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Jul 4, 2012

MACAU News, Jul 04, 2012


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In Wynn's Macau Deal, a Web of Political Ties
Wall Street Journal
The history and connections behind the Macau government's decision to grant Wynn Resorts land rights for a $4 billion casino-resort open a window on business dealings in the booming Chinese gambling enclave of Macau.
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Macau gambling revenue growth misses expectations
Reuters
HONG KONG (Reuters) - Macau's gambling revenue growth rebounded last month from May, though the increase was slower than expected, signaling muted spending in the world's largest gambling destination.Revenue.
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Macau June Gambling Revenue Up 12%, Slightly Missing Expectations
Wall Street Journal
Total revenue in June was 23.33 billion patacas ($2.92 billion), up 12% from MOP20.79 billion in the same month last year, Macau's Gaming Inspection and Coordination Bureau said Monday. The growth rate rebounded from May's 7% year-on-year rise, but ...
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Macau June gambling revenue rises 12%
MarketWatch
Gambling revenue in Macau last month rose 12% from a year earlier, as the rate of growth in the Chinese territory continued to moderate from the aggressive pace of previous years. Total revenue in June was 23.33 billion patacas ($2.92 billion), up 12 ...
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Ex-Sands exec alleges prostitution in Macau sites
Businessweek
LAS VEGAS (AP) — The fired former chief executive of Las Vegas Sands Corp.'s Macau casinos alleges in court documents revealed Thursday that billionaire Sheldon Adelson personally approved of prostitution and knew of other improper activity at his ...
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Casino Stocks Stumble as Macau Gaming Revenues in May See Slowest Rate ...
MarketWatch (press release)
NEW YORK, NY, Jul 02, 2012 (MARKETWIRE via COMTEX) -- In recent years major casino companies have looked to Macau for a large portion of their revenues. The has been growing speculation that visa restrictions and limits on Chinese credit cards have ...
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Macau gambling revenue up 12 percent in June
Reuters
HONG KONG (Reuters) - Gambling revenue in Macau grew 12.2 percent in June compared to a year ago, government data showed on Monday, a weaker rebound than the 15 percent gain expected by analysts, signaling.
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Macau gambling revenue up 12 pct in June
Reuters
HONG KONG, July 2(Reuters) - Gambling revenue in Macau grew12.2 percent in June compared to a year ago, government datashowed on Monday, a weaker rebound than the 15 percent gainexpected by analysts,
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Macau casinos post year-over-year increase for June
Las Vegas Review - Journal
Macau's gambling revenue growth rebounded modestly last month from May, though at a slower place than expected, as Las Vegas casino companies invest heavily in the former Portuguese colony.
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Top China Stories from WSJ: Hong Kong Protests, the Macau Way
Wall Street Journal (blog)
Hong Kong's new chief executive talks harmony as tens of thousands of protesters take the streets; new insights into the way business gets done in China's booming gambling enclave; June data show Chinese manufacturing growing very slowly.
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Wall Street Journal (blog)
Try Macau's $1112 Breakfast
Forbes
Forbes Travel Guide covers Altira Macau's ultra-luxe room service breakfast—complete with caviar.
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Forbes
Macau growth hits the buffers
Financial Times
The latest data from Macau confirm that the period of exponential growth in the world's largest gaming market is over, just as two Las Vegas-based casino moguls are investing billions of US dollars into new properties in the Chinese city. In June.
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Casinos May Face Summer Slump As Macau Revenue Slides
Investor's Business Daily
Las Vegas Sands, Wynn Resorts and MGM Resorts and Crown Melco could see a summer slowdown. Gambling revenue in China's hot Macau casino district missed target.
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UFC heads to Macau, China on November 10 for Fuel TV event
MMATorch
That event will be a UFC on Fuel TV card, and it will come to Macau, one of two Special Administrative Regions of the country, alongside Hong Kong. It's not an official mainland China debut, but still marks another step forward in the UFC's plans for ...
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MMATorch
Ex-Sands exec alleges prostitution in Macau sites
The Associated Press
By KEN RITTER, Associated Press – 1 minute ago. LAS VEGAS (AP) — The fired former chief executive of Las Vegas Sands Corp.'s Macau casinos alleges in court documents revealed Thursday that billionaire Sheldon Adelson personally approved of ...
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Gang beats Macau gambling executive in his casino
San Francisco Chronicle
A senior figure in Macau's gambling industry was severely beaten by six men in a restaurant at his own casino, the highest-profile case of violence in the city's booming gambling business since Portugal handed control of the former colony back to China ...
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Former Sands exec accuses billionaire Las Vegas casino mogul of allowing ...
CanadianBusiness.com
LAS VEGAS, Nev. - The fired former chief executive of Las Vegas Sands Corp.'s Macau casinos alleges in court documents that billionaire Sheldon Adelso.
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Sheldon Adelson Denies Greenlighting A 'Prostitution Strategy' At His Macau ...
