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Sands Cotai Central is Macau’s new kid on the block

Sands Cotai Central is Macau’s new kid on the block

Tweet Macau’s booming gaming industry got a shot in the arm on Wednesday after Las Vegas Sands Corp. opened its fourth casino there. Named the Sands Cotai Central, the USD…

Macau’s casino takings up 42% in 2011

Macau’s casino takings up 42% in 2011

Tweet Revenues from casino gambling in Macau went up by nearly half last year, a clear indication that gambling market continued to boom in the world’s top gambling spot, powered…

Dramatic falls seen in Macau real estate market

Dramatic falls seen in Macau real estate market

Tweet Figures released by Macau’s Statistics and Census Service (DSEC) on Thursday paint a grim picture of the country’s real estate market. According to the figures, the average price of transaction…

Macau’s October gambling revenue hits USD 3.4bn

Macau’s October gambling revenue hits USD 3.4bn

Tweet Macau raked in 26.9 billion patacas ($3.4 billion) as revenue from its vibrant gambling industry in the month of October. Figures from the Macau government presented on Tuesday indicated…

Galaxy Entertainment performance shows Macau is booming

Galaxy Entertainment performance shows Macau is booming

Tweet Macau casino operator Galaxy Entertainment Group has posted a 191 percent gain in EBITDA (Earnings before interest, tax, depreciation and amortization) for the third quarter. Gambling industry observers believe…