Tag Archive

SJM Scraps Plan to Buy Hotel Lisboa as Macau Gambling Slows (Bloomberg)

March 20, 2009 | TRAVEL

March 20 (Bloomberg) — SJM Holdings Ltd., controlled by Macau casino tycoon Stanley Ho , scrapped an HK$4.7 billion ($606 million) plan to buy the Hotel Lisboa and a development site in the city from its parent because of the financial crisis. (read more…)
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PokerStars Macau At the Grand Lisboa to Launch On March 19, 2009 (GlobeNewswire via Yahoo! Finance)

March 17, 2009 | TRAVEL

MACAU, March 17, 2009 — PokerStars, the world’s largest poker company, is pleased to announce the grand opening of the new “PokerStars Macau at the Grand Lisboa” live poker room at the Grand Lisboa Casino on 19 March 2009. Located on the 2nd floor of the famous Grand Lisboa in the heart of Macau,...
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Las Vegas Sands Denies Media Report It May Sell Macau License (Bloomberg)

March 12, 2009 | TRAVEL

March 12 (Bloomberg) — Las Vegas Sands Corp. , the casino operator controlled by billionaire Sheldon Adelson , denied a Hong Kong newspaper report that it may sell its gambling license in Macau. (read more…)
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Las Vegas Sands’s Weidner Leaves Conflicts With Adelson Behind (Bloomberg)

March 10, 2009 | TRAVEL

March 10 (Bloomberg) — William Weidner said he quit as Las Vegas Sands Corp. ’s president and chief operating officer March 8, leaving behind the “junkyard” fights he had with Sheldon Adelson , the casino company’s majority owner. (read more…)
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Sands casino leader replaced (The Morning Call)

March 10, 2009 | TRAVEL

No reason given, but previous filing noted internal conflict. No reason given, but previous filing noted internal conflict. (read more…)
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Macau Gambling Empress Holds Strong (Online Casino Reports)

February 28, 2009 | TRAVEL

As the global economic crisis worsens, Macau investors and policy-makers are expending strenuous efforts to deal with dropping profit lines and tourist numbers. (read more…)
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Las Vegas Sands to contest ban on Macau ferry (Reuters via Yahoo! Malaysia News)

February 27, 2009 | TRAVEL

LOS ANGELES, Feb 25 (Reuters) – Las Vegas Sands Corp planned to appeal a court ruling that voided the casino operator’s license to operate a ferry service between Hong Kong and the Chinese gambling enclave of Macau, it said on Wednesday. (read more…)
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Macau passes security laws that Hong Kong rejected (The Star)

February 26, 2009 | OPPORTUNITY

HONG KONG (Reuters) – Legislators in China’s gambling haven of Macau passed a controversial national security bill on Wednesday, despite criticism they would curb civil liberties as the once-booming casino sector reels from the economic downturn. (more…)
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Macau votes on security laws that Hong Kong rejected (The Star)

February 26, 2009 | OPPORTUNITY

HONG KONG (Reuters) – China’s gambling haven of Macau is poised to pass controversial national security laws, despite criticism they would curb civil liberties as the once-booming casino sector reels from the economic downturn. (more…)
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Melco Crown Rises as Loss Narrows, VIP Gambling Climbs in Macau (Bloomberg)

February 24, 2009 | TRAVEL

Feb. 24 (Bloomberg) — Melco Crown Entertainment Ltd. , a casino venture between Australia’s richest man and gambling billionaire Stanley Ho ’s son, rose the most in almost four months in Nasdaq trading after posting a narrower loss and saying China may ease limits on travel to Macau. (read more…)
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