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October, 24, 2016

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China > Local News > Macau
A cluster of splendid new casinos on the way to Macao highlights the operators' efforts to lure gamblers back. Hopes are high for a recovery in the gaming industry. Some think it is probably on the cards.
Macau, the Chinese territory known for casino gambling, outperformed the rest of the world's major cities economically last year, according to a report out Thursday.
Macau says the female half of a giant panda couple that the Asian gambling hub received as a gift from Beijing has died from kidney failure.
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Asia's richest man is Macau tycoon: report
Macau gambling tycoon Lui Che-woo has replaced Hong Kong multi-billionaire Li Ka-shing as Asia's richest man, according to Bloomberg on Friday.
Macau's gambling revenue jumped 13.5 percent to a record US$38 billion in 2012, official figures showed Wednesday, despite the pace of growth in the world's largest gaming hub slowing from a year earlier.
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