Gambling911.com - Asia

Macau Gambling Revenue Up An Amazing 57 Percent

Aaron Goldstein — Thu, 01 Sep 2011 15:03:22 +0000

The world’s largest gambling Mecca, Macau, continues to see profits rise at dramatic rates.

Stanley Ho Named in RICO Complaint

Aaron Goldstein — Thu, 18 Aug 2011 14:04:13 +0000

Macau casino maven Stanley Ho has been accused of “intentional corruption of a server containing accused database warrants terminating sanctions”.

Las Vegas Falls to Number 3 Behind Macau, Singapore of top Gambling Destinations

Aaron Goldstein — Tue, 07 Jun 2011 13:36:33 +0000

Las Vegas is now the number three gambling destination in the world, falling behind Macau and Singapore

Macau Says Gambling Revenue Surges 42 pct in May

Thu, 02 Jun 2011 02:01:32 +0000

Gambling revenue in Macau, the world's largest gaming market, jumped 42.4 percent in May to 24.3 billion patacas ($3 billion)

MGM China IPO at HK$15.34 per Share

Aaron Goldstein — Fri, 27 May 2011 02:57:34 +0000

It’s one of the hottest gambling markets out there and MGM China is smack in the middle.

Macau Casino Stocks May See Short Term Drop Second Half of 2011

Aaron Goldstein — Tue, 24 May 2011 17:36:32 +0000

Credit Suisse Group AG Hong-Kong-based analyst Gabriel Chan provided a less-than-optimistic outlook for Macau casino stocks

MGM China IPO Price at $3.6 Billion

Aaron Goldstein — Wed, 18 May 2011 02:06:24 +0000

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.

Galaxy Casino Opens in Macau: Price Tag $2 Billion

Aaron Goldstein — Mon, 16 May 2011 01:16:10 +0000

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.

For Las Vegas Sands, the House Edge is Geographical Diversity

Sun, 15 May 2011 15:42:16 +0000

A wider presence worldwide gives stability and strength to a company's top line. Case in point, the Las Vegas Sands.

Macau Casino Revenue up 44.6 Percent

C Costigan — Tue, 03 May 2011 14:39:59 +0000

Casino revenue in Macau, the world's biggest gaming market, rose 44.6 percent in April to 20.5 billion patacas ($2.56 billion).

Many Dead in Karachi Gambling Club Explosion

Jagajeet Chiba — Thu, 21 Apr 2011 19:29:18 +0000

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.

Macau Gambling Revenue up 48 Percent in Month of March

Fri, 01 Apr 2011 15:40:50 +0000

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.

Ho Family Reaches Settlement Over Macau Gambling Empire

Aaron Goldstein — Fri, 11 Mar 2011 00:08:34 +0000

A weeks long feud over the Macau gambling empire of billionaire tycoon Stanley Ho has come to an end, at least for now.

Sands Las Vegas Under Investigation for Allegedly Taking Bribes

Aaron Goldstein — Tue, 01 Mar 2011 18:28:34 +0000

Shares in Sands Las Vegas were down 7 percent on news that the company is under investigation for allegedly taking bribes in Macau.

Ho No! The Stanley Ho Family Saga Continues

Aaron Goldstein — Wed, 16 Feb 2011 16:44:11 +0000

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.

Sumo Wrestlers Admit to Match Fixing: Japan Calls It “Act of Betrayal”

Thu, 03 Feb 2011 16:00:28 +0000

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.

Australian And Asia Pacific Gambling Tycoon News: February 1, 2011

Greg Tingle — Tue, 01 Feb 2011 05:12:37 +0000

James Packer; Australian Gambling's Favorite Son and the Latest Stanley Ho News

Four Wives, Seventeen Children Involved in Ho Debacle

Aaron Goldstein — Fri, 28 Jan 2011 10:43:53 +0000

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.

Ho No, Not Again! Billionaire Casino Magnate Files Lawsuit

Aaron Goldstein — Thu, 27 Jan 2011 05:03:37 +0000

Billionaire casino magnate Stanley Ho files lawsuit against family members just one day after saying all was good.

Saga Is HO-VER: Stanley Ho Admits to Transfer of Stake in Casino Empire

Aaron Goldstein — Wed, 26 Jan 2011 17:29:12 +0000

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.

Stanley Ho Wants Return of Monies

Aaron Goldstein — Wed, 26 Jan 2011 08:12:08 +0000

The 89-year-old Macau billionaire gambling mogul Stanley Ho is demanding return of funds he says family members obtained without his consent.

Stanley Ho Accuses Family of Stealing Gambling Assets

Aaron Goldstein — Tue, 25 Jan 2011 18:12:31 +0000

Macau gambling magnate, Stanley Ho, is accusing family members of gambling assets.

Stanley Ho Macau Casino Empire Stake Goes to Family

Aaron Goldstein — Mon, 24 Jan 2011 20:59:37 +0000

89-year-old Billionaire Stanley Ho transfers most of his stake in Macau gambling company to family members. Worth 13.4 billion HK dollars.

Macau Gambling Revenue Continues Unprecedented Rise Into 2011

Aaron Goldstein — Mon, 17 Jan 2011 16:46:15 +0000

Macau, the world’s biggest gambling destination, is anticipating a 49 percent rise in casino revenue this month according to analysts at CLSA Ltd.

Macau Gambling Revenue Surges to $23B in 2010

Mon, 03 Jan 2011 17:42:53 +0000

Macau's government says casino gambling revenue surged by more than half in 2010, solidifying its rank as the world's biggest gambling market.