Yahoo Web Search

  1. Ads
    related to Macau
  1. Sort by

  1. Gambling revenue in the Chinese territory of Macau plummeted 39 percent in March, the 10th consecutive monthly fall, as high rollers steered clear of the world's biggest casino hub where the take is 7 times as much as in Las Vegas. The revenue drop is the second worst on record for the country's only legal gaming centre - a playground for government officials and executives of state-owned ...

  2. Macau is drafting new construction safety rules, officials said, after several workers died this month at casino sites amid a building boom in the world's largest gambling hub.

  3. Gambling revenue in the Chinese territory of Macau plummeted 39 percent in March, the 10th consecutive monthly fall, as high rollers steered clear of the world's biggest casino hub where the take is 7 times as much as in Las Vegas. The revenue drop is the second worst on record for the country's only legal gaming centre - a playground for government officials and executives of state-owned ...

  4. Macau casino revenue falls for 10th straight month

    AFP via Yahoo! NewsApr 01 7:30 AM

    Macau's casino revenue fell in March for the tenth straight month as China's corruption crackdown took a continuing toll on the city, figures showed Wednesday. Gross revenue from gambling for March this year was 21.49 billion patacas ($2.69 billion), according to figures from the former Portuguese colony's Gaming Inspection and Coordination Bureau. "We still expect the entire year to show ...

  5. Why Investors See Macau's 40% Casino Sales Drop as Good News

    Bloomberg via Yahoo! FinanceApr 01 9:19 AM

    Gross gambling revenue in the world’s largest gambling hub fell 39 percent to 21.5 billion patacas ($2.7 billion) last month -- the second-worst monthly decline on record -- according to data released Wednesday by Macau’s Gaming Inspection and Coordination Bureau. SJM Holdings Ltd. jumped 2.8 percent in Hong Kong trading, while Melco Crown Entertainment Ltd. and MGM China Holdings Ltd. each ...

  6. One of Macau's top casino junket operators, a Vietnamese investment group and Hong Kong property-to-jewellery conglomerate Chow Tai Fook Enterprises will team up to develop a $4 billion casino resort in Vietnam, companies involved in the project said. The resort, to be located in the central province of Quang Nam, is headed by Vietnam-based VinaCapital and will forge ahead despite a ban on ...

  7. Macau Cuts Gambling Forecast as City Moves Beyond Casinos

    Bloomberg via Yahoo! FinanceMar 24 9:20 AM

    The city expects average gross monthly gaming revenue of 20 billion patacas ($2.5 billion) this year, down from an earlier estimate of 27.5 billion patacas, Chief Executive Fernando Chui said Monday. Macau has entered an “adjustment” period of slower growth and needed to develop a broader range of attractions to draw tourists from around the world, he said. “We think this is pretty pessimistic ...

  8. High profile Chinese gamblers are fleeing Macau after Beijing’s crackdown on corruption, with other countries both in the region and beyond now benefitting from their fondness for a flutter.

  9. * Second-worst result on record * Analysts cautious on short-term outlook * Govt assessing casinos ahead of license review (Adds corruption, diversification context, shares) HONG KONG, April 1 (Reuters) - Gambling revenue in the Chinese territory of Macau plummeted 39 percent in March, the 10th consecutive monthly fall, as high rollers steered clear of the world's biggest casino hub where the ...

  10. Macau gambling revenue plunges 39 pct in March

    Reuters via Yahoo! FinanceApr 01 5:10 AM

    Gambling revenue in the Chinese territory of Macau plummeted 39 percent in March, the 10th consecutive monthly fall, as high rollers steered clear of the country's only legal casino hub. Revenue fell to ...

  1. Ads
    related to Macau
  1. 123452,678 results