Archive for November, 2009

Cambodian casino seeks up to $77 mln in HK IPO-paper

HONG KONG, June 5 (Reuters) - Cambodian casino operator NagaCorp plans to raise between HK$400 million and HK$600 million (US$51-US$77 million) in a Hong Kong initial public offering to be launched this month, a newspaper reported on Monday. The listing hearing of NagaCorp was scheduled for this month, before a proposed share sale of casino mogul

Unemployment in Macau Down to 3.0%

Unemployment rate for August-October 2007 was 3.0%, down by 0.1 percentage point over the previous period (July-September 2007) or 0.6 percentage point year-on-year. The underemployment rate went up by 0.1 and 0.3 percentage point over the previous period and the same period of 2006 respectively to 1.2%. Total labour force was estimated at 318,400, with a

Macau Government Tourist Office appoints Gary Grimmer

An article about Macau Tourist Office The Macau Government Tourist Office (MGTO) has appointed experienced congress industry manager and consultant Gary Grimmer as adviser for the development of business tourism in Macau. Full article about Macau Tourist Office

RODOLFO AVILA preserved his fourth position in Ireland

June 28, 2006 | RodolfoAvila | Macanese racing prospect Rodolfo Avila preserved his National Class fourth position in weekend’s fourth round of the British F3 International Series at Mondello Park, Ireland The 2.17 miles of the Mondello Park Circuit, just 25 miles from the Irish capital Dublin are not easy for any driver and the double qualifying

Macau Success Raises Capital for Ponte 16 Casino Project

Macau Success Ltd said wholly owned unit Golden Sun Profits Ltd has agreed to sell about 10 pct of World Fortune Ltd's existing issued share capital to Japan's Maruhan Corp for 208.5 mln hkd. The sale also includes about 10.2 pct of the interest-free shareholder's loan of 66.47 mln hkd provided by Golden Sun to World

20th Macau International Music Festival | 6 October to 5 November 2006

An article about Macau Music Festival The 20th anniversary of the MIMF is celebrated with a touch of romanticism. Jazz, classical, electronica, Chinese folk-pop, rock and fado will fill Macau's autumn nights with magic. The eclectic programme of 28 performances promises to delight Macau audiences, accustomed to the festival's annual offering of some of the best

Grand Lisboa To Open On 11 February 2007 (Update)

Update - It has been confirmed by SJM that the Grand Lisboa will have their soft opening on February 11, 2007 just in time for the lucrative Chinese Year, which is from February 18-20, 2007. Only the lower floor where the casino is located will open to the public. Meanwhile construction on the hotel will

Winnie Ho to Sue Dr Stanley Ho Again

After been in hiding for a while, it looks like Winnie Ho is at it again! The founder of the Moon Valley Foundation sues STDM again, this time over the transfer of ownership of its bank. She argued that as more than 70% of the identity of the shareholders have not been verified since the shareholders’ register

Macau on Its Way to Major Exhibition City

MACAU -- (PRESS RELEASE) -- As the hotspot gaming city in the region, Macau is gradually becoming a major home to large-scale gaming exhibitions in Asia, but it still lags behind in M.I.C.E. support in holding such big events. Yet that gap is expected to be narrowed as Asian Gaming Expo returns to Macau, following

Galaxy Entertainment Sees 3Q Drop in Revenue

Galaxy Entertainment Group announced a third quarter drop in revenue for the company as a whole and for its flagship casino Galaxy StarWorld yesterday. Gross earnings at the StarWorld Casino Resort fell from HKD2,209 million in the second quarter to HKD,2096 in the three months to September 30 this year. The drop was reflected in the group