Asia News - Page 15
Venetian, Palazzo barely an afterthought with Macau in the mix
1 May 2014
More than half of Las Vegas Sands’ quarterly revenue — $2.02 billion — came from its Macau resorts.
Driven by Macau, Las Vegas Sands Corp. earnings rise 36 percent25 April 2014
Chairman Sheldon Adelson said there is no reason to believe the market — China’s only legal gambling jurisdiction — will slow down any time soon.
Macau casinos again top $4 billion in monthly gaming revenues4 April 2014
Macau’s gaming market grew revenue 13.1 percent during March with $4.4 billion collected in gaming revenue, according to figures released Tuesday by the Gaming Inspection and Coordination Bureau.
Revenue from Macau casinos enriches industry billionaire19 March 2014
It makes sense that the region — the only location in China with casinos — is creating more gaming industry billionaires than Las Vegas.
Boyd Gaming displays interest in Japan casino6 March 2014
CEO Keith Smith used a fourth-quarter conference call Wednesday to express Boyd Gaming’s interest in the potential Japanese casino market.
Iao Kun Group Holding Company Limited announces Rolling Chip Turnover of US$1.73 Billion for February 20145 March 2014
Rolling Chip Turnover for February 2014 at the company’s VIP rooms in Macau was US$1.73 billion, up 34% year-over-year, compared to February 2013.
Celebration of new year helps Macau gaming revenue reach $4.8 billion in February4 March 2014
Casinos in Macau collected $4.8 billion from gamblers attracted to the market for the Chinese New Year celebration in February.
Macao sees revenue up 40 percent for Feb3 March 2014
February 2014 was a record month for Macau, with an astonishing 40 percent rise in revenue.
Nevada Supreme Court: Sands info can stay confidential28 February 2014
The state Supreme Court ruled Thursday that the Las Vegas Sands, headed by Sheldon Adelson, does not have to give confidential company information to Steven Jacobs, the fired former president of Sands Macau because the matter already was decided in district court.
Las Vegas Sands ready to move on Japan casino plan24 February 2014
Adelson says Las Vegas Sands are ready to invest in casino in Japan.
Singapore casinos produce $6 billion in gaming revenue in 2013; market still trails Las Vegas Strip24 February 2014
Both markets were far behind Macau, the world’s largest gaming destination, which produced a record $45.2 billion in gaming revenues last year.
Macau casinos report 7 percent increase in January, collect $3.6 billion6 February 2014
The Macau casino market ended 11 straight months of double-digit gaming revenue increases in January and recorded its lowest single-month growth rate since October 2012.
Wynn Resorts earnings top estimates; Macau revenues rise 25 percent3 February 2014
“The numbers as usual speak for themselves,” Steve Wynn, chairman and CEO of Wynn Resorts, told analysts in a conference call.
Revenue juggernaut: Las Vegas Sands' figures top Nevada, Atlantic City combined30 January 2014
Buoyed by a 28 percent increase in revenue from its Macau subsidiary during the fourth quarter, the casino operator grew profits by 32.8 percent companywide for the three-month period ended Dec. 31.
Casinos in Japan? Bet your last yen on it27 January 2014
Analysts and gaming leaders consider it a foregone conclusion that Japan, after years of toying with legalizing casinos, will finally approve a gaming bill this spring.
China: Bomb blast at illegal gambling den13 January 2014
A bomb exploded today killing 14 people at an illegal gambling den in China.
Wynn Macau appoints Gamal Aziz president8 January 2014
Steve Wynn will continue to serve as CEO and chairman of Wynn Macau.
Macau gambling revenue rises 18.6 percent to $45 billion in 20132 January 2014
Growth was slightly higher than the 13 to 17 percent estimates of six analysts.
Bally Technologies Titanic video slot game sweeps awards at Macao Gaming Show18 December 2013
Bally's Titanic video slot wins awards in four categories at Macao Gaming Show.
Private Philippine company rumored to be partnering with Okada18 December 2013
First Paramount Holdings are rumoured to be close to signing a partnership deal with Okada that would give stake in Manila Bay casino.
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