Section: Casino

Markets Live: Shares post flat start – Sydney Morning Herald

Markets Live: Shares post flat startSydney Morning Herald9.51am: Macau casino Melco Crown Entertainment, partly owned by Australian billionaire James Packer and Hong Kong businessman Lawrence Ho, posted a 560 per cent rise in fourth-quarter net profits to $US107.5 million ($100 million).and more »

Packer casino hits jackpot – Sydney Morning Herald

Packer casino hits jackpotSydney Morning HeraldThe joint venture between Packer's Crown and Lawrence Ho, the son of Macau casino tycoon Stanley Ho, reported this morning that December-quarter profit rose to $US107.5 million ($99.8 million) from $US16.3 million a year earlier.

Packer casino hits jackpot in Macau – Sydney Morning Herald

Sydney Morning HeraldPacker casino hits jackpot in MacauSydney Morning HeraldJames and Erica Packer at the ribbon-cutting ceremony for the City of Dreams casino in Macau. Photo: Reuters Billionaire James Packer may have missed out on the resources boom but a 560 per cent rise in fourth-quarter net profit from his Macau joint ...

Judge Rules Wynn Resorts Director May Be Entitled to Documents – Wall Street Journal

Judge Rules Wynn Resorts Director May Be Entitled to DocumentsWall Street JournalThe duel has revealed deep divisions in the global casino company and put a spotlight on how Wynn Resorts' money was used in the fast-growing gambling center of Macau. Mr. Wynn's donations have raised eyebrows among some Macau casino executives; ...Correction: Earns-Wynn Resorts-Summary Box

Wynn investor will have to wait on documents – Las Vegas Review – Journal

Wynn investor will have to wait on documentsLas Vegas Review - JournalOkada, also the company's largest shareholder through his Aruze USA Inc. at 19.7 percent, said the dispute arose over a $135 million contribution the company made to the University of Macau that he opposed. Wynn has countered in public pronouncement, ...Correction: Earns-Wynn Resorts-Summary Box

Casino’s new man linked to US inquiry – Sydney Morning Herald

Sydney Morning HeraldCasino's new man linked to US inquirySydney Morning HeraldTHE STAR casino is preparing to import a US gaming executive, Mark Brown, who until recently ran one of the world's largest casinos, the Sands Macau, whose parent company is embroiled in a corruption inquiry. Mr Brown, a former chief executive of the ...Sheldon Adelson

Macau casino Melco Crown rakes in 560% rise in Q4 profits – Reuters

The AgeMacau casino Melco Crown rakes in 560% rise in Q4 profitsReuters2011 Q4 $107.5 mln v 16.3 mln in 2010 * CEO expects gross gaming revenue between 15-20 pct, optimistic on 2012 * Macau Studio City awaiting construction permit * Junket commission wars unlikely-CEO By Farah Master HONG KONG, Feb 9 (Reuters) - Macau ...Melco

Melco Crown Entertainment Announces Unaudited Fourth Quarter 2011 Earnings – MarketWatch (press release)

Melco Crown Entertainment Announces Unaudited Fourth Quarter 2011 EarningsMarketWatch (press release)NEW YORK, Feb 9, 2012 (GlobeNewswire via COMTEX) -- Melco Crown Entertainment Limited (sehk:6883) /quotes/zigman/104187/quotes/nls/mpel MPEL +4.11% , a developer and owner of casino gaming and entertainment resort facilities focused on the Macau market ...and more »

Sheldon Adelson: The American behind Israel’s right wing – GlobalPost

FortuneSheldon Adelson: The American behind Israel's right wingGlobalPostSheldon Adelson, chief executive of the Las Vegas, at the Venetian Resort in Macau on Aug. 27, 2007. Adelson, an American, now owns the largest conservative newspaper in Israel and is a major backer of Republican presidential candidate Newt Gingrich.Meet With Sheldon Adelson, the Zionist Master of Newt

Crown Entertainment: Worth a Flutter – The Motley Fool

Crown Entertainment: Worth a FlutterThe Motley FoolIt counts among its assets the casinos in Melbourne and Perth, as well as one-third shareholding in Melco Crown Entertainment (Nasdaq: MPEL), which itself owns casinos in Macau, one of two special administrative regions of China (Hong Kong is the ...Melco Crown Entertainment Announces Unaudited Fourth Quarter 2011 EarningsMarketWatch