is becoming more globalized, according to Wang Xin, Assistant Professor and Program Coordinator at the Faculty of International Tourism and Management of the City University of Macau. Wang was discussing the development of Macau's franchising industry in the past five years.
CardPlayer.com
February 2, 2018
An explosive Wall Street Journal report that detailed horrific sexual misconduct allegations against Las Vegas casino mogul Steve Wynn continues to send shock waves through the gambling industry. Per reporting from Associated Press, casino regulators in both Las Vegas and Macau say they will look ...
South China Morning Post
February 2, 2018
Macau has been slowly recovering since August 2016, when it began to emerge from a gloomy period that began more than two years earlier when casino takings were severely dented by Chinese President Xi Jinping's crackdown. Back then, a number of affluent VIP gamblers, many of them Chinese ...
South China Morning Post
February 2, 2018
It's February – the time of year for love. As a former Portuguese colony, Macau's enchanting European-style architecture and traditional Portuguese-style paving create the perfect ambiencefor romance. If you are taking a getaway with your loved one in Macau this month, here are a few suggestions for ...
Condé Nast Traveler
February 2, 2018
Senado Square, the hub of Macau's main peninsula, is laid in traditional Portuguese pavement. Hand-placed in a wave pattern that resembles a soft-rolling sea, small black and white limestone tiles wind through a shifting backdrop of fuchsia, yellow, and white neoclassical facades. But these buildings are ...
SBS
February 1, 2018
Infant formula, baby food, and milk powders supplier Wattle Health is expanding its presence in Asia, securing its first order from Macau just a day after breaking into the India market. Wattle Health, which listed on the Australian share market in March 2017, says it has received its first paid order from a ...
Macau Daily Times
January 21, 2018
Last Friday the Land, Public Works and Transport Bureau (DSSOPT) opened the second phase of bidding in which companies tendered their proposed contracts regarding the draft of the Macau Master Plan. The DSSOPT accepted four of the five bids, the fifth of which was rejected for lacking the required ...
Next Big Future
January 21, 2018
The trends for increasing for quarter to quarter and for larger fourth quarters suggests at least 2.23 trillion more than Q3 2017. This would put it at 23.4 trillion for Q4 2017. But I think it will come in at 2.33 trillion for Q4 which would be a total of 23.5 trillion for Q4 2017. This would be 59.3 trillion for the first ...
Macau Business
January 21, 2018
A proposal by the Macau SAR Government based on ethnicity, is advocating that judges ruling on matters relating to national security issues should be ethnic Chinese men or women, or Chinese nationals, to use the official parlance. Equating ethnicity to competency is a not a formula necessarily devised for success.
GamingTodaySlotsToday
January 20, 2018
Overall, Macau welcomed a total of 32.6 million visitors in 2017, a 5.4 percent increase over 2016. Mainland China, Hong Kong and Taiwan were Macau's top three visitor source markets, with 41 percent of mainland visitors coming from Guangdong Province, China's most populous region with nearly 80 ...
The Straits Times
January 19, 2018
HONG KONG (AFP) - Police in the world's biggest gambling hub Macau have arrested a croupier and a security guard over a massive casino heist where almost HK$48 million (S$7.9 million) in gaming chips were stolen from a VIP room. Semi-autonomous Macau is the only part of China where casino ...
Las Vegas Review-Journal
January 19, 2018
Macau gross gaming revenue growth should continue to sizzle over the next two years as more Chinese flock to the peninsula. That will drive significant profit growth for Las Vegas casino operators like Wynn Resorts and Las Vegas Sands, the U.S investment bank Morgan Stanley said in a report this week.
Macau Business
January 12, 2018
The same citizen that feels hypocritically comfortable with the crumbs that fall from the banquets of the lords of power. And in the midst of it all a grave silence on the part of the central government structures in Macau, disinterested or also colluding. At this point in the championship, it seems that nothing is useful. Therefore ...
Macau Business
January 12, 2018
Then, she took up the Lily Blush Suite, a piece inspired by the lily that graced her childhood home in Macau. The soft peach tones of the central pear-shaped morganites are enhanced by surrounding rose gold, white diamonds and delicate seed pearls. “Design from the heart is my design philosophy; I will ...
Casino.Org News
January 12, 2018
Credit Suisse, a multinational financial services firm in Zurich, said this week that Macau VIP gaming began to slow last month. Analysts there said Suncity, one of the largest junket operators, reported a year-over-year volume growth deceleration from 30 percent in October and November to 15 percent in ...
CNBC
January 12, 2018
"Mad Money" host Jim Cramer tracked the casino stocks' months-long rebound to gauge whether an improving outlook overseas could still drive the sector higher. As casino revenues grow in Macau, China's gambling hub, the stocks of casino operators Wynn Resorts and Las Vegas Sands are poised to ...
