Xi Jinping demands inspection of 6 gambling VIP rooms in Macau

China 12/10/21, 01:34

The recent arrest of a Macao liquor tycoon, Zhou Zhuohua, on Nov. 27 keeps Macau's gambling industry on its toes. According to Caixin.com, there are 6 VIP rooms in Macau's gaming intermediary industry. In addition to Sun City's involvement in the case, the other five are the Dejin Group of Chen Ronglian and Ji Xiaobo, Sheng Group, Guangdong ...

CEO arrested: World’s largest gambling hub closes VIP rooms in Macau

China 12/03/21, 15:16

Suncity Group Holdings, which operates the world's largest gambling hub in Macau, has closed its VIP gaming rooms in the territory after its CEO Alvin Chau was arrested, charged with accusations of money laundering and illegal cross-border gambling. Reuters reported that on Wednesday, Dec. 1, Suncity announced that its CEO had resigned ...

Vegas Sands report suggests settlement amount in Macau case

Business 04/17/19, 19:40

Financial documents suggested Wednesday that Las Vegas Sands Corp. paid $96 million to settle a 15-year breach-of-contract dispute with a Hong Kong businessman who helped the U.S. company open its first casino in the Chinese gambling enclave of Macau.The amount was listed as a "nonrecurring legal settlement" in a $582 ...

2 more fatal falls at Grand Canyon follow dozens of others

U.S. 04/13/19, 15:23

Two recent deaths in which men plummeted in the Grand Canyon follow dozens of apparently accidental fatal falls since the national park was established 100 years ago. Michael Obritsch, of Santa Rosa, California, died April 3 after falling from the edge of the South Rim in Grand Canyon Village, near the ...

Casino company Las Vegas Sands announces Singapore expansion

Business 04/03/19, 16:09

Casino company Las Vegas Sands announced Wednesday it plans to spend $3.3 billion to add an entertainment arena, new hotel tower and more convention space to its property in Singapore.The Las Vegas-based owner of properties in the U.S. and Macau said in a statement it has an agreement with the ...

Arizona canyon reopens day after man dies in fall from edge

U.S. 03/29/19, 17:56

A popular tourist destination on the western end of the Grand Canyon has reopened a day after a fatal fall. Eagle Point and the Grand Canyon Skywalk had closed Thursday after a Chinese man in his 50s slipped and fell while taking photographs. His body was recovered from 1,000 (305 meters) ...

APNewsBreak: Vegas Sands-Macau dealmaker settle 15-year case

Business 03/14/19, 16:47

A settlement ended a 15-year breach-of-contract battle on Thursday between Las Vegas Sands Corp. and a Hong Kong businessman who helped the U.S. company open its first casino in the Chinese gambling enclave of Macau.Richard Suen, his lawyers and attorneys for Sands said the agreement prohibited them from disclosing terms ...

Jury to decide what Sands owes Macau casino dealmaker

Business 03/13/19, 17:38

Hundreds of millions of dollars will be at stake in a Nevada courtroom when attorneys for a Hong Kong businessman tell a jury on Wednesday that Las Vegas Sands owes him hundreds of millions of dollars for helping the company open its first resort in Macau 15 years ago.Richard Suen ...

Update: Lawyer says Las Vegas Sands should pay $347M

U.S. 03/13/19, 15:23

The Latest on a trial for a Nevada jury to decide how much Las Vegas Sands owes a Hong Kong businessman for helping the U.S. casino company open its first resort in Macau in 2004 (all times local):1:20 p.m.A Hong Kong businessman's attorney says his client deserves almost $347 million ...

Jury selection begins in Vegas Sands lawsuit worth millions

Business 03/04/19, 16:44

Jury selection began Monday for a trial to determine how much casino corporation Las Vegas Sands Corp. has to pay to a Hong Kong businessman for helping the company open its first resort in the Chinese gambling enclave of Macau.Clark County District Court Judge Rob Bare and attorneys for Richard ...

Photos: Editor selections from the past week in Asia

Asia & Pacific 10/26/18, 00:34

Anti-India protesters in Kashmir take cover behind a tin sheet during clashes with security forces following the killings of two rebels and a civilian.In this Oct. 19, 2018, photo, members of the Rashtriya Swayamsevak Sangh (RSS), a hard-line Hindu group that created the ruling Bharatiya Janata Party as its political ...

China opens mega-bridge linking Hong Kong to mainland

China 10/22/18, 23:07

China has opened the world's longest sea-crossing bridge linking Hong Kong to the mainland in a feat of engineering that carries major economic and political significance.Photojournalists take photos of the Hong Kong-Zhuhai-Macau Bridge in Hong Kong, Monday, Oct. 22, 2018. The bridge, the world's longest cross-sea project, which has a ...

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