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Macau, China, 6 Sept - Over 13 percent of Macau's labour force works in the gaming sector, according to figures released by the Statistics and Census Bureau (DSEC) last week.
At the end of the second quarter, the gaming industry employed a total of 43,870 local and non-local staff, accounting f...
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Macau, China, 2 Sept - Gambling revenue in Macau rose 40 percent to 15.8 billion patacas (US$2 billion) in August after Sociedade de Jogos de Macau (SJM) Holdings Ltd. and its rivals added tables for high-stakes gamblers.
Revenue for the six operators surged 63 percent from a year earlier to ...
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Macau, China, 1 Sept - Galaxy Entertainment Group Ltd., the casino operator part-owned by British Permira Advisers LLP, plans to invest an additional HK$800 million (US$102.8 million) to speed up construction of a Macau casino resort to tap a gambling boom.
The money will be spent on raisin...
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Macau, China, 31 Aug - Sociedade de Jogos de Macau (SJM) Holdings Ltd., the casino operator controlled by Macau billionaire Stanley Ho, said first- half profit rose more than fourfold after it added more tables for high rollers from China.
Net income rose to HK$1.57 billion ($202 million) in th...
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Macau, China, 31 Aug - Melco International Development Ltd. said Monday its first-half net loss narrowed 73 percent from a year earlier as strong casino gambling revenue in Macau boosted performance at its associate, casino operator Melco Crown Entertainment Ltd. (MPEL).
Melco International, wh...
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Macau, China, 27 Aug - Sands China Ltd. said Thursday that the opening of its US $4 billion expansion project in Macau's Cotai area will be delayed due to an insufficient number of construction workers, highlighting the consequences of Macau's foreign labour restrictions on businesses.Sands China We...
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Wednesday, 25 August 2010
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Macau, China, 25 Aug - Galaxy Macau is on track to open "early next year" in Cotai, Galaxy Entertainment Group (GEG) Vice President Francis Lui Yiu Tung said Tuesday.
"I think like any contract...
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Thursday, 19 August 2010
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Macau, China, 19 Aug - More than 400 Hollywood pop culture artifacts will be put on display and auctioned here between September and October, Macau's Ponte 16 Resort Hotel announced on Wednesday.
...
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Tuesday, 17 August 2010
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Macau, China, 16 Aug - MGM Macau is looking to expand operations in Macau , but its president has admitted that the rapid growth of the local casino and hospitality industry has thrown up "challenge...
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Friday, 13 August 2010
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Macau, China, 13 Aug - Sands China Acting Chief Executive Mike Leven said to Dow Jones the company has just shy of 1,300 in total on site at the project, well under the 10,000 workers needed when co...
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Friday, 13 August 2010
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Macau, China, 13 Aug - City of Dreams, an integrated entertainment resort developed in Macau by Melco Crown Entertainment, will stage a show in a purpose-built 'water theater' which includes an esti...
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Thursday, 05 August 2010
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Macau, China, 5 Aug - MGM Resorts International, the biggest casino operator on the Las Vegas Strip, plans to build "multiple properties" in Macau as it expands in Asia.
"We are starting to asser...
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Tuesday, 03 August 2010
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Macau, China, 3 Aug - Macau's July gross gambling revenue jumped 70 percent from a year earlier and rose 20 percent from June, picking up after the end of the soccer World Cup, which analysts said...
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Thursday, 29 July 2010
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Macau, China, 29 Jul - Greg Hawkins, president of massive gaming complex City of Dreams (COD), announced Wednessday he would be stepping down, paving the way for a major management reshuffle as the ...
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