Macau Business
January 12, 2018
Macau (MNA) – The number of complaints and enquiries made by tourists to the Macau SAR Consumer Council in 2017 increased 46 per cent year-on-year to 995 cases, the latest information released by the Council on Friday revealed. There were some 574 complaints and 421 enquiries made by tourists, accounting for ...
Macau Business
January 12, 2018
Macau (MNA) – A marathon will be held at the Hong Kong-Zhuhai-Macau Bridge (HZMB) on March 18, news outlet China News reported this Friday. According to the report, the Zhuhai municipal committee announced registration for the event will start next week and last for two weeks, with the event ...
Macau Business
January 12, 2018
Macau (MNA) – A total of 15 part-time drivers from New Era Public Bus Co. Ltd. have resumed work in the Macau SAR over the last two days, the Transport Bureau (DSAT) announced in a press conference on Friday. On January 10, some 32 part-time drivers of the company were temporarily suspended following an ...
Macau Business
January 12, 2018
Then, she took up the Lily Blush Suite, a piece inspired by the lily that graced her childhood home in Macau. The soft peach tones of the central pear-shaped morganites are enhanced by surrounding rose gold, white diamonds and delicate seed pearls. “Design from the heart is my design philosophy; I will call myself a story ...
Macau Daily Times
January 12, 2018
Steve Vickers, CEO of Steve Vickers Associates, has said that casinos in Macau remain vulnerable to terrorist attacks despite the city's recent efforts to improve readiness. He also noted that efforts have been made to increase the difficulty of securing firearms and explosives. Speaking at the morning event ...
Outlook India
January 10, 2018
Go 'Treasure Hunting' in Macau as the autonomous region's Cultural Affairs Bureau holds the 17th Macau City Fringe Festival from January 12 to 21, 2018. The main idea is to let the local residents as well as visitors discover the city's treasures and explore overlooked values in the interaction between ...
Motley Fool
January 10, 2018
Shares of Macau casino operators Las Vegas Sands (NYSE:LVS), Melco Entertainment (NASDAQ:MLCO), and Wynn Resorts (NASDAQ:WYNN) took a hit recently after gaming regulators reported a smaller rise in revenues than expected. Despite pushing non-gambling forms of entertainment at the behest ...
Macau Business
January 4, 2018
Macau (MNA) – The sale of hotel Lan Kwai Fong to local businessman Chan Meng Kam is completed, according to a filing with the Hong Kong Stock Exchange issued by seller China Star Entertainment on Wednesday evening after trading hours. The parties reached the acquisition agreement on October 10, 2017, with the ...
Macau Business
January 4, 2018
Macau (MNA) – The Macau SAR Government-appointed research group Talents Development Committee (CDT) has completed and is now implementing its 5-year plan for cultivating talent in the city. The plan focuses upon developing talent for fields that the Committee claims suffer a severe shortage of human resources ...
Macau News
January 4, 2018
Shell completed the sale of the first phase of its Hong Kong and Macau LPG marketing business to Ireland's DCC on New Year's Eve, international business newswires reported on Wednesday. According to the report, Shell will continue to run its LPG plant in Hong Kong, which is part of the second phase ...
Macau Daily Times
January 4, 2018
The Cultural Affairs Bureau (IC) has published a book by art historian and Macau Ricci Institute researcher Cesar Guillen-Nunez, titled “Macao's College and Church of St Joseph: Splendor of the Baroque in China”. The book focuses on the church and the adjacent Jesuit College – now more commonly ...
Motley Fool
January 4, 2018
The big driver behind the rise in casino stocks was a recovery in Macau's gaming market. Casino revenues in the Chinese territory rose 19.1% in 2017 to $33.1 billion, and the VIP market finally showed some renewed life after a few years during which a Chinese government crackdown on corruption and ...
Macau Daily Times
January 4, 2018
Hong Kong-based risk consultancy Steve Vickers & Associates has released its annual Asia Risk Assessment report, finding that Macau's “political outlook for 2018 promises stability” and that “the economy should stay solid.” Chief Executive Officer Steve Vickers also praised the efforts of local security ...
Macau Business
January 4, 2018
Macau (MNA) – Former New Macau Association President Scott Chiang told Macau News Agency (MNA) on Thursday that he and Sulu Sou Ka Hou have yet to find their own legal representation, with the first court case session of their public disobedience trial to take place on January 9. “We're mostly preparing our ...
Macau Business
January 4, 2018
One of the big topics of the moment (still) is the relative recuperation of casino revenues and the growth expectations for the year that has just started. There is a lot of excitement about this issue, which surely has impacted balance sheets and share prices, not to mention the life of ordinary residents. What can we make of it?
