Manny Pacquiao v Brandon Rios: Macau is Sin City of the East – but without the sin

Macau’s tourist board has been going to great lengths in recent years to try and show the town is more than simply the Las Vegas of the east.

Sky 32 sits on the 32nd floor of the Galaxy casino in Macau

Macau raises the stakes: The exclusive Galaxy Sky 32 casino is only for gamblers who risk £1 million

Like a bet? Got a spare £1.07million? Well the Sky 32 venue is for you.

Happy new year: Chinese territories including Hong Kong are in a celebratory mood

Something to declare: It's boom time for Macau – thanks to a roll of the dice

Why do some colonial experiences leave lasting prosperity while others leave stagnation or worse? Today's Chinese New Year celebrations are a good time to reflect on the experience of one of the world's most boisterous economies – a land where increased domestic and international tourism reflects such prosperity.

CWC in talks to sell off Macau stake

Cable & Wireless Communications yesterday said it is in talks to sell its stake in its Macau operation in a deal which could raise £400m.

Spotlight On... Steve Wynn, founder, Wynn Resorts

The King of Vegas?

CWC pays price of poor Panama progress

Cable & Wireless Communications (CWC) shares yesterday tumbled more than 16 per cent after the emerging-markets telecoms firm warned that its business in Panama "has not progressed as planned".

Archie Bland: The elder Kim who chose lifestyle over compromise

The urge to hold power is so incomprehensible to those of us who aren't possessed of it. I'm always at a loss as to why the likes of Mubarak and Gaddafi didn't just cash in their chips and head off for the luxury villas that surely could have been theirs; the only explanation can be that if you're the sort of person who wants to be in charge of things, that need never leaves you, and the more human concerns that would come first for the rest of us simply don't figure. And so they choose dismal, humiliating incarceration or death over a cheery teatime pina colada. Like I said: incomprehensible.

'Street traders, Macau' by George Chinnery (1774-1852)

George Chinnery - an Indian Summer

To us, the empire may have been about power, commerce and occupation. To many British people at the time it was more a matter of escape – from poverty, family or creditors. For the artist George Chinnery, it seems to have been a combination of all three.

Gambling revenues to soar to $183bn by 2015

Britain was one of the few growth markets for casinos and online gambling in 2010, driven by the popularity of gaming machines, although the global industry is set to rocket by almost 10 per cent a year, figures suggest.

Small Talk: Axis-Shield stands firm in the face of £230m Alere bid

Axis-Shield is not for turning. At least not yet. Last week, the medical diagnostics company, which makes machines to test for conditions such as diabetes, published details of why it had said no to an offer from its American rival Alere Inc.

MoneySwap hedges bets on Macau casino tie-up

Another week, another listing on the Alternative Investment Market (Aim). This time it is the Hong Kong-based MoneySwap, which is preparing for its admission this Wednesday. The online money-exchange platform, which allows businesses and individuals to use the Swift banking system to transfer funds across different regions, is raising just over £3m with the listing, which is expected to value the firm at about £20m.

Las Vegas tycoon hits an ever bigger jackpot in Macau casino boom

Lady Luck has always had a soft spot for Macau. The former Portuguese colony is the only place on Chinese soil where gambling is legal, and the industry's leading lights in the once-sleepy enclave are making even more money than they do in Las Vegas.

Lady Luck is just an illusion. So why are we so much in thrall to her?

We all cheered when Steve Whiteley won £1m-plus for a £2 stake last week. Tim Lott investigates a nation's often jubilant obsesssion with probability

CWC Caribbean end still in the doldrums

Cable & Wireless Communications said yesterday its Caribbean operations were suffering amid continuing economic woes, but it still expected broadly to meet forecasts for the year.

