Melco Crown Executive VP and CFO Simon Dewhurst spoke during the Global Gaming Expo (G2E) in Las Vegas recently, explaining Melco Crown's view of the situation at the end of a conference session entitled "State of the Economy: Gaming CFO Roundtable." According to financial website 'The Motley Fool' on Wednesday, Mr Dewhurst gave a response to a question from the audience asking what kind of additional risk premium was required in valuing the stocks of the casino companies operating in Macau...

A week before the opening of Las Vegas Sands’ newest USD 1 billion addition to Macau’s Cotai Strip, company President William Weidner downplayed Chinese media reports that the government wants to slow visitation into the gambling enclave. During a conference call Wednesday to discuss the August 28 opening of the 360-room Four Seasons Macau, which is attached to the company’s massive 3,000-room Venetian Macau...

China may increase, yet again, individual visa restrictions to Macau in October, news agency Lusa reported. Quoting an unnamed source, it said that if the Chinese government goes ahead with the move, it can have an impact on the gaming revenues and number of visitors who visit the SAR. According to the same source, the alert was left by Chief Executive Edmund Ho Hau Wah at the Legislative Assembly last week...