Archive for February, 2007

Virgin and Tabcorp Will Be a No Go

Australian Tabcorp Holdings is as they failed to reach a deal no longer talking with with Richard Branson's Virgin Group on plans to develop a US$3 billion casino in Macau. It is still understood that Virgin is still talking to other potential partners on plans to build and run a casino and resort development in Macau. Another

Macau Visitors Spending in 2006 Up By 6%

Information from the Statistics and Census Service indicated that per-capita spending of visitors amounted to MOP 1,670 in the fourth quarter of 2006, up by 6% year-on-year. Per-capita spending of Mainland visitors led with MOP 3,562, while that of Hong Kong visitors was MOP-970. Compared with the fourth quarter of 2005, per-capita spending of tourists

Tabcorp Pulls Out of Virgin Deal

Tabcorp Holding's, the Australian gambling firm said to be in talks with Richard Branson's Virgin Group regarding the possibility of a joint casino venture in Macau, have announced that talks have come to an end. Richard Branson and Tabcorp chief executive Matthew Slatter visited Macau last month to look at potential sites for a possible casino

The Turbulant History of Macau Studio City

Six years ago, they were going to build a film school on that piece of land in Cotai. Now, they're getting ready create a casino with a difference there. And maybe even a Playboy Club, too. Macao Studio City, a HK$16 billion(US$2.05 billion) synergy-saturated gaming, entertainment, retail and resort development is slated to open in early

Dr Stanley Ho Wants A Sydney Casino

Macau casino mogul Stanley Ho has become one of the biggest donors behind Australia's Labor Party, sparking talk of a new casino for Sydney. Ho has donated $109,000 to the ALP which contests the NSW state election next month. $48,000 of Ho's backing is to pay for the casino chief to have lunch with NSW Premier Morris

Macau Housing Numbers in 2006 Up by 15.4%

Information from the Statistics and Census Service showed that in the fourth quarter of 2006, construction of 25 buildings was started, with 2,923 units and 464,752 m^(2) in gross floor area, up 15.4% and down 20.9% respectively over the fourth quarter of 2005, and up 8.5 times and 1.6 times respectively in comparison with the

Macau's New Secretary for Transport and Public Works

The newly appointed Secretary for Transport and Public Works, Mr Lau Si Io, said he would perform his duties with integrity and enhance the transparency of public services in these areas. Meeting the press at the Government Headquarters, Mr Lau expressed his gratitude to the Central Government and the Special Administrative Regional Government for their faith

Macau News January 2007

Stanley Ho buys into Star Cruises Stanley Ho is reported to be forming an alliance with Star Cruises, the fast-expanding cruise and gaming company controlled by Malaysia's Genting Group. He will be invited to buy up to 10 per cent of Singapore-listed Star Cruises, for which he will give rights to build and operate a casino

Macau Fully Booked For Chinese New Year!

If you don't have a hotel booking as yet, you maybe in for a nasty surprise as the majority of the hotels have been fully booked out! [youtube]oZeGR236Vb4[/youtube] We wishing A Happy New Year 2007 to our readers, welcome to the the Year of the Pig (boar), which is also known by its former name of

Macao Government Expects Modest Gaming Revenue Growth

The Macao Government expects the city's gaming revenue to record a modest double digit growth this year, the Secretary for Economy and Finance, Mr Francis Tam Pak Yuen, said today. Speaking to the press at the spring festival reception hosted by the Liaison Officae of the Central Government, Mr Tam said it was difficult to forecast