Ladbrokes Poised To Take Bets From China
15th August 2007

The British "High Street" bookmaker, Ladbrokes, is making headlines once again with plans to enter the lucrative Chinese sports betting market. This nearly exclusive deal for Ladbrokes follows other successful expansions into countries such as Italy, and with simultaneous expansion plans set for Spain and other locations.

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Genting Severs Ties To Stanley Ho
6th March 2007

Genting International announced earlier today that they will be removing all ties to Macau casino mogul, Stanley Ho, following concerns expressed by authorities in Singapore. As part of this effort, Star Cruises will be selling it's stake in the Singapore Casino Resort project to Genting, who will now own 100% of the property.

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Las Vegas Casino Mogul Defends China
2nd March 2007

Chairman and Chief Executive Officer of Las Vegas Sands Corp, Sheldon Adelson, spoke out against China's critics on Thursday. Adelson, one of the wealthiest men in America, stated that the Chinese are living a good life, and that the United States should not take on the position of being the world's police force.

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China To Crack Down On Net Gambling
26th February 2007

Officials of the Chinese Government have announced a new initiative to crack down on illegal internet gambling in the country's mainland. Although the activity is illegal in China, it enjoys widespread popularity in most areas of the country.

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Branson nixed in casino deal
20th February 2007

A proposed partnership between Britain's Virgin conglomerate and Australia's Tabcorp to open a casino in the southern Chinese boomtown Macau has collapsed, a report said on Tuesday.

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Korea's son of Kim lives high life in gambling paradise
2nd February 2007

CHINA has secretly harboured the eldest son of North Korean dictator Kim Jong-il in Macau for three years, despite the US-led crackdown on North Korea's finances in the former Portuguese colony, local reports say.

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Asian gambling stocks set records
2nd February 2007

Asian gambling stocks, industry laggards last year, are setting records as investors bet on new casino projects in Macao and Singapore.

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Branson betting on global gambling capital Macau with $4.3b complex
27th January 2007

Sir Richard Branson's Virgin Group is close to securing a 20-hectare site in Macau to build a US$3 billion ($4.3 billion) casino complex which could add to the city's rise as the world's gambling capital, a newspaper reported yesterday.

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Gambling in Macau outstrips Las Vegas in 2006
25th January 2007

Macau may have dethroned the Las Vegas Strip as the world's biggest casino center, according to figures available Wednesday that show the Chinese territory's gambling revenue jumped 22 percent to $6.95 billion last year.

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Macau gambling revenue jumps
24th January 2007

Macau may have dethroned the Las Vegas Strip as the world's biggest casino center, according to figures available Wednesday that show the Chinese territory's gambling revenue jumped 22 percent to US$6.95 billion last year.

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Macao morphs into a mecca for gambling
31st December 2006

Las Vegas casino operators have been setting up shop in the Chinese territory, and now Macao is poised to overtake Sin City itself.

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Wall St punts on Macau casinos
19th December 2006

WALL Street investors have found the golden touch of the Packer and Ho families to be irresistible, listing their Macau casino interests at the upper end of expectations.

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CRM Vendor Bets On Macau Gambling
14th December 2006

PacificNet Inc., a vendor of Customer Relationship Management (CRM), mobile internet, e-commerce and gambling technology in China, has announced it has acquired an additional six percent interest in PacificNet Games Limited (PacGames).

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MGM Mirage in talks to build hotels in China
13th December 2006

Hotel and casino company MGM Mirage Inc. (MGM.N) said on Wednesday it is in advanced talks with Diaoyutai State Guesthouse in Beijing to create a joint venture to develop non-gaming luxury hotels and resorts globally.

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Dynasty Gaming to Offer Mahjong to Chinese Gaming Market through JV with Betex
13th December 2006

Dynasty Gaming Inc. (TSXV: "DNY") today announced the signing of a Letter of Intent with U.K.-based Betex Group plc ("Betex") under which Betex and Dynasty will form a joint venture aimed at helping Dynasty become a gaming content provider in China. Betex is a company under the Chairmanship of Dr. Johnny Hon, who has established himself as one of the leading entrepreneurs helping Chinese companies to gain a foothold in the U.K. and assisting them in being listed on a U.K. exchange.

