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Apr 3, 2013

MACAU News, Apr 03, 2013

Adelson's Vegas Sands Faces Trial Over Macau Licensing
Bloomberg
Las Vegas Sands Corp. (LVS), the casino operator controlled by billionaire Sheldon Adelson, faces as much as $328 million in damage claims at a trial over who helped it win its Macau gaming license. Opening statements are scheduled today in state court ...
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Asia next for Manny Pacquiao?
ESPN (blog)
LAS VEGAS -- Top Rank promoter Bob Arum is leaving for Macau, China on Sunday to promote his company's card there next Saturday, which is headlined by the pro debut of Chinese national hero Zou Shiming, a two-time Olympic gold medalist. But this ...
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Macau Revenue Rises to Record as Casinos Expand
Bloomberg
Macau's gambling revenue jumped 25 percent to a record in March as casino operators expand and add more hotel rooms to draw tourists from China's mainland. Revenue in the world's largest gambling hub rose to 31.3 billion patacas ($3.9 billion) in March ...
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Macau's Casino Stocks: Life After the Rally
Barron's (blog)
The recent rally baked-in higher expectations into the Macau names' share prices, leaving more room for correction in case of heightened regulatory risk. But most important, the stock price outperformance for the sector was not evenly distributed among ...
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MTR: Shiming's Debut And Macau Card
ESPN
... Google+, Gmail, Orkut, Picasa, or Chrome) to add ESPN's video to your playlist. Sign in. Statistics Report. Published on Apr 2, 2013. Brian Campbell and Jim Basquil discuss the pro debut of China's Zou Shiming and Saturday's impressive card in Macau.
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Viloria anxious to impress Macau crowd
ABS CBN News
HONG KONG -- World champion Brian Viloria and other fighters received a rousing welcome from Hong Kong media and fans. A boxing-inspired dance and song was even made for this Saturday's card. Viloria, his Mexican opponent Juan Estrada and Top ...
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Air Macau has 16pct more passengers
Macau Daily Times
Air Macau recorded a 16 percent increase in passenger load in the first quarter of this year, and the company welcomed the extension of operating hours at the Border Gate and Hengqin checkpoints as reported in the media. Yesterday the company ...
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Pacquiao fight could be in Macau or Singapore
Yahoo! Sports
Promoter Bob Arum said he is trying to put together a fifth fight between Pacquiao and Juan Manuel Marquez and shopping it to casinos in Macau and Singapore. He said Saturday night at the Brandon Rios-Mike Alvarado fight that the bout would likely be ...
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ICAS8 MACAU: The largest conference ever on Asian Studies
Macau Daily Times
88 days to go to the most significant and largest conference on Asian Studies ever. More than 1,500 academics from over 50 countries are participating in the 8th International Convention of Asia Scholars - Macau (ICAS 8), a premier international ...
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Macau Gambling Revenue up 25% on Year in March to Record MOP31.34 Bln
Wall Street Journal (India)
HONG KONG--Macau gambling revenue hit an all-time monthly high in March as Chinese players continued to fuel solid growth in the world's largest gambling market. Gambling revenue in the Chinese territory rose 25% from the previous year to 31.34 billion ...
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RFID Sensors Help Macau Museums Protect Art and Artifacts
RFID Journal
RFID Sensors Help Macau Museums Protect Art and Artifacts. The technology, installed throughout several of the region's historical museums, measures temperature and humidity levels to ensure exhibited items are not exposed to damaging heat or ...
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ARCHITECTURE: Macau's unique and multilayered urban fabric
Macau Daily Times
Macau's competing skyline has given the city's urban landscape endless facelifts like never before, providing a complex composition of elements within the municipal landscape. Old Portuguese colonial architecture sits alongside the newest styles which ...
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Peñalosa brothers leave for macau
Inquirer.net
Cebuano boxing hotshot Dodie Boy “Dugong Kampeon” Peñalosa and his brother Dave, together with trainer and father Dodie Boy Sr, will depart for Macau today for their April 6 bouts in the undercard of WBO/WBA flyweight champion Brian Viloria's match ...
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Air Macau seizes mainland chances
Macau Business Daily
Air Macau Co Ltd hopes to begin flights on at least one more route to the mainland this year, its chairman, Zheng Yan, has said. Mr Zheng was speaking to journalists during a ceremony on Friday to mark the entry into service of a new aircraft. He said ...
