Macau read all recent news, articles, updates about Macau | News Australia

As China trial looms, offshore offices of James Packer's Crown are hard to find

Since staff of James Packer's casino empire were detained in China in October and accused of illegally promoting gambling, Crown's network of offices from Macau to Indonesia appears to have vanished.

Publisher: smh.com.au Last Update: 5 Days, 5 Hours, 58 Minutes ago

Packer's former Macau partner says casino operators 'spit on the face' of China

James Packer's former business partner, billionaire Lawrence Ho, reportedly said in an interview that Crown and other gaming companies had upset the Chinese government by engaging staff in China despite a ban on the marketing of gambling.

Publisher: theage.com.au Last Update: 3 Weeks, 5 Days, 5 Hours, 48 Minutes ago

James Packer bids farewell to billionaire Macau partner

Casino billionaires Lawrence Ho and James Packer have bid their last goodbey to a decade-long gaming partnership in Macau.

Publisher: theage.com.au Last Update: 1 Month, 2 Weeks, 3 Days, 20 Hours, 58 Minutes ago
Gracetown locals Bronte and Laura Macaulay out of Margaret River Pro

Gracetown locals Bronte and Laura Macaulay out of Margaret River Pro

Gracetown surfing sisters Bronte and Laura Macaulay are knocked out of the Margaret River Pro in sudden death heats in the women's round two this morning.

Publisher: abc.net.au Last Update: 2 Months, 3 Weeks, 5 Days, 10 Hours, 16 Minutes ago
Gold Coast casino resort plan could undermine local business: analyst

Gold Coast casino resort plan could undermine local business: analyst

A $3 billion "integrated resort" casino development on the Gold Coast Spit could pose a significant threat to local businesses if not properly managed, a Macau-based casino business analyst warns.

Publisher: abc.net.au Last Update: 3 Months, 6 Days, 9 Hours, 55 Minutes ago

Postcard from Macau

Steve Anderson, a former Brisbane horticulturalist who came to Macau via Hong Kong and Belize before that, runs the only bar I've seen here outside a casino, although he assures me there are others if you know where to look. It's something of a hub f

Publisher: theage.com.au Last Update: 5 Months, 3 Weeks, 5 Days, 5 Hours, 6 Minutes ago

As James Packer's Crown Resorts exits, tourist arrivals spark Macau casino revival

Has James Packer jumped the gun scrapping the international ambitions of his gaming empire Crown Resorts this month and selling out of Macau?

Publisher: theage.com.au Last Update: 5 Months, 3 Weeks, 6 Days, 6 Hours, 12 Minutes ago

James Packer's Crown doubles down on its Macau exit with $300m sharesale to investors

James Packer has been quick to offer part of Crown Resorts's remaining stake in its Macau casino venture to institutional investors, having abandoned his ambitions to build a gambling empire spanning the world's largest gaming markets.

Publisher: theage.com.au Last Update: 6 Months, 1 Week, 2 Days, 23 Hours, 44 Minutes ago
Crown sells down Macau business, scraps Las Vegas plans

Crown sells down Macau business, scraps Las Vegas plans

Billionaire James Packer's Crown Resorts announces it will scrap its Alon project in Las Vegas and sell off a major stake in its Macau casino business amid a major crackdown on gambling and corruption in China.

Publisher: abc.net.au Last Update: 6 Months, 1 Week, 3 Days, 17 Hours, 34 Minutes ago

Crown scraps Las Vegas plans, sells down Macau casino stake

James Packer's Crown Resorts will sell $1.6 billion worth of shares in its troubled Macau casino, reducing its stake in the joint venture by half.

Publisher: theage.com.au Last Update: 6 Months, 1 Week, 4 Days, 5 Minutes ago
Advertisement

Casino stocks recover as Macau restricts ATMs less than feared

(Bloomberg) -- Casino stocks rebounded after??the government of Macau, the world's largest gambling market, placed restrictions on ATM withdrawals that weren't as harsh as investors had anticipated.

Publisher: theage.com.au Last Update: 6 Months, 2 Weeks, 1 Day, 23 Hours, 26 Minutes ago

James Packer's Crown shares plunge on report of ATM withdrawal cap in Macau

The bad news for James Packer's gaming empire, Crown Resorts, just keep coming, with the company's share price falling as much as 8 per cent on Friday amid concerns gamblers in Macau may soon have less cash to splurge.

Publisher: smh.com.au Last Update: 6 Months, 2 Weeks, 2 Days, 22 Hours, 42 Minutes ago