Entries Categorized as 'Macau Gaming'
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 No Comments »
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 No Comments »
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 No Comments »
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 No Comments »
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 No Comments »
January 6, 2008
The Macau Daily Times reported that Japan could soon follow in Macau’s footsteps by overhauling its strict gaming laws and aiming to lure rich Asian tourists to boost its economy if Japanese lawmakers approve a bill to legalise casinos in the country. Japan’s ruling party and the government are expected to begin talks this month on a proposal to legalise casinos, an adviser to the party said yesterday.
Read full story :: Japan to Legalize gambling>>
Posted in Asia Casinos, Macau Business, Macau Casino, Macau Gaming No Comments »
December 31, 2007
Institutional Investor Conferences announces the 3rd Annual Macau Investment Forum, to be held February 21-22, 2008 at the The Venetian Macau Resort Hotel. Following with tradition, the 2008 Forum will bring together global investors, issuers, and gaming and entertainment professionals with their Chinese counterparts.
This event will offer participants unique, interactive and in-depth discussions on Macau’s gaming and lodging industries, real estate sector and tertiary services by offering expert insight into the financial and legal implications of these developments.
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Posted in Macau Business, Macau Events, Macau Gaming, Macau Investment, Macau Property, Macau Real Estate, Macau Tourism No Comments »
