Archive for March, 2007

NBA is Coming to Venetian Macau

Las Vegas Sands Corp., parent company of The Venetian Macao Resort Hotel, the National Basketball Association and the Chinese Basketball Association announced today that The Venetian Macao will serve as the host of the first NBA event to be played in Macao. NBA China Games 2007 will feature the Orlando Magic playing the China Men's

Jones Lang LaSalle Expects Strong Macau Property Growth

Underpinned by sustained property demand amid the strong economic growth, the Macau property market continued to grow in 2006. Both the office and residential markets registered growth in capital values and rentals, while the retail property sector is taking shape to a more sophisticated landscape, says Jones Lang LaSalle at its Macau Annual Property Review

CE Edmond Ho to Visit Thailand

The Chief Executive of the Macau Special Administrative Region will be visiting Thailand in order to strengthen relations and foster cooperation in trade, investment, tourism, and labor. The Director General of the Department of Information, Mr. Trit Jarungwattana, revealed that the Chief Executive of the Macau Special Administrative Region, Mr. Edmund Ho Hau-wah, will be conducting

A Little Catch-Up With Steve Wynn

Six months ago I witnessed Stanley Ho announce a deal to partner with Steve Wynn on the Hong Kong airport-to-Macau helicopter concession. During the Wynn Macau preopening banquet, Ho stood up in front of the assembled dignitaries and made a big deal out of the supposed partnership. I recently saw a Macau news report that Ho was

February Vistor Arrivals Up By 22.3%

The number of visitor arrivals totalled 2,169,489 in February 2007, representing a notable year-on-year increase of 22.3%. As the Chinese New Year fell in February this year, visitors from Mainland China and Hong Kong registered remarkable growth of 23.1% and 24.1% respectively, whereas those from Taiwan, China dropped slightly by 1.8%. Meanwhile, same-day visitors accounted

Macau Tourist Office Visits Russia

Macau Government Tourist Office (MGTO) Director Joa~o Manuel Costa Antunes led a delegation to take part in the Intourmarket (ITM) -- 2007 held in Moscow as an initiative to explore the Russian market. During the visit to Russia, MGTO is invited by China National Tourism Administration (CNTA) to join the "China Tourism Night", a prologue

All That Gold That Glitters in Macau, Ho's is Still in The Money

As the news has come through that Pansy Ho was formally cleared by the Nevada gaming authorities, this interesting and quite revealing report about Pansy and Stanley Ho was published by Burke Hansen an Attorney at large in San Fransisco. The prohibitionist cult in America that has wreaked havoc on foreign gambling companies recently turned its

Visitor Arrivals in 2006 Up by 18% Over 2005

The total number of visitor arrivals in 2006 increased 18% over 2005 to a new record of 21,998,122; visitors from Mainland China and Hong Kong accounted for 55% and 32% of the total respectively. Mainland visitors travelled to Macao under the Individual Visit Scheme totalled 5,905,477, up by 11%. Visitor arrivals in package tours also

Macau Gamining Revenue to Reach US$12.5 Billion by 2010

Macau's position as the gaming and gambling capital of the world is expected to be consolidated with gross revenues reaching 100 million patacas (US$12.5 billion) at the end of the decade, according to Macau Magazine's latest edition. The magazine, which is owned by the Macau government, said in an article entitled "Geography of Gaming," that Macau's

Galaxy Entertainment Media Dinner

Galaxy Entertainment Group held the 2007 Media Dinner at StarWorld Hotel to express their gratitude to the media for their continuous support. The dinner was attended by Vice-Chairman of Galaxy, Francis Lui, and part of the management team. Sincere gratitude to the media, Galaxy achieved rapid development and excellent results Galaxy arranged 10 tables for its