Archive for September, 2009

Venetian Macao Expected to Recover from January Slump

The Venetian Macao, is expected to recover in February after a downturn in January caused by snow storms in China and a shake-up in the region's system for bringing in big-spending gamblers, the company said on Monday. The amount of money gambled by "mass market" customers fell to $273 million in January from $290 million in

Macau Like Las Vegas Minus the Fun

This weekend, as part of my alcohol-and-sleep-deprivation treatment program for my tonsillitis, I decided to take an all-night trip to Macau. I'm not sure where my mental image of Macau came from, but for whatever reason, I arrived in Macau expecting to find a high-class Las Vegas, a place that preserved the style and low-level

Stanley Ho Fighting Back in Macau

Macau is Stanley Ho territory and he is not about to let the Vegas bullies come in without a fight. The 85-year-old Asian billionaire will open a new casino in Macau on Sunday in an effort to strike back at American gaming moguls who invaded the Chinese territory after Ho's four-decade monopoly was broken up four

Macau Casino Employees and Salary Have Dropped

The gaming sector in Macau recorded a 3.6 percent year-on-year decrease in the number of employees in the first quarter of this year to a total of 43,975. [caption id="attachment_1058" align="alignnone" width="450" caption="City of Dreams. Mass Gaming Floor. Macau"][/caption] Average earnings in June 2009 (excluding bonuses and allowances) for full-time employees dropped by 2.0 percent year-on-year to

City of Dreams Has First Car Jackpot Winner

City of Dreams welcomed its first big winner, Mr. Kelvin Lim, of the Car Jackpot promotion yesterday who took away HKD800,000 (US$103,225) cash prize just three months after its opening. City of Dreams is an integrated entertainment resort that is the newest “must experience” destination in Macau and developed by Melco Crown Entertainment Limited, an entertainment

Macau Adding Up Big Gambling Debts

Not all bets lead to happy endings, and if anyone should know that it

James Packer Believes in VIP Gambling on Credit

James Packer believes that VIP gambling on credit will hit the jackpot. The sparkling bars and boutique stalls at James Packer's City of Dreams casino are deserted. The noodle bar, however, is doing a roaring trade, thanks to a permanent $1 deal. [caption id="attachment_1040" align="alignnone" width="400" caption="City of Dreams VIP Gaming Room"][/caption] The sprawling gaming room floors

Wynn Resorts Ups IPO Listing to US$1.6 billion

Wynn Resorts has raised the size of the initial public share offer in Hong Kong for its Macau unit by around 25 percent, according to Reuters, seeking to raise up to US$1.6 billion. Wynn Macau previously sought to raise up to US$1 billion, but after positive feedback from investors it has raised the offer and the

China Slowly Beginning to Relax Macau Visa Restrictions

China has quietly begun relaxing restrictions for its citizens from Guangdong traveling to Macau, leading to a strong showing for casinos so far this month and big hopes for October.Alarmed that some residents of Guangdong province were gambling too much in neighboring Macau, China last year imposed a new rule limiting them to two trips

Casino Marina Infante. Taipa

Casino Marina Infante is located a short distance from the Border Gate of the Lotus Bridge which locates to Hengqin Island in China. Is is within a 10 minute walking distance to the Cotai Strip, which makes it to an excellent day out for fun, shopping and excellent dining. It has got small gaming