GGRAsia – Macau

Sands China ‘no knowledge’ of bitcoin kiosk

Jun 23, 2014 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Sands China Ltd told GGRAsia in an emailed statement on Monday night that it had “no knowledge of [any] bitcoin kiosk at any of the shops at Sands Macao”. Last week the...

Macau police arrests three in fake casino chips scheme

Jun 23, 2014 Newsdesk Latest News, Macau, Top of the deck

Macau’s Judiciary Police arrested three suspects for allegedly exchanging counterfeit gaming chips for a total of MOP90,000 (US$11,273). The police said it believes that two of the suspects are...

Bitcoin kiosk arrives, moves at Sands Macao shop

Jun 23, 2014 Newsdesk Latest News, Macau, Top of the deck

The first of several bitcoin exchange kiosks planned for Macau by a Hong Kong company, opened in a jewellery shop at Sands Macao casino hotel lobby on Friday, an associated firm has confirmed to...

Echo confirms Brisbane pairing with SJM shareholder

Jun 23, 2014 Newsdesk Latest News, Macau, Top of the deck, World

Australia’s Echo Entertainment Group Ltd has confirmed in a filing it plans to link with an investor in Macau casino operator SJM Holdings Ltd in order to bid to develop a casino resort and...

Louis XIII Holdings narrows losses

Jun 23, 2014 Newsdesk Latest News, Macau, Top of the deck

Louis XIII Holdings Ltd, the Hong Kong-listed firm that is developing a boutique casino of the same name (pictured in artist’s rendering) on the Cotai-Coloane border in Macau, significantly...

HK$500 mln World Cup bets ring nabbed in Macau

Jun 20, 2014 Newsdesk Latest News, Macau, Top of the deck

An alleged illegal soccer gambling operation that generated an estimated HK$500 million (US$64.5 million) in bets on the FIFA World Cup has been broken up by Macau police. On Thursday 22 people were...

Macau-linked Saipan casino bid ‘illegal’

Jun 20, 2014 Newsdesk Latest News, Macau, Top of the deck, World

Agents of a company linked to Macau junket investor First Natural Foods Holdings Ltd have been accused of “illegally” providing benefits to at least four local lawmakers in the U.S. commonwealth...

Macau court rejects another Sands’ Cotai trademark

Jun 20, 2014 Newsdesk Latest News, Macau, Top of the deck

Macau’s Court of Second Instance again rejected Las Vegas Sands Corp’s attempt to register the term “Cotai Strip”, this time via the phrase “Cotai Strip CotaiRewards Club”. In a...

Macau names at ‘attractive’ prices: Nomura

Jun 19, 2014 Newsdesk Latest News, Macau, Top of the deck

Nomura says prices of shares in Macau casino operators are now “very attractive”, following sharp drops in recent weeks. “At current levels, we see downside risk of flat to down 4 percent,...

Macau’s Sands Cotai Central expands retail footprint

Jun 19, 2014 Newsdesk Latest News, Macau, Top of the deck

Casino resort Sands Cotai Central has expanded its retail area, adding 150,000 square feet (13,935 square metres) of retail space, operator Sands China Ltd announced on Thursday. The opening of the...