Connect to share and comment

Macau hosts Asia's largest gaming expo

Casino industry leaders met in the world's biggest gambling hub of Macau on Tuesday for the Global Gaming Expo Asia, a three-day fair of gambling innovations at the glitzy Venetian Macau hotel. The largest gaming event in Asia, showcasing the industry's latest products, services and technologies, opens to the public on Wednesday with machine companies focusing on Asian content.

Macau lawyer says broad daylight assault in Chinese gambling haven an attempt to intimidate

HONG KONG - A Macau lawyer assaulted in broad daylight in the Chinese gambling haven said Monday the attack was an attempt to intimidate him. Jorge Menezes said the two assailants used bricks to bash him on the head before fleeing in last week's attack, which recalled the former Portuguese colony's shady past when Chinese organized crime gangs known as "triads" fought for control of lucrative casino VIP rooms. Macau largely shed its reputation for triad violence as it grew into the world's biggest gambling market.

CORRECTED: Philippines opens bid to join global gambling elite

The Philippines makes its biggest bet this weekend in a high-stakes bid to join the world's elite gaming destinations, with the launch of a $1.2-billion casino on Manila Bay. Solaire Manila Resorts is the first of four enormous entertainment venues slated to rise over a giant chunk of prime, reclaimed land that industry and government leaders expect will attract millions of cashed-up Asian tourists.

Philippines opens bid to join global gambling elite

The Philippines makes its biggest bet this weekend in a high-stakes bid to join the world's elite gaming destinations, with the launch of a $1.2-billion casino on Manila Bay. Solaire Manila Resorts is the first of four enormous entertainment venues slated to rise over a giant chunk of prime, reclaimed land that industry and government leaders expect will attract millions of cashed-up Asian tourists.

Former Macau casino dealer gambles on years-long bike trip

By Farah Master Hong Kong, March 7 (Reuters) - Born in Macau, the world's largest gambling hub now awash with investment, Tyler Kuan could easily have been complacent about life. Instead, he wants to go to London and back - on a bicycle equipped with a fold-out tent and only a handful of funds.

SJM Holdings 2012 annual results up 27%

Casino operator SJM Holdings, owned by Hong Kong tycoon Stanley Ho, said Wednesday its annual net profit increased 27.1 percent last year thanks to its leading share in the Macau gaming market. SJM, in a filing to the Hong Kong stock exchange, said its net profit rose to a record HK$6.75 billion ($870.1 million) for calendar 2012 compared to HK$5.31 billion the previous year. Revenue rose by 4.5 percent to HK$78.88 billion from HK$75.51 billion in 2011, while its earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 10.1 percent to HK$7.631 billion.

Hong Kong shares close flat, but eke out weekly gain

HONG KONG, Feb 1 (Reuters) - Hong Kong shares eked out a gain for the week after an afternoon surge in the mainland Chinese market helped pare Friday losses rooted in how an official survey of manufacturing activity in China lagged expectations. The Hang Seng Index closed flat at 23,721.8 on Friday but inched up 0.6 percent on the week. The China Enterprises Index of the top Chinese listings in Hong Kong gained 0.7 percent on Friday and 1.8 percent this week.
Syndicate content