Archive for March, 2008

Melco International Development Profit Falls 5%

Ahead of it's City of Dreams Topping-out Ceremony on 1 April 2008 at 12.10pm, comes the the news that casino operator Melco International Development Ltd. said Monday that its 2007 net profit fell 5 percent because of a one-off gain in the previous year. The Hong Kong-listed company said its net profit in the 12 months

Macau 2007 Growth Domestic Product Up By 27.3%

The world economy remained strong in the first three quarters of 2007, but the momentum tended to slowdown in the fourth quarter; however, the economy of Macau was not much affected due to the support from Mainland China. Driven by the rapid development of the gaming and tourism sector, investment surged substantially and local consumption

LVS wants to build more Cotai Strips

In his quest for global gaming domination, Sheldon Adelson discussed his desire to build more multi-billion dollar Cotai Strip like casino destinations around the world, but with one caveat - it has to be on his terms of NO TAXES. LVS’s argument to a potential hosting country would be that if LVS is risking an investment

Crown Macau: the new VIP king

Congratulations to the Crown Macau on its dramatic turnaround. The six-star hotel casino continues to gain market share, particularily in the high-end VIP segment. One Wall Street gaming analyst recently wrote: “Thanks to A-Max’s junkets, Melco PBL’s market share improved substantially from 5.7 per cent in November to 18.1 per cent in February, making Crown Macau

Macau Casino Employment Grows by 22.9%

At the end of the fourth quarter of 2007, there were 44,743 paid employees engaged in the Macau Gaming Industry, up by 22.9% year-on-year. Analyzed by occupation, 30,486 were engaging in positions that are directly related to betting services, such as hard and soft count clerks, cage cashiers, pit bosses, casino floorpersons, dealers, betting service

Is the Vegas Strip greener than the Cotai Strip?

Apparently the answer is yes. I thought this was a very interesting article, not just because of how eco-friendly Las Vegas is getting, but also because I have never seen or heard any of the Macau casino companies talking about building green casinos. I guess its good to be environmentally friendly and go green, but its

Crown Macau Turns VIP Tables Volume to Largest in the World

Hot on the heels of our precious invitation from Melco PBL to attend the City of Dreams Topping-out Ceremony on 1 April 2008 at 12.10pm, comes the surprising news about James Packerâ€™s Crown Macau enjoying a huge turn-around, making it the busiest casino in the world in terms of betting volume! Please tell me more!

Crown Macau Turns VIP Tables Volume to Largest in the World

Hot on the heels of our precious invitation from Melco PBL to attend the City of Dreams Topping-out Ceremony on 1 April 2008 at 12.10pm, comes the surprising news about James Packer’s Crown Macau enjoying a huge turn-around, making it the busiest casino in the world in terms of betting volume! Please tell me more!

Crown Macau Now Busiest Casino in the World!

Hot on the heels of our precious invitation from Melco PBL to attend the City of Dreams Topping-out Ceremony on 1 April 2008 at 12.10pm, comes the surprising news about James Packer's Crown Macau enjoying a huge turn-around, making it the busiest casino in the world in terms of betting volume! City of Dreams Complex According

Celine hits the Cotai Strip

It doesnt get any bigger than Celine Dion. She’s been entertaining Vegas at Caesars for years, and now she has finally hit Macau’s Cotai Strip at the one and only Venetian Macao. The afterparty was almost as good as the actual event, as you can see from this Destination Macau video.