Word: kong
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...open its City of Dreams project in Cotai, across the street from Adelson's Venetian, adding a 520-table casino and a Hard Rock Hotel to the market. Still, some analysts believe Macau's fortunes are starting to improve. Aaron Fischer, gaming analyst at brokerage CLSA in Hong Kong, says that China's economy is strengthening, which could benefit the city's tourism industry. He also notes the Chinese government seems to be loosening its tight visa restrictions on Chinese visitors. "We'll continue to see recovery because of these macro factors," Fischer says. "We have turned the corner...
...things to do in Hong Kong...
...Vegas Sands is considering a range of ways to raise additional funding, including selling minority stakes in its existing Macau properties or listing its Macau operation on the Hong Kong stock exchange. The company "continues to pursue and consider a variety of options," says a Las Vegas Sands spokesman, who declined to discuss details. The company said it hopes to restart construction on the Cotai project by the end of the year...
...last year, Las Vegas Sands, which has been suffering from slumping revenues in the U.S. as well, appeared to be in danger of defaulting on its debt obligations until it raised more than $2 billion in capital - including some from Adelson himself - to stabilize its finances. (See a Hong Kong side trip: Macau...
...Classified Cheese Room: Hong Kong's Classified Cheese Room, www.classifiedfoodshops.com.hk, is tucked away on Hollywood Road outside the city's SoHo eat streets, but that doesn't stop it from luring plenty of custom with its walk-in cheese facility stocked with 40 artisanal varieties. The cheeses can be served at the Cheese Room's parent operation, the Press Room restaurant next door, or in situ - choose from casual deli tables, or a wine cellar that functions as a private dining room...