Entries Categorized as 'Macau Gaming'

Poker Machines Will Prevail in Macau Says Aristrocat

Date June 7, 2008

Poker machine maker Aristocrat Leisure has denied claims it faces a struggle to increase machine sales in because gamblers prefer to play the card game baccarat.

Speaking from Asia’s biggest gambling conference in 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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Macau Government Meets Casino Operators

Date 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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Macau Has Record 27 Million Visitor Arrivals for 2007

Date April 5, 2008

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 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 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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China Government to Clean Up Crime in Macau After Beijing Olympics

Date March 9, 2008

The activities of ’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 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 ’s (UM) department of government and public administration said yesterday.

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Macau Government Gaming Taxes Revenue Up by 30.9%

Date 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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Macau to Combat Online Crime and Pornography

Date February 17, 2008

The 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 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 . 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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Dr Stanley Ho’s to Start Marketing SJM Listing in Hong Kong

Date 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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Hong Kong Mothers Leave Kids at Home to Gamble in Macau

Date 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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