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Aussie Billionaire James Packer hits the jackpot in Macau
Herald Sun
Packer's Macau casino company, Melco Crown, posted a higher-than-predicted profit, lighting up wealth analysts Merrill Lynch Global Research, which has urged investors to "buy, reiterate Buy" the company's shares. Access all Areas. $1 for the first 28 ...
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Hutchison Macau fined MOP370,000 for service failures
Macau Business Daily
That caused the whole system to reboot, affecting telecoms services for around one in ten of theMacau population, Brendon Sio Weng Weng, head of the Promotion of Competition Department of the Bureau of Telecommunications Regulation (DSRT), said ...
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Macau to use contactless smart ID with biometric capabilities
Planet Biometrics
The government of the Macau Special Administrative Region of the People's Republic of China has chosen Giesecke & Devrient (G&D) to manufacture and deliver its new generation of multifunctional smart ID cards, which are to be purely contactless.
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Chinese Boxer to Make Professional Debut in Macau
CRIENGLISH.com
Zou Shiming, the first Chinese boxer to turn professional, will make his debut inMacau on Saturday. Zou will meet the Mexican Eleazar Valenzuela at the Venetian Hotel casino resort in Macau, the Independent reports. The double Olympic gold medalist ...
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CRIENGLISH.com
Amax directors complain to HK Stock Exchange
Macau Business Daily
Two independent non-executive directors of Macau junket investor Amax Holdings Ltd have written to the Hong Kong Stock Exchange objecting to the firm issuing new shares to a named individual – a “Mr Albino” – in settlement of a debt said to be owed by ...
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Investors can't resist lure of cheaper mainland flats
Macau Business Daily
Restrictions have done little to curb investment in property on Hengqin Island. The soaring cost of housing here will drive more Macau residents to buy homes in mainland and they will move there in the long term, according to people in the real estate ...
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Mainland cracks down on cash smugglers
Macau Business Daily
The mainland Chinese customs service has said it will examine passengers on flights to and fromMacau more thoroughly after a spike in the number of passengers caught carrying more cash than allowed. But the authorities here told Business Daily that ...
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Vegas Casinos May See Gains On Macau Record Revenue LVS MGM WYNN
Investor's Business Daily
Macau's March gambling revenue rose more than 25% year-over-year to nearly $4 billion, a new monthly record, officials there said. Top U.S. casino companies Las Vegas Sands (LVS), MGM Resorts International (MGM) and Wynn Resorts (WYNN) have ...
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Tech specialists in high demand
Macau Business Daily
A survey of Macau's information technology needs has found that corporations and public institutions find it most difficult to recruit software engineers, programmers, testers, network engineers and project managers. The latest Macau IT Skill Set ...
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MSAR has “disagreements” with UN panel's observations on human rights
Macau Daily Times
In response to the concluding observations of the initial report on Macau released by the United Nations Human Rights Committee at the end of last month, the MSAR government said that it “respects” the Committee's observations but the authority has ...
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Happy days are here again for the airport
Macau Business Daily
Macau International Airport handled over 408,000 passengers last month, 22.4 percent more than a year earlier, as more flights came and went. The number of takeoffs and landings was over 3,900 last month, 23.5 percent more than a year earlier, data ...
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AERL's 2012 net income down
Macau Business Daily
Asia Entertainment & Resources Ltd – a Nasdaq-listed investor in Macau casino junket operations – reported a nine percent fall in net income, to US$70.1 million (560.5 million patacas) or US$1.66 per share on a fully diluted basis in the year ended ...
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This weekend at the Macau Cultural Centre: Award winning play brings tales of ...
Macau Daily Times
Imagine you could take your family on to an adventurous journey, filled with friendly creatures, giants, and flying ships. This weekend, the Macau Cultural Centre brings the winner of the 2010 Chapman Tripp Theater Awards play “The Arrival”. Conceived ...
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Hong Kong stocks rise, with exporters gaining
MarketWatch
LOS ANGELES (MarketWatch) -- Hong Kong stocks gained ground early Wednesday, with exporters climbing after the Dow industrials and S&P 500 both closed at record highs overnight in the U.S. The Hang Seng Index (HK:HSI) advanced 0.3% to 22,438.88 ...
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Macau posts trade deficit of US$1.43 billion in January and February
Macauhub
Macau's balance of trade posted a deficit of 11.44 billion patacas (US$1.43 billion) in the first two months of the year, which was 16 percent greater compared too the deficit for the same period of 2012, the region's Statistics and Census Bureau (DSEC ...
