Archive for November, 2007

American Politics and Stanley Ho Macau's Casino Tycoon

Nine days after registering his presidential exploratory committee last November, Rudolph Giuliani appeared in Singapore to help a Las Vegas developer make a pitch for a $3.5 billion casino resort. Though the bid ultimately failed, and there was nothing illegal about the involvement, it drew Giuliani into a complex partnership with the family of a

Stanley Ho Wants to Cancel Cotai Ferry Services

SJM’s Standley Ho urged the Government to terminate the contract with Cotai Waterjets which will operate ferry services between Macau and Hong Kong. His fourth wife, Legislator Leong On Kei (???) also asked the Secretary for the Economy and Finance Tam Pak Yuen (???) at the Legislative Assembly’s plenary session why the Government granted a licence

Stanley Ho's Daughter Josie Ho Is No Princess

Hong Kong actress Josie Ho is no princess. No wonder she's No. 8 on a Forbes list of 20 most intriguing billionaire heiresses. She is the only Chinese woman on the list comprising mostly Americans. Don't get the idea she is a boring princess. In fact, she calls herself the "little black sheep" of her family.

Stanley Ho Pays US$8.84 Million for Bronze Horse

This unique bronze horse’s head was designed to honor the zodiac fountain of the Summer Palace (Yuanmingyuan ) during the Qing dynasty. In 1860, it was pillaged by British and French troops from a water clock at Beijing. It has been purchased by the Macau casino mogul Stanley Ho. He paid $8.84 million to purchase the

Galaxy Grand Waldo to Host First Macau Poker Tournament

Among the questions that have been asked as poker becomes ever more global is this: "When is the game coming to China?" While the Chinese have a rich gambling tradition, poker itself had barely a toehold in the world's most populous country... until recently. With the first-ever PokerStars APPT Macau Asian Poker Open looming, here's

Melco PBL Releases Q3 Financial Results

Melco PBL Entertainment (Macau) Limited, a developer and owner of casino gaming and entertainment resort facilities focused exclusively on the Macau market, today reported financial results for the third quarter and nine months ended September 30, 2007. Lawrence Ho, Chief Executive Officer and Co-Chairman of Melco PBL Entertainment, commented, "The third quarter was a transitional

Macau Labour Force Increases by 11,300 More

In the third quarter of 2007, total labour force was estimated at 317,500, of which 307,700 were employed and 9,800 unemployed, representing increases of 11,300 in the employed population and 600 in the unemployed population over the previous quarter. Regarding the employed population, 53.1% were male. Analyzed by industry, the majority of the employed population were engaging

Macau Gaming Revenue Continuous to Soar

Total receipts and total expenditure of the Macau gaming sector amounted to US$ 7.25 billion and US$ 3.82 billion, up by 22% and 28% respectively over 2005. Gross value added, a measure of the sector’s contribution to the economy, rose by 22% to US$ 4.26 billion; gross fixed capital formation soared by 284% over 2005

Andy Priaulx Grabs His Third WTCC Championship in Macau

Under the watchful eyes of BMW motorsport director Dr Mario Theissen, Andy Priaulx clinched his third consecutive FIA World Touring Car Championship title in great style with victory in the second race at Macau on Sunday. Priaulx got away well from pole position, but it was title rival James Thompson who made the best start from

The Magnificent Grand Lisboa

I must say after seeing a few of the newer casinos again in Macau that the Grand Lisboa Casino is definitely the most beautiful looking casino, this is both inside and outside, in town. Behind a dropback of clear blue skies, this is a building to behold! Just seeing the sight of this building from many