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ISSUE 96 - Apr 2012
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2012?
Decline
Growth above 20 percent
Growth from 10 to 20 percent
Stagnation
 
 

Surely we didn’t reach the top, did we?

Gaming operators apprehensive with virtually zero growth in September’s first half
 

The billions race

The month of August has brought about some financial recovery, with MOP327 million more than July, the fifth best result of the year. After a strong decrease in September, we are now experiencing a more fearful phase and some say that the next two years will be more quiet. We shall see. The big news in [...]
 

His master’s voice

It had to happen. After a period of unprecedented growth, Macau’s casinos are facing a slowdown. The global financial crisis has played its part but there are specific local concerns and Beijing is worried. Can Macau keep the lid on?
 

Wizards of Oz

Australasia’s gaming industry is feeling the same belt-tightening pain as the rest of us but they also have to contend with a crusading politician who wants to ban slot machines. Their answer? Invite him to speak at the industry’s recent expo in Sydney
 

Follow the leader

Macau’s success spurring Asia’s gaming industry: experts
 

House of cards

Poker fever is gripping Macau as Chinese gamblers embrace the game but its development in the wider country and region could take some time
 

Creating a gaming workforce

The Development of an Efficient Application Process For Possible Training Programs
 

Fancy footwork

A land-lease row over The Venetian’s plans for their Four Seasons development on the Cotai Strip looks set to heat up after lawmaker Au Kam San stumbled upon some ??confidential ?? paperwork. The Venetian, however, sees things differently
 

Safe as houses?

Not so long ago Macau properties were hailed as a rock-solid investment bet. But does the unfolding nightmare on Wall Street spell the end of the boom?
 

Broadway hits Macau

Everyone loves a good musical and the genre seems to be making a comeback with the recent Hollywood movie Mama Mia a prime example, now the city is to get a taste
 

Depicting Dynasties

Some of China’s most precious Ming and Qing Dynasty paintings are in Macau. Their exhibition presents the perfect chance to view a collection of masterpieces which helped shape the Middle Kingdom over six centuries
 

Il Trittico treat

The work of great Italian composer Puccini is no stranger to Macau and later this month one of the renowned artist’s best works opens at the Macau Cultural Centre
 

A Lasting Legacy

One of a series of exhibitions in celebration of the 10th anniversary of the Macau Museum includes the historical relics of Zheng Guanying a man who exerted considerable influence on modern China
 

Into the light

An almost spiritual creation born in Portugal is given new life at a new exhibition of photographs in Macau
 

Drilling times ahead

As Macau-based Polyard Petroleum gets ready to start taking oil from lucrative Brunei fields and presses ahead with big plans in the Philippines,it is still looking further afield
 

Cementing Sino-Luso relations

Macau has the official tag of the hub for establishing China’s economic and cultural links with the world’s Portuguese-speaking countries. But to what extent is this happening? Macau Business assesses how things have progressed in the five years since the scheme’s inception
 

Damn those grey areas!

It’s about time we banished these grey areas and clarified everyone’s rights and duties.
 

China and a New Balance of Power

The last rival superpower to the United States, the Soviet Union, collapsed in 1991. But, apart from its military strength, the USSR was never really powerful enough to counterbalance US influence. In the late 1980’s, Japan seemed capable of challenging America’s industrial leadership, but by the 1990’s it lost its competitive edge. China might itself [...]
 

Uncertainty reigns

There is a definite whiff of uncertainty in the air – and I’m not talking about the global financial crisis. It’s the one I can feel here, in Macau.
A few previously rock solid indicators appear to be faltering, for sure.
 

Spend in haste, repent at leisure: America’s latest bailout plan

With minds concentrated by fears of another 1930’s-style Great Depression, America’s politicians have adopted, virtually overnight, a $700 billon bailout plan to resuscitate the country’s rapidly deflating financial sector. The final deal is an elaborate piece of financial and political engineering whose ultimate effect is almost impossible to predict. There are good reasons, however, to [...]
 

The american anti-intellectual threat

In recent years, the United States has been more a source of global instability than a source of global problem-solving. Examples include the war in Iraq, launched by the US on false premises, obstructionism on efforts to curb climate change, meager development assistance, and the violation of international treaties such as the Geneva Conventions. While [...]
 

Small-town napoleons

Are your bosses accountable to you? Are you tired of being on the receiving end of a tinpot general’s orders? Are you ever consulted about matters that affect you? Are you treated as if you were at the disposal of your boss? Are you weary of being silently compliant, just waiting to receive and obey [...]
 

Electric Dreams

A Nobel Peace Prize winner will be among the delegates at a electric power conference in Macau at the end of this month. But can the best brains in the business come up with a green solution to the world’s power supply problems?
 

Air of confidence

Former Air Macau chairman David Fei has just left the troubled flagship airline as it passes through a sizeable pocket of fiscal turbulence. Just before he left, Macau Business found him in bullish mood
 

October 2008 News in Brief

The month in brief
 
1. Galaxy closes in on SJM market leadership
2. Steve Wynn wants to start works in Cotai “before June”
3. Studio City to receive casino approval “soon”: report
4. Macau casinos take in MOP25 billion in April
5. U.S. company now Wynn Resorts’ biggest shareholder
 
 US
DJIA
Nasdaq 2,874.04 0.00
S&P 500 1,324.80 -5.86
 Europe
DJ Stoxx 50 2,157.40 -17.94
DAX 6,349.80 -34.46
FTSE 100 5,366.80 -38.45
 Asia
Nikkei 225 8,876.59 +75.42
Hang Seng 19,200.93 -58.90
STRAITS TIMES INDEX 2,822.61 -8.54
S&P/ASX 200 4,157.40 -8.100
2012-5-17
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2012-5-18
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2012-5-19
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