Gaming alert | Mohegan Sun heats up S Korea casino competition with USD5b proposal

South Korea has become one of Asia’s fastest growing casino markets with gaming companies lured by a 42 percent jump in the number of Chinese tourists to a record 6

CCAC | Civil Engineering Lab employees involved in bribery case

According to CCAC, the two employees allegedly committed active and passive bribery as well as document forgery offenses — all regarded as illicit acts in Macau’s Criminal Code. These crimes

MGM dissident Litt says casino operator overbuilding again

Jonathan Litt, who’s pushing MGM Resorts International to put its properties into a real estate investment trust, stepped up his criticism of the casino company and accused a director of

Free trade zones expected to open doors

China  has set up new free trade zones in Guangdong, Fujian and Tianjin yesterday, expecting them to boost economic reform, promote trade and facilitate investment in new areas in the

Culture | Digital library about Macau launched

Sponsored by the Macau Foundation, the platform “Fontes Macau-China” (“Sources Macau-China”) has made available the digitalized versions of many old books. The resources will be introduced gradually, with an intended

Macau-born Roger Lobo dies at 91

Macau-born Rogério ‘Roger’ Lobo, a former Hong Kong lawmaker and one of the most esteemed members of the neighboring city’s Macanese community, died of cancer at the age of 91

Unregulated junket business blamed for gaming revenue plunge

The Macau Polytechnic Institute (IPM) professor told the audience last Monday during a Rui Cunha Foundation seminar on Macau gaming law that the disappearance of Huang Shan — a major

Gaming | Citi Research sees potential improvement

Citi Research has reported that according to its industry sources, Macau’s table GGR (Gross Gaming Revenue) for the first 19 days in April reached MOP11.5bn (or MOP12.1bn, if one includes

Briefs | BNU posts net profit of MOP443.3m

BNU announced its financial results for 2014. Besides increasing cash flow by 20.5 pct and net profit by 10.1 pct, the bank registered a 29.9 pct increase in credit granted

Hong Kong rebound leads Asian stocks higher

Hong Kong led Asian stocks higher yesterday as investors shook off initial pessimism over new measures by China’s market regulator. KEEPING SCORE: Hong Kong’s Hang Seng jumped 2.1 percent to 27,666.06

China Resources surges after selling assets to focus on beer

China Resources Enterprise Ltd. rose the most in more than two decades after announcing it will sell businesses including its main money-losing retail venture with Tesco Plc, and focus on

Corporate Bits | Results of CEM energizing tour first quarter lucky draw revealed

To encourage visitors to provide feedback on the Tour, a lucky draw was launched, with an electrical appliances cash coupon of MOP2,000 to be offered to one lucky winner every

Site about Portuguese economy launches Mandarin version

The Orient Museum in Lisbon yesterday launched the Chinese version of the website at ceremony attended by Vice-Prime Minister Paulo Portas, the Ambassador of the People’s Republic of China in

Angola wants greater cooperation from China

China and Angola have maintained good cooperation in many areas but there is still much to be done together, said Monday in Jakarta the Angolan Minister of Foreign Affairs. “China has

Xi picks Pakistan dam as first stop on USD40b Silk Road

China picked a dam project in northern Pakistan for its first investment by a USD40 billion Silk Road infrastructure fund as President Xi Jinping looks to expand the country’s influence

US business group urges more transparency, access 

The American Chamber of Commerce in China called yesterday for more government transparency and fairness as the confidence of U.S. companies in the country’s investment climate deteriorates. The chamber said in its annual

Central, western regions have worst air pollution, Greenpeace says

Henan, Hubei, Hunan and Sichuan were among the 10 worst-polluted provinces in the three months ended March 31, Greenpeace said in an e-mailed statement. The provinces are areas of the country

HONG KONG | Defiant residents resist mainland’s embrace

All around Chow Tak-­yee’s neighborhood in the working-class edges of Hong Kong, the 26-year-old can feel the spreading influence of nearby mainland China on the prosperous, open-minded city she›s always called home. The

New Zealand | AC/DC drummer Phil Rudd pleads guilty to threatening to kill

Rudd faces up to seven years in prison on the threatening to kill charge, although his lawyer Craig Tuck said the prosecution case boils down to an angry phone call,

South Korea | Prime minister offers to resign amid scandal

South Korea’s prime minister has offered to resign amid a bribery scandal just two months after he took up the country’s No. 2 post, officials said yesterday, in the latest political crisis

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