Archive for August, 2006

Macau Casino Tussle Starting to Heat Up

Competition in the gambling industry in Macao is getting fierce, as the wrangle between local and foreign casino moguls has intensified.Those who cannot compete should stand down,” Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands Corp. in the United States, said here Monday at the topping-off ceremony for his Venetian Macao Resort

Loan-sharks busted in Macau

The Macao police have nabbed three suspects over casino loan-sharking charges, local media reported Wednesday. Macao Post Daily quoted police sources as saying that the police Monday captured the suspects at an apartment flat in the city’s Taipa area where they were found holding a mainland tourist under detention and threatening the victim over gambling debts. The

Melco PBL gets the go ahead in Macau

Finally Packer gets the all clear and go ahead in Macau. This was a long on-going inquiry as Stanley Ho was originally part of the venture. This of course all changed when Melco stepped in with Lawrence Ho who has no interest in Australian Gaming. Almost two years after revealing its Asian joint venture with Hong

Team USA gets a win at Macau Volleyball GP

Good luck to the US team, the managed to go home with a win after all. Meanwhile World women's volleyball powerhouse China defeated Dominica 3-1 here on Saturday at the Women's Volleyball Grand Prix in Macao China then got beaten by Brazil who stunned China with a straight-sets victory at the Macao leg of the 2006

China beat USA at Women's Vollyball Grand Prix in Macau

Well Olympic and World Cup champion are off to a good start!Full article by XINHUA - The United States, coached by China's volleyball legend Lang Ping, imposed great pressure on the Chinese team, as the Americans managed to claim the first game, 27-25.Technorati Tags: women's volleyball grand prix, macau

Venetian Macao books 26 Trade Shows

Las Vegas Sands must be on a roll in Macau, first having the largest casino in the world and now ranking up trade shows for its yet to open the Venetian Macao! There are big changes coming along for Macau! See full article at Hotel Travel News - In Macao, LVS has booked the Association of Surplus

Stanley Ho denies links to Hong Kong Lawyer Beating

Albert Ho, Winnie's Ho lawyer was beaten up as +/- 150 people watched. Well there is certainly something going on here, first Stanley Ho complaining that his Casino's are losing money. Then the murder of his Casino director and now the lawyer's beating up! Good story line for a block buster movie! Read full article by

Macao Unemployment drops in Q2

As Macau has about +/-10,000 people looking for a job, it is really a +/-1% drop in real terms. We should see these numbers drop further as the economy continous to grow and the Cotai Strip development start to open up, thus creating many new jobs for those who are looking for one. As reported by

Macau Visitors Arrivals up 15.4%

Macau continues the rising trend in visitors arrivals. Based on the latest figures some 58,000 visitors a day, up from 54,000 in June. This should bring the total of expected visitors to about 21 million visitors this year, impressive indeed. Macao recorded 12.22 million visitor arrivals in the first seven months of 2006, a year-on-year rise

Galaxy best for Macau casino high-rollers

I am not so sure about these comments, as last week Stanley Ho clearly stated that Sands Macau was taking the high-rollers away from his casino's. But then again the murder of his Golden Palace VIP executive this week, put again to the spotlight that his three Lisboa VIP gambling halls turn-overat least US$700 million