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Narrow down your search by checking the following categories: News Results 1 - 10 of 12 for Macau
The week's headline gambling news, including news from the
casino capital of the world, another European country moves towards regulating
online gambling, and an exclusive interview with Lee Rousso in Seattle.
Casinos in Macau benefit from the government's decision to
hold licenses from now on. Giving a new meaning to lucky firsts.
Reports show that Macau the tiny Chinese territory, has fallen foul to a form of gambling fraud, which may have cost it up to 100 billion Hong Kong dollars (13 billion US dollars) over the last five years.
Stanley Ho and Hong Kong Shun-Tak Holdings are embarking on a new investment journey, in which they will spend $939 million on Macau land. The area is assigned to become the Nova Taipa Gardens/Nova City project, which is expected to bring in millions in revenues and increased tourism.
The company might be based in Las Vegas, Nevada, but its business crosses state and country borders. It is now about to cross the entire Pacific Ocean and reach destinations far away as Macau, the booming resort in Southeast China and Japan.
Las Vegas is one of the most famous cities in the world. The brick and mortar, land based casinos, some of which are modeled after the wonders of the world, such as the Pyramids, the New York City skyline, Venice and others, have come very close to passing the original sites in their fame.
How will the current development of Macau affect the online gambling industry? We think it will.
When you think about playing at a casino, you automatically think of Las Vegas, home of the ultimate casino experience.
Plans are already in the making as the Chinese territory is on its way to become the Asian gaming industry capital, a-la Las Vegas.
Macau's head senior manager, recently requested that his entourage sit down with Nevada's "watchdogs" to talk about assisting Macau with a new casino set of rules system.
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