RECORD STAKES AS MAINLAND POLICE SMASH GAMBLING RACKET scmp.com
Mainland police have smashed an online gambling racket in Hubei, China. Police believe that 50bn yuan was wagered on soccer matches, horse races, and other events nationwide through the operation. The racket allowed people to gamble without having to travel to the casinos in Macau and elsewhere outside the mainland. Online gambling is proving to be a difficult problem for the authorities. Xinhua reported that gambling websites in Taiwan, Macau, Myanmar, the Philippines, Singapore, and Malaysia had all made money from mainland gamblers.
CIRQUE DU SOLEIL AT THE VENETIAN scmp.com
The Zaia show in Macau tonight is part of a global celebration of Cirque du Soleil. The acrobatic group has been entertaining for 25 years. The Venetian Macau, where the group performs, will be hoping that the occasion this evening will help to boost visitors.
WYNN MACAU CONSIDERING LISTING MACAU BUSINESS ON HK INDEX? scmp.com
Talk of Wynn Resorts listing their Macau business on the Hang Seng has resurfaced, almost a year from the initial speculation in July 2008. Given current market conditions, compared to last year, it would seem more likely to happen at this stage. While the sustainability of the current upturn in the market is yet to be seen, it is clear that Wynn stands to gain significant funds via share sales. This is far from a sure bet, but could have serious implications should it go through.
