Latest in: Macau

  • Família diz que Stanley Ho não está em perigo de vida

    Stanley Ho, fundador e antigo presidente executivo da Sociedade de Jogos de Macau (SJM), deu entrada no serviço de urgências do hospital de Hong Kong Sanatorium & Hospital na noite da passada sexta-feira, dia 8 de Fevereiro, na sequência de uma falência dos órgãos, avançou o jornal South China...
  • Sands employees get advanced problem gambling training

    Nearly 100 Sands China team members attended the company’s annual advanced responsible gaming training programme, which is the only one in Macau offered in coordination with the University of Nevada, Las Vegas. It is the sixth consecutive year that Sands China Ltd. has offered the advanced training, which supplements...
  • Macau clamps down on cryptocurrencies

    The Monetary Authority of Macau (AMCM) has issued guidance prohibiting financial institutions operating in the region from providing financial services to any businesses involved in virtual currency, citing concerns about money laundering and terrorist financing. In a statement citing an earlier press release the AMCM said that: “Bitcoin is...
  • Macau/Tufão: Grupo Sands China anuncia doação de 65 milhões de patacas

    O grupo Sands China, com casinos em Macau, anunciou hoje que vai doar 65 milhões de patacas para “os trabalhos a longo prazo de reconstrução e socorro”, na sequência da passagem pelo território do tufão Hato, na semana passada. A doação inclui 30 milhões de patacas (cerca de 3,12...
  • SJM Holdings revenue, earnings and profit all down in H1

    Bucking overall market trends, Macau casino operator SJM Holdings reported revenue, earnings and profit declines in the first half of 2017. Figures released Tuesday show the Hong Kong-listed SJM’s gaming revenue falling 2% year-on-year to HKD 20.4b ($2.6b) in the six months ending June 30, while adjusted earnings fell 7.7% to...
  • Govt warnings up on phone use at Macau casino tables

    The Macau authorities issued – during the period from May 9, 2016, to April 16 this year – a total of 71 verbal cautions to casino patrons for their alleged violation of an instruction banning use of telephones while at any of the city’s gaming tables, the city’s gaming regulator told GGRAsia...
  • House always wins: the dark side of life in Macau’s casino economy

    She paid a smuggler and was tucked into the hold of a ship for the overnight boat ride away from extreme poverty and a dead-end life in rural China. But on her way to a brighter future, Auyeung Lai-sung never made it past the kitchen of one of the...
  • China’s High Rollers Are Back at Macau’s Gaming Tables

    → Gambling hub expected to show seventh straight month of growth → Recovery threatened by property curbs, capital restrictions Chinese high rollers are pulling Macau out of its doldrums, helping reverse the gambling Mecca’s two-year slump with cash created by soaring real-estate values and busy factory floors. Revenue for some...
  • Macau confident about recovery but estimates “conservative” gambling revenue outlook

    The head of Macau’s government gave a conservative forecast for gambling revenue next year that’s 13 percent below analyst estimates amid a nascent recovery in the world’s biggest casino hub, Bloomberg reported. Macau’s government is confident the economy will recover to grow by low single-digits in 2017, Chief Executive...
  • Macau casino operator SJM posts worse than expected first half profit as high rollers stay away

    SJM Holdings, the Macau gaming operator owned by the family of legendary casino mogul Stanley Ho, posted a worse-than-expected net profit for the first half of the year as high rollers continue to shy away from the once-lucrative global gambling capital. Adjusted earnings before interest, taxes, depreciation and amortisation,...
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