macau

Place Your Bets: Which Gambling Hot Spot Now Dwarfs Las Vegas?

If you thought Vegas was where the big gamblers went to play, you're behind the times. Sin City has been blown past by another exotic destination once infamous for corruption and mob activity. But you probably won't be heading there to play baccarat any time soon.

For Las Vegas Sands, the House Edge Is Global Reach

Las Vegas Sands benefits from being more geographically diversified than its major competitors. With a casino resort presence that spans the U.S., Macau and Singapore, LVS is a strong player that can ride out local downturns, and Trefis thinks its stock is undervalued by 10% to 15%.

Record Amounts of Cash Flow Into Japanese Stocks

Debates are raging over whether Japan needs charitable financial help to recover, but one way money has been flowing into the country is in the form of foreign purchases of Japanese stocks as investors snap up hammered shares.

MGM Resorts May List Macau Gambling Venture in Hong Kong

MGM Resorts International (MGM) may list its Macau gambling venture on the Hong Kong stock market. MGM is a partner in MGM China holdings, a casino in a historic district of Macau, MarketWatch reported. The casino is a joint venture with Pansy Ho, daughter of Macau gambling kingpin Stanley Ho.

Playboy to Cut More Jobs in Bid to Restructure

Playboy Enterprises is downsizing its organizational structure as it continues its transition into a brand management company. The company expects to take a second quarter restructuring charge of $3 million, but will save more than $3 million annually.

Playboy Looks for Profits in the Casinos of Macau

Think the Playboy brand is dead? Think again. The company, famous for its iconinc magazine and velvet-clad bunnies, is heading to the world's biggest casino playground this year: the Chinese gambling region of Macau.

Casino IPOs: A new sin index

For many years, analysts have run sin indexes. Some had to do with the consumption of liquor, and others with cigarettes. It was always hard to tell...

Too many casinos in Macau?

Las Vegas Sands (LVS) and MGM Mirage (MGM) might have a long-term reason to welcome another new mega-casino in Macau, but, as they say, in the long...