Everyone’s heard of those junket boats that ferry Chinese gamblers from the mainland to the gambling Mecca that is Macau. Well, boats are slow and small, and Sands honcho Sheldon Adelson doesn’t do slow or small. Adelson wants to partner with a Chinese airline to create a low-cost air-travel option for Chinese gamblers, and he wants it within the next 12 months. Barring that, Adelson is accepting bids on a proposal to levitate the gambling capital and fly it on a tour of various Chinese cities. Read more.
VIP gambling rebound has Macau junkets in expansionist mode
December 8, 2017
VIP, premium mass drive Macau’s gaming revenue up 23% in November
December 1, 2017
Fitch: 2018 will be a good year for gaming operators
November 28, 2017