Sands, DreamWorks strike Macau casino license deal
24 days ago
Sands China Ltd. is licensing DreamWorks Animation SKG Inc.'s stable of animated characters for use at the gambling company's resorts in the former Portuguese colony of Macau starting July 1.
Venetian Macau sues 2 gamblers over $4.5M in debts
119 days ago
U.S. billionaire Sheldon Adelson's flagship Macau casino is suing two mainland Chinese high-rollers over gambling debts worth millions.
China's Citic Telecom buys Macau phone company
130 days ago
Citic Telecom International Holdings Ltd. said Monday it would raise its stake in Telecommunicacoes de Macau from 20 percent to 99 percent.
News Summary: MGM China gets 2nd Macau casino
135 days ago
LUCKY LADY: MGM China is a joint venture between MGM Resorts and Pansy Ho, daughter of Macau casino kingpin Stanley Ho, who formerly held a monopoly on running casinos.
MGM China gets official OK for 2nd Macau casino
135 days ago
Macau's five other casino operators are also planning new projects or expanding existing ones on the Cotai Strip, a stretch of reclaimed swampland that is modeled on the Las Vegas Strip.
News Summary: Macau casino revenue to $38B n 2012
142 days ago
CHANCE ENCOUNTER: Analysts noted that a decline in Chinese high rollers, who account for two-thirds of Macau casino revenue, has been offset by growing numbers of middle-class Chinese.
Macau casino revenue in 2012 rose to $38 billion
142 days ago
Despite the moderating growth, casino operators have pushed ahead with expansion plans in Macau, where companies such as Las Vegas Sands Corp. and Wynn Resorts Ltd. earn the bulk of their profits.
Macau braces for notorious gang leader's release
175 days ago
The Asian gambling mecca of Macau is bracing for the release of a notorious organized crime boss who was at the center of the gangland violence that plagued the city in the late 1990s.
