October 15, 2008Las Vegas Sands Corp might spin off billions of dollars of Macau retail assets into a property fund, but is under no pressure for a quick sale despite problems funding ambitious casino expansion, an executive said.
Posted in Cotai Strip, Las Vegas Sands, Macau Retail, Venetian Macao 
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October 14, 2008Wynn Resorts expects to report third quarter operating income that’s more than $30 million less than the same period a year ago, the company said today.
Posted in Las Vegas Casino, Macau Casino, Wynn Macau, Wynn Resorts No Comments »
October 10, 2008Las Vegas Sands Chairman Sheldon Adelson saw his net worth decline by $4 billion last month due to the slumping national economy; and that was before today’s nearly 679-point stock market meltdown.
Posted in Cotai Strip, Las Vegas Sands, Macau Casino, Macau Gaming, Sheldon Adelson, Venetian Macao No Comments »
October 2, 2008The Secretary for Economy and Finance, Mr Francis Tam Pak Yuen, said today he expected Macao’s Gross Domestic Product (GDP) to grow by about 10 per cent this year.
Posted in Economy & Business, Macau Business, Macau Government, Macau Investment No Comments »
September 25, 2008Macau Success Ltd, part owners of Ponte 16 Casino, shares were sharply lower after the company warned of a net loss for the year to September.
Posted in Macau Business, Macau Success, Sofitel Ponte 16 No Comments »
September 21, 2008Galaxy Entertainment Group Ltd., the Macau gambling operator part owned by Permira Advisers LLP, posted a wider first-half loss after writing down the value of its casino license.
Posted in Galaxy Entertainment, Galaxy Grand Waldo, Galaxy Mega Resort, Galaxy Star World No Comments »
September 18, 2008Amax Entertainment Holdings Limited announced that its partnership with Crown Macau to deliver VIP rolling chip volume (as defined below) through its indirect effective 80% interest in AMA International Limited remains solid.
Posted in Crown Macau, James Packer, Lawrence Ho, Macau Casino, Macau Gaming No Comments »
September 9, 2008The Mall at Macau’s Studio City, a two-level development slated for launch in 2011, has revealed a confirmed list of 23 luxury brand tenants - each of which has committed to opening flagship stores.
Posted in CapitaLand, Cotai Strip, Macau Retail, Macau Studio City, Tang Cotai No Comments »
