Archive for October, 2007

Macau’s Hero Rodolfo Avila Ready to Tackle GP of Macau

Macanese F3 driver Rodolfo Avila has completed a successful test session with the HBR Motorsport team as part of his Formula 3 Macau Grand Prix race preparation. After some ups and downs during the International Formula Master first season Rodolfo Avila returned to the F3 cockpit last weekend in the Czech track of Brno. It was

Macau Second Ferry Terminal Opens

Macau’s second ferry terminal opened Tuesday due to a sharp increase in visitors and congestion at the existing terminal, the territory’s harbormaster’s office said Monday. The new terminal on Taipa Island is being built to receive boats with up to 1,200 passengers, while the existing facility can deal with boats with capacity for up to 400

First Asian Casino Affiliate Convention Coming to Macau

Ticonderoga Ventures, Inc. announces the 1st Asian Casino Affiliate Convention. It is scheduled for November 28-29, 2007 at the recently built Venetian Hotel & Casino in Macau, PR China. he Casino Affiliate Convention (www.CasinoAffiliateConvention.com) gathers both high revenue producing super affiliates as well as some of the most astute affiliate managers at one location. The event

Macau Hotel Occupancy Rates Continues to Rise

Macau hotel occupancy are up again, even though another 4,000 rooms came online. In light of the Summer holidays, the number of visitor arrivals in package tours reached 387,518 in August 2007, which surged by 65.6% year-on-year. Visitors from Mainland China (282,834), Hong Kong (29,954) and Taiwan, China (27,753) recorded remarkable growth of 58.6%, 166.1%

Hong Kong is Losing Tourists to Macau

Hong Kong won't build casinos to compete with neighbouring Macau, despite the challenge posed by the gambling mecca's rapid transformation into a tourism and convention hub, Hong Kong's leader said on Thursday. "The answer is no," said Chief Executive Donald Tsang when asked whether the city might construct its own casinos after a major push by

Galaxy Entertainment Has Sold 20% of It's Business to Permira

Galaxy Entertainment Group has sold 20% of its business to the private equity firm Permira for about US$840 million, as it wishes to take a stake in what is now the world's largest gambling arena. The equity firm has said it will be paying HK$6.5 billion for a 20 percent stake in Galaxy Casino's company, which

54th Grand Prix of Macau All Ready to Go

This year marks the Silver Anniversary of the Macau Formula 3 Grand Prix. Over the years the event has nurtured numerous world class racing drivers, focusing the attention of the international media on Macau and its Grand Prix. Today the Macau Grand Prix continues to develop with the Formula 3 Grand Prix, the FIA World

Luxury Car Show is Coming to Venetian Macao

Motor World Macau, a luxury and super-car show, will be held from 16 -18 November 2007 at the recently opened Venetian Macao Convention & Exhibition Centre. The show will take place simultaneously with the 54th Macau Grand Prix. Over 20 prestigious vehicle brands have already confirmed their participation and together these brands will showcase more

Macau Badminton Open Won By Chen Jin of China

All England champions Koo Kien Keat/Tan Boon Heong captured the Macau Open men's doubles title in sensational style after beating compatriots Choong Tan Fook/Lee Wan Wah 21-18, 17-21, 23-21 in a three-set thriller. Kien Keat-Boon Heong, who faced three match points in the third and deciding game against their in-form opponents, kept their cool and eventually

Interview With Jim Murren from MGM Mirage

Jim Murren's promotion to president and chief operating officer of MGM Mirage didn't get much attention when it occurred last summer. He started with the company as executive vice president and chief financial officer after a 14-year Wall Street career. In 1999, he was named president and chief financial officer, and he is a member of