Topic: Macau

Moody's lowers outlook for Melco Crown subsidiary

Moody's cuts outlook for Melco Crown subsidiary on weaker-than-expected 4th-quarter resultsMoody's Investors Service lowered the outlook for a subsidiary of Macau casino operator Melco Crown Entertainment Ltd. on Wednesday, citing softer-than-expected fourth-quarter results. The ratings agency dropped Melco Crown Gaming (Macau) Ltd.'s outlook for its "Ba3" corporate ...
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MGM Mirage disputes N.J. regulatorsÕ authority to vet its partner in Macau

When New Jersey casino regulators said last year that MGM Mirage needed to cut ties with an unsuitable business partner in China, the casino giant said it would defend itself against allegations raised in New Jersey, where MGM Mirage owns a 50 percent stake in the Borgata resort. For the ...
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Macao Opens Michael Jackson Gallery

Macao Opens Michael Jackson Gallery
MACAU - FEBRUARY 01: British singer Shaheen Jafargholi (R) and Hong Kong' singer Coco Lee (2nd L) pose for the media in front of the iconic white rhinestone glove worn by Michael Jackson at the 1983 Motown 25 Television Special during the opening ceremony of the MJ Gallery at Ponte 16 ...
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What the Chinese want even more than oil or gold

Market could be as big as $600 billion per yearI thought I was prepared for my first visit to China. Back in 2006, I started visiting the country regularly for a business venture. But my first time there, I saw something completely unexpected... It wasn't the booming economy. Or ...
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