More foreign Vegas visits don’t equal more tips, workers say

Servers and dealers on the Las Vegas Strip say they're worried that as more foreign visitors hit the restaurants and casinos, they'll receive smaller tips because the tourists are coming

Gambling industry hopes casino mogul in White House pays off

Donald Trump will be the first U.S. president to have ever owned a casino, and the gambling industry is wondering how he will handle three major issues: internet gambling,

E-commerce | US puts Alibaba back on ‘notorious markets’ blacklist 

Chinese e-commerce giant Alibaba Group is back on the U.S. government's annual list of "notorious markets" that sell pirated goods. The Office of the U.S. Trade Representative said Wednesday that Alibaba's on-line

China’s Uber for trucks Huochebang fetches USD1b valuation

Truck Alliance Inc., an Uber-type service for trucks known in China as Huochebang, raised about USD115 million in a financing round that valued the startup at $1 billion. The

After nearly 45 years, new NYC subway faces deadline to open

New Yorkers have become accustomed to waiting on the subway. But nearly 45 years? That’s how long it’s been since construction began on a much-needed

Airbnb seeks to increase fundraising round to USD1 billion

Airbnb Inc. authorized the sale of an additional USD153 million in equity, bringing the size of its current fundraising effort to about $1 billion. The financing values the

Corporate bits | Sands China announces arts competition winners

Sands China announced the winners of its creative arts competition with an awards presentation and the opening of an exhibition displaying the works at The Venetian

Ask the Vet | 6 Ways to Stop Dog Snoring

Dog snoring is caused by an obstruction in the nasal passage or nostrils that leads to airway constriction. Before you try to stop the snoring, it's necessary

Real Estate Matters | Rising Real Estate Prices…Can Prices Be Controlled?

Like most products and services, rental prices are influenced by basic and inescapable economic factors such as supply and demand. This ‘ebb and flow’ of supply meeting

Gaming | Japan approves ‘integrated resorts’ law

Gaming operators got the green light they’ve been waiting for after Japan’s parliament approved yesterday an “integrated resorts” law that is a first step toward allowing casino gambling.

The Buzz | US dollar surges on prospect of more Fed rate hikes

The dollar surged to near-14 year highs against the euro yesterday after the Federal Reserve raised interest rates for the first time in a year and indicated that

Japan moves to allow casino gambling at integrated resorts

Japan’s parliament is about to approve a law on “integrated resorts” that is the first major hurdle in allowing casinos to set up shop in the wealthy

Corporate bits | MGM hosts closing party of IFFAM

As the International Film Festival & Awards Macao (IFFAM) drew to a close on December 13, MGM hosted the Official Closing Party to celebrate the successful event.

Uber self-driving cars hit the streets of San Francisco

Uber is bringing a small number of self-driving cars to its ride-hailing service in San Francisco — a move likely to excite the city’s tech-savvy population

Adultery site Ashley Madison sanctioned over client data breach

Adultery website AshleyMadison.com’s owner agreed to pay a steeply discounted USD1.65 million fine to resolve state and federal probes into a 2015 hack that exposed personal data

Opinion | Japanese casinos? Just sit out the first few hands

From the way investors in Macau’s casino stocks have been salivating at the prospect of a bill legalizing casinos passing through parliament in Tokyo, you could be forgiven for

ADB trims growth forecast for Asia due to slowdown in India

The Asian Development Bank yesterday trimmed its economic growth forecast this year for developing Asia to 5.6 percent. The revision was slightly below the previous projection of 5.7 percent

Italy’s largest bank to shed USD18.8b in bad loans, cut jobs

Italy’s largest bank, UniCredit, said yesterday it will unload 17.7 billion euros (USD18.8 billion) in soured loans, raise billions in new money and shed thousands of jobs as it

Corporate bits | Wynn donates mop500,000 to Tung Sin Tong

In response to Tung Sin Tong’s annual fundraising campaign, Wynn has made a donation of MOP500,000. The donation represents the 11th consecutive year that Wynn has supported

Singapore Airlines wants to be a budget carrier, too

When you think of Singapore Airlines Ltd., visions appear of cushy premium cabins, bespoke leather seats, and free-flowing Champagne poured by the carrier’s throwback “Singapore girls” flight

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