Business Insider
In documents revealed Thursday — including a sworn seven-page declaration that Jacobs submitted along with a summary from his attorneys of problems obtaining documents from Sands — Jacobs describes an effort he launched after arriving inMacau in ...
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Business Insider
A Former Sands Exec Has Accused Sheldon Adelson Of Personally Approving ...
Business Insider
In the lawsuit, he accuses the company and Adelson of breach of contract and of pushing him into illegal activity in Macau, a former Portugese colony near Hong Kong where Sands has established a strong business presence. The company owns the ...
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Business Insider
Macau's gambling bounces backin June but it's still not on a roll
The Australian
GAMBLING revenue in Macau grew more strongly last month from the surprisingly weak levels of May, but the growth rate was still below expectations as sharemarket volatility, falling property prices and headwinds facing the Chinese economy continued to ...
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Adelson denies any 'prostitution strategy'
Financial Times
Sheldon Adelson, chairman of Las Vegas Sands and a top backer of Republican presidential candidate Mitt Romney, was accused in a lawsuit of approving a “prostitution strategy” at the company's Macau casino, where the group makes the bulk of its.
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Casino, Philippines Developer Near Deal
Wall Street Journal
Macau casino operator Melco Crown is set to enter the burgeoning Philippine market with a deal to partner with local property developer Belle Corp., according to people familiar with the matter.
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Wall Street Journal
Exploring Macau and Hong Kong
Jackson Sun
Last year I had the unique opportunity to visit Macau. It is located near Hong Kong along the South China Sea. Upon arrival, I was anxiously awaiting what this tiny island had in store.
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Equity Research on MGM Resorts International and Melco Crown Entertainment ...
MarketWatch (press release)
Equity Research on MGM Resorts International and Melco Crown Entertainment Ltd. - Resort and Casinos Slowing Down in Macau Though It May Be Short Lived. NEW YORK, NY, Jun 28, 2012 (MARKETWIRE via COMTEX) -- www.ShinesRooms.com has a ...
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Macau casino revenue increased by 12.2% yoy in June
Business Insider
The Gaming Inspection and Coordination Bureau published the latest figures for the gross revenue ...
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Macau News - Graft busters say regulator violates consumers' rights ...
20120621.jpg The Commission Against Corruption (CCAC) released a report Wednesday stating that the announcement by the Telecommunications Regulation ...
www.macaunews.com.mo/content/view/1794/3/lang,english/
(Typhoon) >> Details - Air Macau - English【Air Macau News】
AIR MACAU is tracking typhoon Doksuri with conditions likely to adversely impact Macau airport operations. Current flights (on 29 JUN) are remained to depart ...
en.airmacau.com.mo/about/news_articles.asp?id=109
Casino news | Macau daily gambling news - Calvin Ayre
Visas not changing; Philippines and Melco Crown given a dress down; Police bust scam.
calvinayre.com/2012/.../macau-daily-gambling-news-june-29/
Air Macau - English【Air Macau News】
The arrival of Air Macau's flight NX619 from Taipei to Macau on 22nd June, 2012, at 11:05 am is the last flight of our Captain Arturo Alcantara Sabado, who ...
en.airmacau.com.mo/about/news_articles.asp?id=108
Macau casino stocks slide on visa concerns - Yahoo! News UK
'Macau casino stocks slide on visa concerns' on Yahoo! News UK. HONG KONG (Reuters) - Macaugambling stocks listed in Hong Kong slumped on Tuesday ...
uk.news.yahoo.com/macau-casino-stocks-slide-visa-concerns-...
Former Sands exec alleges prostitution in Macau sites - My News 3 ...
Allegations have surfaced in a Nevada court that billionaire Las Vegas casino mogul Sheldon Adelson personally approved allowing prostitution and knew ...
www.mynews3.com/.../JTAx3GJX9ESjsL6zDAty9Q.cspx
IWC Schaffhausen opens a new boutique in Macau - News
One of IWC Schaffhausen's most well-known collections is the ...
www.luxos.com/.../iwc-schaffhausen-opens-a-new-boutique-in...
University of Macau promotes Brazilian cultural activities | Delta ...
To promote the Portuguese language and Brazilian culture, the University of Macau (UM) received USD 3000 from the government of the Federal Republic of ...
www.deltabridges.com/.../university-macau-promotes-brazilia...
Macau gambling revenue up 12 percent in June - WSAU News/Talk ...
HONG KONG (Reuters) - Gambling revenue in Macau grew 12.2 percent in June compared to a year ago, government data showed on Monday, a weaker ...
wsau.com/.../macau-gambling-revenue-up-12-percent-in-june/
Macau Gallery in Malacca Opens to Showcase Macau
Secretary Cheong U and Director of Macau Government Tourist Office João Manuel Costa Antunes were joined by Chief Minister of Malacca Y.A.B. Datuk Seri ...
www.pata.org/.../macau-gallery-in-malacca-opens-to-showcase...
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