Macau air link to Phuket

October 17, 2017 by  
Filed under Aviation, News, Thailand

MACAU, 16 October 2017: AirAsia’s newest route will link Macau, Asia’s top gambling destination with Thailand’s holiday island Phuket.

Scheduled for launch 8 January, 2018, the service is already open for bookings with a special fare starting at at THB 1,590 per sector.

Bookings are open from now until -29 October for travel, 8 January through to 21 November 2018. Read more

No holding Ho back

October 5, 2017 by  
Filed under News, North Asia

HONG KONG, 5 October 2017: Casino magnate Lawrence Ho –  son of Macau gaming legend Stanley Ho –  is eyeing a major foray into Japan as he seeks to broaden his family’s reach beyond the world’s biggest gambling hub.

His father was credited with transforming Macau from a sleepy Portuguese outpost to a gaming boomtown boasting revenues surpassing Las Vegas.

With its myriad shimmering palaces to fortune and fantasy, the city is the only part of China where casino gambling is legal and has become a favourite haunt of mainland high rollers. Read more

Macau gambling is back

September 4, 2017 by  
Filed under East Asia, News

MACAU, 4 September 2017: Macau on Friday said gaming revenues rose more than 20% year-on-year in August, despite the city being hammered by Severe Typhoon Hato, which ripped through the city killing at least 10 people.

The destruction wrought by the typhoon and the government’s handling of it prompted the resignation of Macau’s weather chief, an apology from the city’s leader and the deployment of the People’s Liberation Army Macau garrison to help in relief efforts.

Hato plunged the city’s gambling resorts into darkness with slot machines and air-conditioning units turned off at some casinos despite backup generators, while some including the Grand Lisboa simply closed after power and water supply was cut. Read more

Fernandes to speak at PATA event

August 31, 2017 by  
Filed under Events, News

BANGKOK, 31 August 2017: AirAsia Group CEO, Tony Fernandes, will address the forthcoming PATA Youth Symposium in Macau SAR, hosted by the Institute for Tourism Studies (IFT), 13 September.

Organised by the Association’s Human Capital Development Committee, the Symposium adopts the theme  ‘Enabling Travel and Managing a Complex Future’.

PATA CEO Mario Hardy said: “The PATA Youth Symposium is a cornerstone of our commitment to the next generation of young tourism professionals. We are honoured that Tony Fernandes has agreed to address tomorrow’s tourism industry leaders.” Read more

Macau casinos blamed for late warning

August 30, 2017 by  
Filed under News, North Asia

MACAU, 30 August 2017: Macau graft busters have begun a probe into the city’s weather bureau over its handling of deadly Severe Typhoon Hato, amid reports that deference to the island’s gaming industry was behind delays to its storm warnings.

The destruction wrought by the typhoon, which killed at least 10 people, prompted the resignation of Macau’s weather chief, an apology from the city’s leader and the deployment of the People’s Liberation Army Macau garrison to help in relief efforts.

Reports said consideration for the city’s gambling industry played a role in delaying the storm warning over Hato, which hit the city last Wednesday and was believed to be the strongest storm in 53 years. Read more

Bets are back on in Macau

March 20, 2017 by  
Filed under News, North Asia

MACAU, 20 March 2017: The mood in Macau is buoyant once again. Gaming figures that tanked for more than two years after being hit by an ongoing Beijing corruption crackdown are up again, and the move towards mass market gamblers seems to have worked.

Semi-autonomous Macau is the only part of China where casino gambling is legal and a favourite haunt of mainland big spenders.

But after President Xi Jinping announced his war on graft in 2014, many stayed away from the enclave, which had gained a reputation as a money laundering centre for illicit cashflows out of China, with the crisis compounded by a growth slowdown on the mainland. Read more

Crown offloads Macau casino stake

December 16, 2016 by  
Filed under News, North Asia

SYDNEY, 16 December 2016: Australian mogul James Packer’s Crown Resorts on Thursday slashed its stake in a Macau joint venture and shelved plans for a Las Vegas casino in a scaling back of operations to cut debt.

The casino operator, which had 18 staff detained in China in October, also said it would scrap a proposal to spin off global assets.

Crown has been hurt by softening demand in Macau following a Chinese corruption crackdown and will sell 13.4% of Melco Crown Entertainment for AUD1.6 billion (USD1.2 billion) to joint-venture partner Melco International. Read more

Macau’s Parisian opens with high hopes

September 14, 2016 by  
Filed under News, North Asia

MACAU, 14 September 2016: Billionaire casino tycoon, Sheldon Adelson, predicted a revival for beleaguered Macau, Tuesday, as he launched his new Paris-themed mega resort, with the gambling enclave betting its fortunes on mass market tourists.

A corruption crackdown by Chinese President Xi Jinping and an economic slowdown since mid-2014 drove away many mainland high-rollers who had propped up the VIP sector in semi-autonomous Macau — the only part of China where it is legal to gamble.

The former Portuguese colony has struggled to recover its footing ever since as it comes under pressure from Beijing to diversify away from gambling. Read more

Parisian Macao readies for opening

September 9, 2016 by  
Filed under News, North Asia

MACAU, 9 September 2016: With the Parisian Macao set to open 13 September, Sands China Ltd held so called team rallies during the week at The Venetian® Macao for staff at the new integrated resort.

In total, over 6,000 team members attended the two rallies.

In preparation for the opening of the new integrated resort, 3,700 experienced local team members were transferred from Sands China properties to the Parisian’s opening team. Read more

Macau gambling recovers

September 2, 2016 by  
Filed under News, North Asia

HONG KONG, 2 September 2016: Macau’s monthly gaming revenues ended a more than two-year slump Thursday, rising for the first time in 26 months, helped by multiple mega-resorts launching in the casino enclave.

A corruption crackdown by Chinese president Xi Jinping and a slowdown in the economy since mid-2014 have led to a plunge in revenues in the Asian gambling capital.

China’s clampdown drove away many mainland high-rollers who had propped up the VIP sector in the former Portuguese colony, which is now under pressure from Beijing to diversify away from gambling. Read more

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