Entries Categorized as 'Macau Gaming'
June 7, 2008
Poker machine maker Aristocrat Leisure has denied claims it faces a struggle to increase machine sales in Macau because gamblers prefer to play the card game baccarat.
Speaking from Asia’s biggest gambling conference in Macau this week, chief executive Paul Oneile said gamblers visiting the former Portuguese enclave were acquiring a taste for machines and were expected to become regular players.
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Posted in Crown Macau, Macau Gaming, Venetian Macao, Wynn Macau
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May 24, 2008
The Secretary for Economy and Finance, Mr Francis Tam Pak Yuen, met with the management of six casino concessionaires to exchange views on the development of the industry.
Speaking to the press after the meeting, Mr Tam disclosed that the discussions were focused on the commission rate on VIP chips and the number of tables.
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Posted in Macau Casino, Macau Gaming, Macau Government, Social and Politics
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April 5, 2008
Macao registered a record high of 26,992,995 visitor arrivals in 2007, up by 23% over 2006; visitors from Mainland China and Hong Kong accounted for 55% and 30% of the total respectively. Mainland visitors travelled to Macao under the Individual Visit Scheme totalled 7,165,203, up by 24%. Visitor arrivals in package tours rose notably by 45% to 4,233,714.
In 2007, the number of Macao residents travelled in package tours dropped by 22% over 2006 to 212,107 and those travelled under individual arrangements using services provided by travel agencies increased by 4% to 386,927.
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Posted in Cotai Strip Hotels, Hotel Macau, Macau Business, Macau Casino, Macau Gaming, Macau General, Macau Tourism, Travel
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March 9, 2008
The activities of Macau’s gangsters, or triads are being kept in check by a plentiful market and the watchful eye of the Mainland government, according to a local university professor, reports Macau Daily Times.
Underworld figures that operate in casinos are being careful not to step out of line in fear of retribution from the Mainland government, Eilo Yu, assistant professor from the University of Macau’s (UM) department of government and public administration said yesterday.
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Posted in China, Economy, Macau Casino, Macau Gaming, Macau General, Macau Government, Macau News, Social and Politics
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February 25, 2008
The local government logged 3.962 billion patacas (US$495 million) in total revenue last month, up 37 percent year-on-year, the government said.
The latest statistics released by the government showed that a major share of the total revenue for January this year came from direct gaming taxes, which saw an increase of 30.9 percent year-on-year to 3.09 billion patacas (US$386 million).
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Posted in Economy & Business, Macau Business, Macau Casino, Macau Gaming, Macau General, Macau Government, Social and Politics
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February 17, 2008
The Macao SAR government is paying close attention to online crime and pornography and is studying a measure to deal with the issues.
Zhang Yongchun, director of the Justice Affairs Department of the Macau Special Administrative Region, disclosed to media that they would listen to the opinions of different parties and consummate two draft laws on cracking down on online crime and pornography. Zhang said that the recent spread of celebrities’ indecent photos in Hong Kong had caused wide attention in Macau. With the popularization of the Internet, especially with more students going online, it was urgent for them to make legislation for online crime.
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Posted in Macau Gaming, Macau General, Macau Government, Social and Politics
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January 9, 2008
Sociedade de Jogos de Macau (SJM), partly owned by gaming tycoon Stanley Ho, will start marketing in Hong Kong this week its planned initial public offering of up to 1 billion US dollars worth of shares. SJM plans to offer 1.25 billion new shares, representing about 25 percent of its enlarged share capital.
Deutsche Bank is managing the IPO. And of the shares on offer, 85 percent will be sold to institutional investors, 5 percent to employees and 10 percent to the public.
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Posted in Economy & Business, Macau Gaming, Macau General, STDM | SJM, Stanley Ho, Winnie Ho
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January 6, 2008
According to the report, the single mother told police she had left the boy alone on December 7 because “he was disobedient” and she “wanted him to learn how to cook, clean and look after himself.”
The 45-year-old mother then travelled to Macau to “relieve her boredom” by visiting casinos, the South China Morning Post reported.
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Posted in Macau Casino, Macau Gaming, Macau General, Social and Politics
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