Las Vegas Strip

Las Vegas Strip News

  • Dior to McDonald’s in Macau Casinos Help Adelson Pass Ho

    As Judy Huang’s husband prepared to hit Macau’s gaming tables, the 33-year-old mother from mainland China was more drawn to the Venetian resort’s shopping plaza, home to a fake grand canal, crooning gondoliers and brands from McDonald’s to Dior.

  • Galaxy Boosts Budget For Second Phase of Resort on Cotai

    Galaxy Entertainment Group Ltd., the Macau casino operator founded by billionaire Lui Che Woo, said it will boost the budget for the second construction phase of its Cotai resort by HK$3.6 billion ($464 million).

  • Gamblers Betting $1.6 Million a Visit Aid Macau Casinos

    Sky 32, an elite oasis of luxury on the 32nd floor of the Galaxy Macau casino, offers commanding views, a waterfall, a bar with vintage single malt whiskeys -- and six sumptuous rooms where players must commit to betting at least 10 million yuan ($1.6 million) per visit.

  • Galaxy to Spend Up to HK$60 Billion in Casino Expansion

    Galaxy Entertainment Group Ltd., the Macau casino operator founded by billionaire Lui Che Woo, plans to spend as much as HK$60 billion ($7.7 billion) to expand operations on the increasingly popular Cotai strip.

  • Ikos, Las Vegas Sands, Ericsson: Intellectual Property

    Elena Ambrosiadou, co-founder of Ikos Asset Management Ltd., won a U.K. court case brought by her estranged husband, Martin Coward, over who owns the computer software that runs the hedge fund’s trading platform.

  • Galaxy Says VIP Demand Improving as Profit Rises

    Galaxy Entertainment Group Ltd., the Macau casino operator founded by billionaire Lui Che Woo, posted a 29 percent increase in first-quarter earnings and said it is seeing signs of improved demand from high-stake gamblers.

  • Packer Must Face Lenders’ Las Vegas Lawsuit, Court Says

    James Packer, chairman of Australia’s biggest gambling company, and Crown Ltd. must defend themselves in a Las Vegas lawsuit alleging they hid cost overruns in a gaming development, an appeals court ruled.

  • SJM Gets Final Land Approval for First Cotai Casino

    SJM Holdings Ltd., Asia’s biggest casino company by revenue, received final government approval to develop its first casino resort in Macau’s Cotai area, the Asian equivalent of the Las Vegas strip.

  • General Growth Sells Stake in Las Vegas Shopping Mall

    General Growth Properties Inc. sold half its interest in the Grand Canal Shoppes, including the Shoppes at the Palazzo, in Las Vegas for net proceeds of $410 million as part of a new joint venture with TIAA-CREF.

  • SJM Executives to Sell Shares Worth as Much as $57M

    Two senior executives of SJM Holdings Ltd., Asia’s biggest casino company by revenue, are seeking to raise as much as HK$440 million ($57 million) in a share sale after the stock surged to a record.

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