macau

Nam Le Wins Asian Pacific Poker Tour High-Roller Event

September 10, 2008 - No Comments Macau was once again the site of the Asian Pacific Poker Tour as Nam Le won the $474,358 first place prize for the High-Roller event by defeating Andrew Scott in a heads-up showdown. The event field of 61 was smaller than most APPT events but the uncharacteristically high buy-in of  $19,250 still made for a lucrative prize pool worth $1,282,052. Many of the top players in the world were drawn to the large buy-in event, but with the small field,....

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Stanley Ho to Take Flagship Firm Public

June 27, 2008 - No Comments Macau’s gambling icon, Stanley Ho, is taking his flagship firm, Sociedade de Jogos de Macau Holdings or SJM, public, battling the Las Vegas gaming giants. Ho is offering shares in the company that made him one of Asia’s richest men, and he’s still believed to be Macau’s biggest casino operator despite losing his monopoly in 2002. A company source who declined to be named said that SJM is looking to raise $655,000,000 for the....

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Macau Lawmaker Pushes for Stronger Regulations

February 22, 2008 - No Comments As reported by the Macau Daily Times: "Macau’s current gaming laws should be amended in a bid to strengthen the gambling regulations of relatives of casino employees, said lawmaker Angela Leong On Kei, on Tuesday. Leong made the remark when asked during the Legislative Assembly’s Spring Lunch, to address a recent jackpot row in the Venetian Macao casino resort, in which a local jackpot winner was disqualified by the casino from....

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