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Sibling rivalry halts Macao gambling IPO
13th December 2006

Winnie Ho, sister of the Macao gambling billionaire, Stanley Ho, said she offered to buy out his stake in the company that controls 16 of the 23 casinos in Macao to settle a legal dispute that has stalled a $1.9 billion public share sale.

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Macau? You bet: Casino lovers will also hit cultural, historical jackpot
2rd December 2006

MACAU - This tiny territory in southern China may be known as the “Vegas of the East,” but don’t let that nickname fool you. There are no fat Elvises, no Cirque du Soleil shows and no Celine Dion musical revues here - yet.

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Melco PBL Casino Venture Seeks $1.1 Billion in IPO
2nd December 2006

The Macau gaming venture of Melco International Development Ltd., run by the son of billionaire Stanley Ho, and James Packer's Publishing & Broadcasting Ltd., will raise as much as $1.1 billion selling new shares to fund its casino license purchase and hotel construction.

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Viva Macau! Asia's gambling capital
8th October 2006

The dice are rolling hot on the tables of what was once a sleepy Portuguese colony. With millions of mainland Chinese high rollers arriving every year, developers in Macau are racing to turn the former enclave into Asia's glittering gambling capital.

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A new type of treasure island rises
8th October 2006

Macao has a newfound Vegas-like glitz (22 casinos and counting -- and yes, there's a strip) that belies a deeper exotica born of Chinese-Portuguese roots.

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Macau Opens Its 2nd Casino in a Month
29th September 2006

Macau opened its second new casino in a month Friday, with the Grand Waldo Casino and Hotel celebrating its official start in the Chinese territory that may soon replace the Las Vegas Strip as the world's gambling epicenter.

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Betting notes value at 600,000 HKD seized in HK prison
25th September 2006

Hong Kong Stanley Prison security officers conducted a special search and found 76 suspected soccer betting notes, said the Hong Kong Correctional Services Department on Monday.

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Casino explosion is a job spinner
27th August 2006

MACAU'S DREAM OF becoming Asia's Las Vegas looks good on paper even before it materialises. The first of the new wave of resort casinos, Sheldon Adelson's Sands Macau is reportedly winning US$3million a day, or 3.5 times as much as the group earns from its flagship Venetian Casino Hotel Resort in Nevada. In all likelihood, Sands Macau has already paid for itself.

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Casino boom may roll across Asia
25th August 2006

"There could be as many as 10 'Las Vegases' in Asia," said Sheldon Adelson, chief executive officer of the US-based luxury casino operator. "Other countries will say: 'If it's good enough for wholesome Singapore, it's good enough for us."'

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Macao's casino taxes see year-on-year rise in first 7 months
22nd August 2006

The government of the Macao Special Administrative Region has collected 10.81 billion patacas (1.35 billion U.S. dollars) in direct gaming taxes in the first seven months of the year, a year-on-year rise of 13.7 percent.

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Bad old days return as Macau casino boss found murdered
21st August 2006

Casino haven Macau's violent past came back to haunt it over the weekend when the boss of one of the city's most lucrative gaming rooms was found brutally murdered, police said Sunday.

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Macau Gaming Co. set for IPO
2nd August 2006

Casino mogul Stanley Ho's Macau Gaming Co. is set to launch a US$1.9 billion (euro1.49 billion) initial public offering in Hong Kong after a Macau court declined his sister's request to block the IPO, a newspaper reported Wednesday.

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China police step up gambling fight
28th July 2006 - UPI

China's Ministry of Public Security announced Friday that police in the country will step up the fight against illegal gambling.

