Typhoon leaves 16 dead after lashing Macau, Hong Kong

Aug 24, 2017

Typhoon leaves 16 dead after lashing Macau, Hong Kong

The most powerful typhoon to hit the southern Chinese region in more than half a century left at least 16 dead as a sudden deluge swamped the gambling hub of Macau, submerging streets and stranding residents. Macau said Thursday that eight people had been killed ...

Jan 22, 2016

College Board scrubs China, Macau SATs amid cheating allegations

The College Board has canceled college entrance exams on Saturday in China and Macau because of cheating concerns. The New York-based testing firm revealed the cancellations on Thursday. College Board officials canceled the Asian tests after learning some students may have accessed the SATs to ...

/ Sep 25, 2015

U.S. seizes Chinese billionaire over cash flights

One of the world's wealthiest people — a Chinese real estate mogul at the center of a Democratic campaign fundraising scandal two decades ago — has been grounded from his fleet of private planes and stripped of his $200,000 watch after his incarceration without ...

South Korea's casinos court China's 'low rollers'

May 5, 2015

South Korea's casinos court China's 'low rollers'

The dealing rooms of Seoul's foreigners-only casinos are echoing to the sound of Mandarin as operators target a new breed of 'low-roller' gamblers — Chinese shoppers. The country's casino operators are luring Chinese tourists, offering goods like free rice cookers and Apple iPads in giveaways ...

Gambling debt cripples Macau 'junket' model

Nov 30, 2014

Gambling debt cripples Macau 'junket' model

Companies that connect China's wealthy gamblers to Macau's casinos are waiting as long as a year for gamblers to repay billions of dollars of loans, crippling the business model of an industry that sustains the world's biggest casino center. These "junket" businesses, which lend to ...