Archive for May, 2008

Macau Overtakes Hong Kong's Visitors Intake

In the first quarter of the year Macau received 230,788 more visitors than Hong Kong, according to official figures from the Hong Kong tourist office obtained by Portuguese news agency Lusa. According to the same figures, between January and March 2008, Macau received 7,506,309 visitors as compared with 7,275,521 visitors to Hong Kong. The Hong Kong tourist

Grand Lisboa Spins Out Two Jackpot Winners

A lucky male visitor from Guangdong, China got a Royal Flush at the Caribbean Stud Poker during the week on the first floor of Grand Lisboa.Â His total jackpot winnings amounted to HK$2,120,780.Â This was the second jackpot at the Grand Lisboa in May with the total jackpot winnings amounting to over HK$3.1 million. "We are

Air Supply to Perform Again at Sands Macau Theatre

Air Supply will mark their second performance at the Sands Macau Theatre from Friday, June 6 to Sunday, June 8, having previously performed for local audiences last October. Air Supply members Russell Hitchcock and Graham Russell will be including Macau in their latest tour, being the first stop in Asia for what is billed as

Macau Casino News for April 2008

Bridge funding finalised After 25 years, approval has finally been given to a bridge linking Macau, Hong Kong and Zhuhai. In a recent agreement, the three governments agreed on financing for any shortfalls between construction costs and investment by the private developer who will build the bridge and have a 50-year right to operate the bridge

Macau is Fast Overtaking Hong Kong in Property Sector

Macau is fast overtaking its rival Hong Kong as the fastest-growing area for residential hotel and retail property prices. One of the largest projects is the US$2.1 billion City of Dreams being built by Leighton Asia, China State and John Holland, on behalf of the Melco PBL development company - owned by Lawrence Ho's Melco gambling

Dr Stanley Ho Still the Big Winner in Macau, Adelson Biggest Loser

Sociedade de Jogos de Macau (SJM), owned by Macau gaming magnate Stanley Ho in 2007 posted the biggest profit amongst gaming concession-holders in Macau, with total profit of US$230 million. According to accounts, published Wednesday in the Macau press, only MGM Grand Paradise and Melco PBL Gaming, in which Pansy Ho and Lawrence Ho, are, respectively,

Macau On Target For 30 Million Visitors in 2008

Macau received 7.5 million visitors in the first quarter of 2008, which was a rise of 17.9 percent against the same period of 2007. The number of visitors from mainland China was 4.38 million, which was a rise of 22.6 percent, while the number of visitors from Hong Kong and Southeast Asia rose 3.3 and 63.3