Image of Casino Babylon in Macau

Global gambling revenue climbed to a record US$419 billion last year, led by growth in Macau, Singapore and Cambodia , Bloomberg reported Thursday. Revenue rose 5.6 per cent from $397 billion in 2010 .....

Macau casino Melco Crown Entertainment, partly owned by Australian billionaire James Packer and Hong Kong businessman Lawrence Ho, posted a 560 percent rise in fourth-quarter net profits to $107.5 million.

Two Filipinos have been arrested in Macau for drug trafficking, the Department of Foreign Affairs said. The suspects - a man and a woman - were apprehended on February 1 by the Judiciary Police in an apartment with 46 grams of methamphetamine hydrochloride or shabu worth USD 11,392.

Melco Crown Entertainment Ltd., a venture between Australian billionaire James Packer and a son of gambling tycoon Stanley Ho, said profit increased more than sixfold as revenue jumped at its City of Dreams casino. The stock rose in Hong Kong trading.

Melco Crown Entertainment Ltd., a venture between Australian billionaire James Packer and a son of gambling tycoon Stanley Ho, said profit increased more than sixfold as revenue at its City of Dreams casino rose 42 percent.

Caesars' market debut on Wednesday came with an impressive 80% pop in initial trading, as investors piled into the tiny offering, but some might doubt the company's capacity to grow without a Macau property.

MANILA, Philippines — Two Filipinos, man and a woman, were arrested on February 1 by the Judiciary Police (PJ) in Macau Special Administrative Region (SAR) for alleged drug trafficking, the Department of Foreign Affairs (DFA) belatedly reported on Friday. According to the Philippine Consulate General in Macau SAR, the two were apprehended in an apartment with 46 grams of methamphetamine ...

Thanks to continuing growth in gambling in Macau and Singapore, casino operator Las Vegas Sands Corp. is expected to show rising net income and revenue when it reports its fourth-quarter results after ...

Wynn Macau Ltd., the Hong Kong-listed casino unit of Wynn Resorts Ltd., reported full-year profit that missed analysts’ estimates on rising competition in the world’s largest gambling hub. The company’s stock dropped.

HONG KONG (MarketWatch) -- BNP Paribas identified Macau gambling stocks Sands China and Wynn Macau as likely candidates for addition to the Hang Seng Index, as part of the quarterly rebalancing due to be unveiled Friday. Ranking highly in terms of market capitalization and turnover, each stock has also surpassed the 24-month mark since listing on the Hong Kong Stock Exchange, the French bank ...