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Growth of gaming industry a boon to real estate
26th July 2006 - Sabah Daily Express

Real estate development is the main beneficiary of phenomenal growth in Asia's gaming industry and overall economic growth has followed, a property expert said Tuesday.

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Banks to fund `water casino'
26th July 2006 - The Standard

The gaming venture between Hong Kong's Melco International Development and Australia's Publishing & Broadcasting has hired four banks to fund an underwater casino resort in Macau, said bankers involved.

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Las Vegas Sands to invest US$8b in Macau casinos
24th July 2006 - Channel News Asia

Las Vegas Sands will double its investment in casinos in Macau, spending more than eight billion dollars there and on a neighbouring island over the next four to six years, a report said Monday.

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Legalize gambling, Peking University professor suggests
20th July 2006 - Taipei Times

A Chinese academic has called for legalizing gambling to cash in on some of the 700 billion yuan (US$87.5 billion) lost through illegal channels each year, the official Xinhua news agency reported.

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Macao Not to Allow Import of Casino Croupiers
20th July 2006 - China.org

The government of the Macao Special Administrative Region has no plan to allow the import of casino croupiers, local media reported Monday.

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China loses USD 75 b annually in online gambling
17th July 2006 - Kerala News

Beijing: Online gambling, though illegal, has become such a fad in China that authorities have been forced to launch repeated crackdowns to stem the outflow of nearly USD 75 billion in such activities every year.

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Macau's casino taxes see year-on-year rise in first 5 months
16th June 2006 - Xinhua News

The government of the Macau Special Administrative Region has collected 7.7 billion patacas (US$963 million) in direct gaming taxes in the first five months, a year-on-year rise of 17.4 percent.

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Macau Casino Boom May Push Luxury Home Prices Up 30% in a Year
30th June 2005 - Bloomberg

Cosco Property Development Ltd. has 1,800 people on the waiting list to buy apartments in a planned condominium in Macau, China's gambling capital. Problem is, the building will only have 56 units.

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Genting looks beyond gaming
24th June 2005 - Business Day

Genting, Asia’s biggest publicly traded casino group, says its GP China unit will spend ŕ71m to buy four power plants in China from El Paso, which is the owner of the largest US network of natural-gas pipelines.

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Electronic Game Card Widens Focus to $6 Billion Far East Casino Market
9th June 2005 - News Wire

Electronic Game Card, Inc (EGMI), the US rewards based games company, today signalled that it is to enter the Far East casino market by confirming it will be attending the Macau Asian Gaming Expo, 14-15th June and the Asian Casino Expo in Singapore 21-23rd June 2005.

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Int'l hands to play more in Macao's casino boom
4th June 2005 - China Economic Net

When MGM Mirage, a US-based hotel and casino company, broke its first ground here on Wednesday, it seemed that more and more international hands are seeking plays in Macao's casino boom.

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Grand Casino Work Begins
1st June 2005 - China Daily

MGM Grand Paradise Ltd, a joint venture between Macao casino-owner Pansy Ho and world gambling giant MGM Mirage, yesterday launched the construction of MGM Grand Macao, a grand casino resort.

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GREEK MYTHOLOGY CASINO Net Income of MOP234 Million in First 4 Months of Operation
30th May 2005 - Newswire

Leading Macau gaming and entertainment group Greek Mythology Casino today reported strong performance for its new casino in Macau since its opening on December 23, 2004. In the first 4 months of 2005, Greek Mythology Casino registered net gaming income of over MOP234 million (net of gambling taxes of about 40 percent and concessions paid).

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Macau's revenue from gaming taxes rises 23 percent
19th May 2005 - East Day

China's Macau Special Administrative Region has seen a 23 percent increase of revenue from gaming taxes during the first four months over the same period last year, local media reported Thursday.

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Macau Cashes In With Underwater Casino
19th May 2005 - Daily Mail

An underwater casino is planned for Macau as part of a $1billion casino resort, the latest in a flood of gaming and tourism-related investments in the former Portuguese colony.

