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Alex Ho – Champion of 2nd World Series of Mahjong

The World Series of Mahjong (WSOM) will return to Macau again this summer after the amazing success of the last two events. The third-annual WSOM will be held from August 19-22, 2010 at the prestigious The Venetian® Macao-Resort-Hotel. WSOM continues to be the world’s largest mahjong tournament in terms of player participation and prize money

Opens on 1st of June 2009, the new $2.4 billion Asian underwater-themed City of Dreams casino aims to draw mainstream Chinese gamblers and tourists to Macau.

Photos used with permission of City of Dreams Macau

“Our policy is that we will not allow any casinos to just shut down and cease operations.”

Edmund Ho, Macau’s chief executive to reporters on worst case scenario, after his annual policy address.

One of the most significant shift in Macao VIP Revenue landscape is the increase of commission rate of VIP rolling chip sales (i.e dead chips) from the traditional 0.7 % to the current 1.35% (offered by Crown Macau).  Now, there is huge inter-casino pressure to balance revenues, market share as well as profitability at the end of the day.

Inside Asian Gaming’s May cover story presents an excellent write up on this BIG Squeeze covering the tiny city of Macau.