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Macau Gambling Revenue Up An Amazing 57 Percent
The world’s largest gambling Mecca, Macau, continues to see profits rise at dramatic rates.
Submitted by Aaron Goldstein on Thu, 09/01/2011 - 10:03
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Stanley Ho Named in RICO Complaint
Macau casino maven Stanley Ho has been accused of “intentional corruption of a server containing accused database warrants terminating sanctions”.
Submitted by Aaron Goldstein on Thu, 08/18/2011 - 09:04
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Las Vegas Falls to Number 3 Behind Macau, Singapore of top Gambling Destinations
Las Vegas is now the number three gambling destination in the world, falling behind Macau and Singapore
Submitted by Aaron Goldstein on Tue, 06/07/2011 - 08:36
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Macau Says Gambling Revenue Surges 42 pct in May
Gambling revenue in Macau, the world's largest gaming market, jumped 42.4 percent in May to 24.3 billion patacas ($3 billion)
Submitted by Guest on Wed, 06/01/2011 - 21:01
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MGM China IPO at HK$15.34 per Share
It’s one of the hottest gambling markets out there and MGM China is smack in the middle.
Submitted by Aaron Goldstein on Thu, 05/26/2011 - 21:57
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Macau Casino Stocks May See Short Term Drop Second Half of 2011
Credit Suisse Group AG Hong-Kong-based analyst Gabriel Chan provided a less-than-optimistic outlook for Macau casino stocks
Submitted by Aaron Goldstein on Tue, 05/24/2011 - 12:36
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MGM China IPO Price at $3.6 Billion
MGM China is looking to raise between HK$9.4 billion and HK$11.7 billion (or $1.2 billion to $1.5 billion) in an initial public offering.
Submitted by Aaron Goldstein on Tue, 05/17/2011 - 21:06
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Galaxy Casino Opens in Macau: Price Tag $2 Billion
With a price tag of just $2 billion (that’s with a “b”), the extravagant Galaxy Casino opened in Macau, the world’s largest gambling Mecca.
Submitted by Aaron Goldstein on Sun, 05/15/2011 - 20:16
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For Las Vegas Sands, the House Edge is Geographical Diversity
A wider presence worldwide gives stability and strength to a company's top line. Case in point, the Las Vegas Sands.
Submitted by Guest on Sun, 05/15/2011 - 10:42
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Macau Casino Revenue up 44.6 Percent
Casino revenue in Macau, the world's biggest gaming market, rose 44.6 percent in April to 20.5 billion patacas ($2.56 billion).
Submitted by C Costigan on Tue, 05/03/2011 - 09:39
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Many Dead in Karachi Gambling Club Explosion
At least 16 people were killed and 40 others wounded after a bomb went off in one of Karachi, Pakistan’s largest gambling clubs Thursday night.
Submitted by Jagajeet Chiba on Thu, 04/21/2011 - 14:29
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Macau Gambling Revenue up 48 Percent in Month of March
Casino revenue in Macau, the world's biggest gaming market, rose 48 percent in March to 20.1 billion patacas ($2.51 billion), the Macau government said on Friday.
Submitted by Guest on Fri, 04/01/2011 - 10:40
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Ho Family Reaches Settlement Over Macau Gambling Empire
A weeks long feud over the Macau gambling empire of billionaire tycoon Stanley Ho has come to an end, at least for now.
Submitted by Aaron Goldstein on Thu, 03/10/2011 - 19:08
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Sands Las Vegas Under Investigation for Allegedly Taking Bribes
Shares in Sands Las Vegas were down 7 percent on news that the company is under investigation for allegedly taking bribes in Macau.
Submitted by Aaron Goldstein on Tue, 03/01/2011 - 13:28
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Ho No! The Stanley Ho Family Saga Continues
89-year-old Macau casino tycoon Stanley Ho filed a new lawsuit against various family members on Wednesday in an effort to keep control of his vast business empire.
Submitted by Aaron Goldstein on Wed, 02/16/2011 - 11:44
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Sumo Wrestlers Admit to Match Fixing: Japan Calls It “Act of Betrayal”
At least three serving sumo fighters have for the first time admitted fixing bouts, Japan's government said on Thursday, condemning an "act of betrayal" of an ancient sport that is now synonymous with scandal.
Submitted by Guest on Thu, 02/03/2011 - 11:00
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Australian And Asia Pacific Gambling Tycoon News: February 1, 2011
James Packer; Australian Gambling's Favorite Son and the Latest Stanley Ho News
Submitted by Greg Tingle on Tue, 02/01/2011 - 00:12
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Four Wives, Seventeen Children Involved in Ho Debacle
Just one day after announcing publicly that all was good in his family, the 89-year-old Macau casino magnate, Stanley Ho has filed suit claiming he got a raw deal.
Submitted by Aaron Goldstein on Fri, 01/28/2011 - 05:43
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Ho No, Not Again! Billionaire Casino Magnate Files Lawsuit
Billionaire casino magnate Stanley Ho files lawsuit against family members just one day after saying all was good.
Submitted by Aaron Goldstein on Thu, 01/27/2011 - 00:03
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Saga Is HO-VER: Stanley Ho Admits to Transfer of Stake in Casino Empire
The 89-year-old Macau casino magnate and Hong Kong’s 13th-richest man Stanley Ho has admitted to transferring his stake to family members as a means of ending infighting among siblings and his third wife.
Submitted by Aaron Goldstein on Wed, 01/26/2011 - 12:29
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Stanley Ho Wants Return of Monies
The 89-year-old Macau billionaire gambling mogul Stanley Ho is demanding return of funds he says family members obtained without his consent.
Submitted by Aaron Goldstein on Wed, 01/26/2011 - 03:12
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Stanley Ho Accuses Family of Stealing Gambling Assets
Macau gambling magnate, Stanley Ho, is accusing family members of gambling assets.
Submitted by Aaron Goldstein on Tue, 01/25/2011 - 13:12
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Stanley Ho Macau Casino Empire Stake Goes to Family
89-year-old Billionaire Stanley Ho transfers most of his stake in Macau gambling company to family members. Worth 13.4 billion HK dollars.
Submitted by Aaron Goldstein on Mon, 01/24/2011 - 15:59
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Macau Gambling Revenue Continues Unprecedented Rise Into 2011
Macau, the world’s biggest gambling destination, is anticipating a 49 percent rise in casino revenue this month according to analysts at CLSA Ltd.
Submitted by Aaron Goldstein on Mon, 01/17/2011 - 11:46
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Macau Gambling Revenue Surges to $23B in 2010
Macau's government says casino gambling revenue surged by more than half in 2010, solidifying its rank as the world's biggest gambling market.
Submitted by Guest on Mon, 01/03/2011 - 12:42
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