Tag Archives: Macau

It was an unbelievable year for casino poker player Jonathan Duhamel, who ran through 7,319 players en route to a WSOP Main Event title. More importantly, Duhamel earned one of the largest cashes in poker history with a $8,944,310 top prize! Obviously Duhamel’s success attracted the attention of numerous poker sites including the world’s largest site – PokerStars. In fact, Duhamel recently became the newest member of Team PokerStars as announced by their blog. The PokerStars blog read, “Though you might have assumed so by now, this morning PokerStars made it official: Duhamel, the 2010 Main Event winner, is the …

If you follow high stakes poker news often, then you’ve heard of the huge poker games that take place on Full Tilt Poker.  Star players such as Tom Dwan, Phil Ivey, Patrik Antonius, llari Sahamies and “Isildur1” commonly play poker hands with $500/$1,000 blinds involved.  And while this is extremely impressive, the recent cash games at Macau dwarf these numbers. According to multiple news outlets, a giant cash game formed on the side of the Asian Poker Tour Macau event this past week.  Several Chinese business men formed the poker table, and started games where the blinds reached $5,000/$10,000 and …

Macau is continuing to be the shining light in the eyes of the casino world as the stocks and shares for casino operators based in Macau saw a sharp rise in value. Some shares saw a rise of up to 7% in value. Casino operators had been suffering these last few years with casino restrictions in the USA and the collapse of the economy. The area of Macau however is defying all the doom and gloom and saw a rise of revenue by 59 percent from the previous year! Companies such as Las Vegas Sands and Wynn Resorts both have …

Macau has definitely been the darling of the gambling industry in the past few months and this has continued this week with Las Vegas Sands Corporation announcing that they will be going back to work on their new gambling resort build in the region as of January 2010. The company needs to raise over $3 billion dollars to fund the venture and $500 million is needed now to re-launch the build. Once the casino build is back underway, it is estimated it will provide around 12,000 jobs in the region. Sands has come through with a positive plan for the …

Macau has been hitting the headlines a lot recently as it seems to be totally recession-proof! The Asian Vegas has been doing a lot better than its USA original as it has suffered little in the economic downturn. To add to the success of the area, Galaxy Entertainment Group has announced that its flagship casino resort will be opening in the first quarter of 2011. The project had been put on hold previously as accountants and shareholders watched the markets with baited breath. But Macau has proved itself to be a goose that continues to keep laying golden eggs. Macau …

Asia is about to go poker crazy as a new movie has just premiered in Hong Kong that will be sure to take the cinemas by storm. Texas Hold’em Poker, which is already seeing a worldwide increase in players, is sure to get a lot of new fans through the movie release. The story is set in Asia and is the tale of two poker playing rivals that are competing in the same competition for the crown.  The movie was filmed in the world famous Asian casino capital of Macau and has already caused a stir when hundreds of players …

The last twelve months have been difficult for everyone financially, but none more so than the American Casino industry. When times are tough people tend to cut back on luxuries and two of the top luxuries to go are holidays and gambling!  People in the tourism trade in Vegas would rather erase the past twelve months from their memory as the economic downturn has hit them hard. “In 28 years in the industry I have never seen anything like it,” says Bobby Baldwin, chief design and construction officer of the MGM Mirage.  As you walk around the city you can …