GGRAsia – Macau

No deadline for UnionPay devices in casinos: Macau govt

May 18, 2014 Newsdesk Latest News, Macau, Top of the deck

Macau’s Secretary for Economy and Finance Francis Tam Pak Yuen (pictured) says the government hasn’t set a deadline to restrict the use of China UnionPay swipe card devices inside casinos. “I...

Asia ‘critically important’ to LVS: Tracy

May 18, 2014 Newsdesk Interviews, Latest News, Macau

Las Vegas Sands Corp, the first Las Vegas-based operator to open a casino in Macau, had to go through a learning process to understand the unique characteristics of the Asian market, says Sands China...

Full smoking ban may hit Macau premium mass

May 16, 2014 Newsdesk Latest News, Macau, Top of the deck

All mass market casino floors in Macau must go smoke-free starting from October 6, a move that may impact the so-called premium mass segment. A full smoking ban will be implemented after October’s...

The seed of Cotai

May 16, 2014 Newsdesk Latest News, Macau

Sands Macao was “the seed” for the current gaming boom in Cotai, says the chief executive of Sands China Ltd, Edward Tracy. Mr Tracy’s comments were made today during the official celebrations...

‘I predicted our success’: Sheldon Adelson

May 16, 2014 Newsdesk Latest News, Macau

Las Vegas Sands Corp chairman and chief executive Sheldon Adelson says the opening of Sands Macao played an essential role in the development of the gaming industry in Macau. “The ‘Sands...

EU warns Macau on human resources

May 16, 2014 Newsdesk Latest News, Macau, Top of the deck

The European Union (EU) has praised the economic development of Macau but warned that the territory has failed in diversifying its economic structure and is struggling to find workers for all the...

The Sands effect

May 16, 2014 Newsdesk Latest News, Macau

A new chapter of Macau’s gaming industry – and of the city’s growth story – began 10 years ago, when the first Las Vegas-style casino opened for business. Sands Macao was the first casino...

Full mass market smoking ban in Macau from Oct 6

May 15, 2014 Newsdesk Latest News, Macau, Top of the deck

A full smoking ban in all mass market casino floors in Macau will be implemented from October 6, the government announced this evening. Until then, smoking will continue to be banned in at...

Wynn unfazed by junket reports

May 15, 2014 Newsdesk Latest News, Macau, Top of the deck

Steve Wynn, chairman of Wynn Resorts Ltd, says he is not concerned about the recent incident in which a junket in Macau reportedly decamped with HK$8 billion (US$1.03 billion). The incident has...

Macau ‘remains strong’: Fitch

May 15, 2014 Newsdesk Latest News, Macau, Top of the deck

Fitch Ratings Inc says Macau’s gaming market “remains strong”, despite recent noise around junket liquidity and a potential crackdown on unregistered mobile UnionPay card processors. “The...