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Las Vegas Sands Corp. Expands Macao Management Team
19th May 2005 - News Wire

Las Vegas Sands Corp. (LVS), and its subsidiary Venetian Macau Limited (VML), announced today that Wolfram Diener will join the organization in June 2005 as vice president of convention and exhibition for the convention and expo center being built at The Venetian Macao Resort Hotel Casino on the Cotai Strip(TM). Mr. Diener will also be responsible for trade show operations for the company in Macao.

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Investors Back PBL Plans
14th May 2005 - News.com.au

PLANS by Kerry Packer's Publishing & Broadcasting Ltd to build a new mega-casino in Macau have received strong support despite a lack of detail leading to varying estimates on the cost to PBL.

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Macau's Greek Mythology Casino Reveals Its Expansion Plan
13th May 2005 - Newswire

Mr Michael K.M. Chan, Vice President of Greek Mythology (Macau) Entertainment Group Corporation Limited was interviewed by The Standard recently to discuss the business performance and development plan of the newly opened Greek Mythology Casino. The following is the abstract of the interview:

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Melco and PBL plan new Macau casino resort
13th May 2005 - Stuff.co.nz

Leisure and entertainment firm Melco International Development and Kerry Packer's Publishing & Broadcasting plan to team up to build a new casino in Macau, PBL said yesterday.

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PBL dives for casinos
13th May 2005 - The Courier Mail

PUBLISHING & Broadcasting Ltd has unveiled plans to develop its biggest casino to date - complete with an underwater gaming hall - with its Asian joint venture gaming partner in Macau.

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Wynn Resorts Announces Macau Expansion
4th May 2005 - News Wire

Wynn Resorts, Limited (WYNN) announced today preliminary plans for the expansion of its Wynn Macau resort, currently under construction in the Macau Special Administrative Region of the People's Republic of China.

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Melco lays bet on more low-end casinos
1st May 2005 - China Daily

Hong Kong-listed leisure and entertainment firm Melco International plans to invest up to 90 million pataca in more low-end gaming lounges of Macao this year, Managing Director Lawrence Ho said yesterday.

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MGM MIRAGE Announces Grant of Macau Subconcession to Its Joint Venture With Pansy Ho Chiu-king
19th Apr 2005 - Newswire

MGM MIRAGE (MGG) announced today that its joint venture partnership with Pansy Ho Chiu-king has been granted a subconcession which allows the partnership to develop and operate hotel and casino resorts in Macau. The subconcession has been approved by the government of Macau S.A.R.

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Business in Asia -- April 19, 2005
19th Apr 2005 - Newswire

A round-up of Asian stock markets prepared by Asia Pulse, the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

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HK tycoon to create Macau casino firm
18th Apr 2005 - News Wire

Hong Kong tycoon Lui Che-woo plans to turn his K. Wah Construction Materials Ltd. into Hong Kong's first publicly traded casino operator by selling a Macau venture to the company for HK$18.4 billion ($2.4 billion), according to a published report Tuesday.

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China Direct Trading Corp. to Introduce New Poker Spinner Card Keeper at Upcoming Trade Show in Hong Kong
13th Apr 2005 - Newswire

China Direct Trading Corporation's (CHDT) subsidiary Souvenir Direct Inc. (SDI) will be exhibiting at the annual Hong Kong Trade Counsel's gift fair from April 27th to May 1st. The show is one of the largest in the world drawing 75,000 buyers from over 50 countries. CHDT will exhibit in the Grand Hall in Booth number 5P 11.

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Jockey Club Tax Reform No Sure Bet For Approval
7th Apr 2005 - The Standard

The Hong Kong Jockey Club's hopes for tax reforms were dealt a heavy blow when a top government official said there is no need to change the way it collects money from horse racing.

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High standards: Steelman impresses Asian officials with speed, quality of Sands Macau
5th Apr 2005 - Las Vegas Sun

Paul Steelman knew that his work in Macau set new standards for the Chinese market when local officials began using his progress to measure the pace of construction projects.

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