All Entries Tagged With: "Macau"
Wearing the Victor’s Crown
Through last year, millions of people sat in plush, brightly lit rooms till wee hours of the morning, trying their luck. That was in Macau, the world’s new gambling capital. Yes, the once-sleepy Portuguese colony attracted 27 million visitors in 2007. Macau has already surpassed Las Vegas in terms of gaming revenues. With the number [...]
Other Countries Want a Piece of Macau’s Prosperity
It’s hard times here in the USA, and the recession (which the government has not admitted actually exists yet) is starting to creep into the rest of the world. But the Asian miracle is still going strong, and Macau is still the crown jewel in Asia’s economic engine.
But when you’re on top, everybody wants to [...]
Slot Machines: The Next Growth Area?
Splendid…impressive…fabulous. The Cotai Strip offers the most enthralling and unforgettable experiences. Nothing can get your heart pounding and pulse racing as some of Macau’s grand casinos. The former Portuguese colony is expected to record double-digit growth in gaming revenues this year, exceeding US$10 billion, according to Lau Pun Lap, member of the Legislative Assembly of [...]
Midwestern Blues
It looks like Stanley Ho’s IPO is moving ahead as planned, with the price range set for somewhere between HK$3.08 and HK$4.08 per share. It’s a bad time in the region for an IPO, with several noteworthy examples of recent IPOs trading downward — including the disastrous IPO of Chonqing Machinery and Electric, which lost [...]
The Game Plan for Success
Don’t we all just love those rags to riches stories? How about a riches-to-more-riches story for a change? That’s exactly what the story of Macau millionaire David Chow Kam-Fai is. He was born in 1950 in a wealthy Hong Kong based family. David Chow was sent off at a tender age to America, where he [...]
The Next Best Thing to Being There
Viva Macau, the new online casino at www.vivamacau.com, launched this week, and I couldn’t resist taking a peek. In their press release, Viva Macau says “Macau casinos … look out,” but I wouldn’t expect online gambling to pose any serious threat to the region’s existing brick-and-mortar extravaganzas.
It is however, without a doubt, a good gambling [...]
Macau Hosts G2E Asia
Macau is the world’s new gaming haven. So, it is but obvious that this former Portuguese colony was the one to recently host the Global Gaming Expo Asia (G2E Asia). The event got together hundreds of manufacturers, suppliers, industry experts and investors at Macau’s Cotai Strip Convention and Exhibition Centre earlier this month. G2E Asia [...]
USA Subprime Woes and Macau Real Estate
I’ve only been back in the USA for about a week, but I already miss those Portuguese egg tarts. Back here in the USA, ordinary folks are still struggling to pay their re-adjusted adjustable rate mortgages, foreclosures are at an all-time high, and those who haven’t bought a house yet are finding it difficult to [...]
It Takes “3” to Tango
I am one of those people who hum “You are so beautiful to me” every time I lay my eyes on an iPhone! The touch screen is so cool and the phone camera is awesome. And one can listen to songs and podcasts while on the move and browse the Internet too. What else could [...]
Two Different Worlds
I’m back in the US today, after a horrendously long flight out of Bangkok. I am trying desperately to get used to being in Indiana, driving on the right side of the road and not having easy access to street vendors selling spicy somtam and noodles. It’s always a culture shock coming back to the [...]
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