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Day: November 17, 2015

Scholars warn Macau against following in Atlantic City’s footsteps

Scholars warn Macau against following in Atlantic City’s footsteps

Scholars and gaming industry professionals warned the government against following in Atlantic City’s footsteps, urging it to foster economic diversification. A gaming forum was held by the Macau Polytechnic Institute (IPM) on its campus to discuss what Macau can learn from Las Vegas’s success and Atlantic City’s decline. IPM Gaming Teaching and Research Centre Prof. […]
Banker calls for Macau government investment fund

Banker calls for Macau government investment fund

The government should establish an investment fund to manage Macau’s financial reserves, said Delta Asia Financial Group Chairman Stanley Au Chong. Au made the appeal on the sidelines of a banquet celebrating the 80th anniversary of the founding of Banco Delta Asia, a local bank owned by the group, at Grand Hyatt Macau in Cotai […]