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AL: Same-sex unions “not accepted in Chinese communities”, bill vetoed
Macau Daily Times
He said the Macau Civil Servants' Association (ATFPM) interviewed 568 people through random phone calls and 483 of them supported his bill. But the figures and explanation failed to convince other lawmakers. Lam Heong Sang even warned of “human ...
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“Le French May” with nine performances in Macau
Macau Daily Times
The event takes place from April 17th to June 23rd across the two SARs and was announced on Wednesday in Macau. “Le French May 2013” will present a selection of art and cultural programs containing about 50 performances, 18 exhibitions and 50 movie ...
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Mainland investments dwindle in February
Macau Business Daily
While it approved only seven new investments in the mainland by Macau enterprises in February this year, the combined value of those investments was US$30 million (240 million patacas), the same as the combined value of such investments approved a ...
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Manny Pacquiao to Fight Juan Manuel Marquez in US if Macau Deal Doesn't Get ...
Opposing Views
A few days earlier, Koncz told the Manila Bulletin that if his team couldn't get the Venetian Macau Resort Hotel for a fight, they would most likely cross Macau off the list of possible destinations. If that were happen, then the options would be down ...
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Opposing Views
UN calls for action on universal suffrage
Macau Business Daily
The United Nations' Human Rights Committee “regrets” that Macau has not yet pledged to institute universal suffrage to ensure the public's right to vote in “genuine” elections. The remarks are in response to the city's human rights report delivered by ...
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A fourth 'no' for trade union bill
Macau Business Daily
Legislator Kwan Tsui Hang, vice-president of the Macau Federation of Trade Unions, defended the bill, saying, “I want to clarify that the Basic Law has already given us the right for strikes and collective bargaining but this bill can give us better ...
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(H7N9 watch) Macau warns against poultry handling
Hong Kong Standard
The Health Bureau (SSM) said medical practitioners had been asked to notify the bureau when treating patients who exhibit symptoms of pneumonia, Macau Daily Post reported today. In a statement officials said the bureau has the ability to analyze any ...
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Today's market overview
Investors Chronicle
Macau Property Opportunities (MPO) says it has sold the Sky House penthouse in Macau for $19.4m, a 23 per cent uplift on the latest valuation. Buy. Parkmead Group (PMG) has reported a 48 per cent increase in revenues after acquiring producing oil ...
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AM Best Upgrades Ratings of China Taiping Insurance (Macau) Co., Ltd.
Bernama
KUALA LUMPUR, March 28 (Bernama-BUSINESS WIRE) -- A.M. Best Asia-Pacific Limited has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit rating to "a" from "a-" of China Taiping Insurance (Macau) Co., Ltd.
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Viloria, Estrada ready for title fight in Macau
Inquirer.net
Brian “The Hawaiian Punch” Viloria is all set to defend his World Boxing Organization (WBO) and World Boxing Association (WBA) flyweight crowns against Mexican challenger Juan “El “Gallo” Estrada on April 6 in Macau. Both champion and challenger are ...
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Macau March Gambling Revenue Rises 25.4% | Benzinga
By Monica Gerson
Gambling revenue in Macau climbed 25.4% in March, according to government data. Macau gambling revenue jumped to 31.34 billion patacas ($3.92 billion) in March, while full-year gambling revenue came in at $38 billion. (c) 2013 ...
Benzinga - Stock Market Quotes,...
Macau News - Policy secretary says Macau gaming industry ...
A free news service, based in Macau, in English and Simplified Chinese, providing news aboutMacau within a regional context. It´s part of the Media Group that ...
www.macaunews.com.mo/content/view/2138/45/lang,english/
BNI Macau Celebrates Its First Year > BNI > BNI - Business ...
Follow these simple instructions and you can have the latest BNI news displayed on your ... The first day of March saw the Macau Region celebrate its first year ...
www.bni.com/.../BNI-Macau-Celebrates-Its-First-Year.aspx
'Hawaiian Punch' vows all-out action in Macau | ABS-CBN News
MANILA Philippines – World flyweight champion Brian Viloria vowed to impress fight fans when he headlines the first major boxing card in Macau this weekend.
www.abs-cbnnews.com/.../hawaiian-punch-vows-all-out-actio...
Wynn Macau Fined for Releasing Customer Data in Fight With ...
Wynn Macau Ltd., the Asian unit of billionaire Steve Wynn's Las Vegas-based Wynn Resorts Ltd., was fined 20000 patacas ($2500) by Macau's privacy office for ...
www.bloomberg.com/.../wynn-macau-fined-for-releasing-cust...
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