Archive for January, 2008

Macau Real Estate Brokers to Be Regulated

The Macau government put its proposal for a law to regulate the real estate brokerage sector out to public consultation, which will require agents to be registered and to pass an examination. The Macau real estate sector has attracted real estate agencies from Hong Kong to Macau and led to the opening of several specialized companies,

Illegal Bookies are Milking Macauslot Revenues and Profits

Yearly more than six billion patacas (US$750 million) is gambled on illegal sports betting websites in Macau, estimates the head of the locally licensed sports betting agency. Granted a concession just prior to the 1998 football World Cup for organised betting on the sport, Sociedade de Lotarias e Apostas Mutuas de Macau, operating under the trademark

Hong Kong Hotels Raising Salaries to Stop Talent Drain to Macau

Hong Kong's hotel industry have decided to increase salaries by 4 to 5 percent in order to prevent the loss of talents, particularly to Macau. In the upcoming years, quite a few grand hotels will be established in Macau, whereby the increase of salaries by the Hong Kong hotel industry could be interpreted as

Ao Macau's Crooked Former Government Official Gets 27 Years Jail Term

The Chief Executive, Mr Edmund Ho Hau Wah, said he believed that the verdict passed today by the Court of Final Appeal on Ao Man Long, a former official, was just. This was the CE reaction to the news that Macau's highest-level official ever convicted of corruption was sentenced to 27 years in prison Wednesday for

Grand Lisboa Celebrates First Birthday with Its 3,300 Staff

The Grand Lisboa celebrated its first anniversary yesterday in a ceremony intended to thank its 3,300 staff. In fact three ceremonies were held throughout the day to allow all of the casino's shifts to attend. The casino opened on February 11 last year. During a speech the managing director of Sociedade de Jogos de Macau (SJM),

Sofitel Macau at Ponte 16 to Cater for Ponte 16 Casino Grand Opening

Our thanks go out to Phyllis from Sofitel Macau at Ponte 16 for sending us some great pictures of the hotel views and room. It is truly spectacular! She also mentioned that they will full support to the Ponte 16 Casino opening party on serving their guests for F&B as well as

Ponte 16 Casino Put To the Fire Test

Ponte 16, the casino hotel which will open its doors Friday, was put through its fire drill paces yesterday near San Ma Lo in the Inner Harbour. Some 500 staff members from the corporation and 50 fire brigade officers took part in the simulated fire incident and evacuation practice which occurred at 11:00am in a

Pansy Ho Ready to Take Over Father's Stanley Ho Billion Dollar Casino Empire

Sure, being the daughter of Macau's casino king has had its perks. But Pansy Ho -- gaming magnate, property tycoon, budding airline mogul and up-and-coming heir apparent to ageing father Stanley Ho's multi-billion-dollar gaming empire -- has perhaps had more to prove as a result of that kinship.Last month, Pansy Ho, 45, shot into the

Mocha Square

Mocha Square is a two story establishment of contemporary decor design at the heart of the hotel and tourist area of the city. The first floor features multi-players electronic gaming machines such as Baccarat, Roulette, Sic Bo, etc. Players can freely enter an exciting gaming with the electronic dealers. Popular slot machines can be found

SJM to Develop Six More Macau Casinos, Including Cotai Strip

SJM, which operates 18 of Macau's 28 casinos, has been trying to list it's IPO with aims to raise US$1 billion by selling a 25 percent stake. SJM, which once had a monopoly on Macau gambling, accounted for 42 percent of the territory's gaming revenue at the end of last year. This percentage is expected