Macau unemployment under 3%

–Thank you casinos–
Macao saw its unemployment rate for the first 11 months of 2007 stand at 2.9 percent, 0.7 percentage point lower than the same period of 2006, according to the Employment Survey released on Friday by the Statistics and Census Service.
The survey showed that Macao’s total labor force was estimated at 320,000, while the [...]

Gambling mom leaves kids at home

A single mother left her two young daughters home alone while she indulged in a week-long gambling spree, a Hong Kong court report said Saturday. The mother left the girls aged eight and nine with just 160 Hong Kong dollars (20 US dollars) on a Friday night in October and left for Macau, a gambling [...]

NJ’s MGM probe continues

The efforts by MGM Mirage to open a casino halfway around the world have led to a review of whether there’s a conflict of interest within the New Jersey Division of Gaming Enforcement. For nearly three years, the division has been conducting an investigation into MGM’s partner in the Chinese enclave of Macau. The partner, [...]

Review of the Cotai Strip’s Venetian Macao

The Venetian Macao on Macau’s Cotai Strip outshines any competition in its trailblazing pace…as the largest most spectacular Integrated Resort in the world. My Turbojet dash across the South China Sea brought along exciting Chinese chatter and fervent debate on what’s really happening on the other side of the Pearl River delta. While [...]

New casinos add to booming gaming revenue

Macao’s casino industry will likely see record gross revenues of 83 billion patacas (10 billion U.S. dollars) in 2007, an increase of 46.5 percent over last year, The Macao Post Daily reported on Wednesday.
The casinos’ gross receipts were expected to reach 8.1 billion patacas (1.03 billion U.S. dollars) in December, the daily quoted a senior [...]

Macau ferry services inadequate

Ticket touts are increasingly working the ferry terminals between Hong Kong and Macau, cashing in on the tourism boom in the territory that has revealed the inadequacy of ferry services, Hong Kong’s South China Morning Post reported yesterday.
The public recently complaint about both the lack of ferries and associated ticket scalpers, when Venetian Macao held [...]

Macau visitor volume keeps rising

Macau continues to receive record numbers of visitors, as the number of visitor arrivals reached 2,458,120 in November 2007, representing a year-on-year increase of 26.1%. Visitors from Mainland China and Hong Kong rose by 31.2% and 10.3% respectively, with those from Southeast Asia soared by 85.4%. Meanwhile, same-day visitors accounted for 52.1% of the total [...]

MGM and Dubai consider Macau joint venture

The US based entertainment firm MGM Mirage and Dubai World could make joint investments in Macau and the mainland, according to MGM’s Chairman and CEO Terry Lanni and cited by the Financial Times.
Lanni, who has just seen MGM open its first casino in Macau, said the projects would be ‘non-gaming’.
Dubai World secured a 4.8 per [...]

Junket promoter arrested

A junket promoter who allegedly embezzled his customer’s HK$1 million in a local casino in October was arrested by the Judiciary Police on Wednesday.
The 48-year-old Korean victim reported to police the same day after bumping into the suspect, a 39-year-old Korean surnamed Chung, outside the casino in Taipa where they went to gamble on October [...]

The Police concert at Venetian Macao

Stuff like this is great for The Venetian, Cotai Strip tourism, Macau, and most importantly, its tourists. They may be balding and grey, but they still rock…“The Venetian Macau Resort Hotel and Live Nation Global Touring have confirmed that The Police will perform at The Venetian Arena in Macao, on 7th February 2008.
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