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Making managers
Casino culture is altering the city’s academic landscape with the University of Macau launching a master’s degree in resort management
“I don’t want to fight the government"
Las Vegas Sands Corp. and Sands China Ltd. chairman Sheldon Adelson wants to cooperate with the government to solve the dispute over Cotai parcels seven and eight. In an exclusive interview with Macau Business, he also unveils his next investment targets and what he would have done differently in Singapore and Macau
Slow boil
The government will limit annual growth in the number of gaming tables to 3 percent from 2013
Playing for keeps
Galaxy Macau is proving a handful for its competitors after a stellar first quarter
Running on Empty
More pathological gamblers are seeking counselling and spiritual help when their luck runs out. Casino croupiers are among them
Old enough to know better
The government wants to follow Nevada and Singapore in raising the minimum age limit for entering casinos
Lion City pride
In its first year of operation, Marina Bay Sands is already a roaring success for Singapore and Las Vegas Sands. But the casino resort still has hurdles to clear, including finishing construction and finding a new chief executive
Macau on the Mekong
Chinese-run casinos in Laos give mainland gamblers an atmosphere that’s just like home, just over the border. They could threaten Macau, except for one key ingredient
The long haul
MGM Resorts International is placing its biggest bets in Asia. The company’s Macau joint venture with businesswoman Pansy Ho Chiu King will soon launch its IPO in Hong Kong, while it also eyes developing a hotel-casino resort in Cotai. In this exclusive interview with Macau Business, James Murren, chairman and chief executive officer of MGM Resorts International, talks about the future and the painful obstacles the company must overcome in Macau and the United States in order to achieve their great comeback
“We still have a ton of stuff to prove”
There have been ups and downs for Melco Crown Entertainment but it is now a multibillion dollar, US-listed company. In a Macau Business exclusive, the young man at its helm says the journey has been fun and rewarding but “we still have a long road ahead”. Melco Crown chief executive Lawrence Ho says it is time to improve the results on the mass market, to generate higher cash flow and get more land in Cotai. Would his company be interested in the Macao Studio City plot if it went on the market? Definitely
Great expectations
When much of the Cotai Strip went into mothballs as the cash dried up, City of Dreams just kept on going. There were some who said he couldn’t deliver on his opening-date promise, but he did, and as Lawrence Ho explains in an extensive and revealing interview with Macau Business his dream will be good for everyone. By Paulo A. Azevedo
No more war talk
In an exclusive interview with Macau Business gaming tycoon Stanley Ho Hung-sun has called for the city’s casino operators to bury the hatchet and form a united front to take the industry forward. In this candid interview, ‘Mr Macau’ also gives valuable insights from his long life of challenges and reveals he has little interest in Las Vegas Sands properties but is quite keen to branch out into Asia, especially Japan. By Paulo A. Azevedo
Viva Vietnam
As Macau strives to develop the international component of itís gaming industry, visitor figures show it remains a playground for Hong Kong and neighbouring Chinese provinces. Regional competition looms and Vietnam has revealed big plans. The man behind the Ho Tram Strip, David Subotic, spoke to Macau Business. By Joyce Pina
Easy does it…
A conservative approach to the Philppines gaming industry has put it in a strong position to weather the financial crisis and as we find out, they’re doing it with a smile. By Max V. de Leon in Manila