News
Waitrose will be bringing in more manned tills
newsOverheard in Waitrose: documenting the chatter in 'Britain's poshest supermarket'
Life & Style
life
Arts & Entertainment
Jack Gleeson as Joffrey Baratheon in Game of Thrones
tv
Sport
Gareth Bale dribbled from inside his own half and finished calmly late in the final to hand Real a 2-1 win at the Mestalla in Valencia
sport
News
news
Life & Style
tech
Arts & Entertainment
Ricky Gervais at a screening of 'Muppets Most Wanted' in London last month
tvRicky Gervais on the return of 'Derek' – and why he still ignores his critics
Sport
Luis Suarez of Liverpool celebrates his goal
sport
Arts & Entertainment
James Franco and Chris O'Dowd in Of Mice and Men on Broadway
theatreReview: Of Mice and Men, Longacre Theatre
Life & Style
Infant child breast-feeding with eyes closed
healthTo stop mummy having any more babies, according to scientists
Career Services

Day In a Page

Independent Travel Shop See all offers »
Classical Spain
Classical Spain
Six nights from £569pp Find out more
Pompeii
Pompeii, Capri and the Bay of Naples
Seven nights from £799pp Find out more
Spring Breaks
Spring breaks with dinner
Two nights from £64.50pp Find out more
London Theatre and Hotel breaks
London theatre and hotel breaks
One night and ticket from £84pp Find out more
Ricky Gervais: 'People are waiting for me to fail. If you think it's awful, then just don't watch it'

Ricky Gervais: 'People are waiting for me to fail'

As the second series of his divisive sitcom 'Derek' hits screens, the comedian tells James Rampton why he'll never bow to the critics who habitually circle his work
Mad Men series 7, TV review: The suits are still sharp, but Don Draper has lost his edge

Mad Men returns for a final fling

The suits are still sharp, but Don Draper has lost his edge
Google finds a lift into space will never get off the ground as there is no material strong enough for a cable from Earth into orbit

Google finds a lift into space will never get off the ground

Technology giant’s scientists say there is no material strong enough for a cable from Earth into orbit
Westminster is awash with tales of young men being sexually harassed - but it's far from being just a problem in politics

Is sexual harassment a fact of gay life?

Westminster is awash with tales of young men being sexually harassed - but it's far from being just a problem in politics
Moshi Monster creator Michael Acton Smith: The man behind a British success story

Moshi Monster creator Michael Acton Smith

Acton Smith launched a world of virtual creatures who took the real world by storm
Kim Jong-un's haircut: The Independent heads to Ealing to try out the dictator's do

Our journalist tries out Kim Jong-un's haircut

The North Korean embassy in London complained when M&M Hair Academy used Kim Jong-un's image in the window. Curious, Guy Pewsey heads to the hair salon and surrenders to the clippers
A History of the First World War in 100 moments: A forgotten naval victory in which even Nature played a part

A History of the First World War in 100 moments

A forgotten naval victory in which even Nature played a part
Vespa rides on with launch of Primavera: Iconic Italian scooter still revving up millions of sales

Vespa rides on with launch of the Primavera

The Vespa has been a style icon since the 1950s and the release this month of its latest model confirms it has lost little of its lustre
Record Store Day: Independent music shops can offer a tempting alternative to downloads

Record Store Day celebrates independent music shops

This Saturday sees a host of events around the country to champion the sellers of well-grooved wax
Taunton's policy of putting philosophy at heart of its curriculum is one of secrets of its success

Education: Secret of Taunton's success

Taunton School, in Somerset, is one of the country's leading independent schools, says Richard Garner
10 best smartphones

10 best smartphones

With a number of new smartphones on the market, we round up the best around, including some more established models
Mickey Arthur: Aussie tells ECB to stick with Ashley Giles

Mickey Arthur: Aussie tells ECB to stick with Ashley Giles

The former Australia coach on why England must keep to Plan A, about his shock at their collapse Down Under, why he sent players home from India and the agonies of losing his job
Homelessness: Why is the supported lodgings lifeline under threat?

Why is the supported lodgings lifeline under threat?

Zubairi Sentongo swapped poverty in Uganda for homelessness in Britain. But a YMCA scheme connected him with a couple offering warmth and shelter
A History of the First World War in 100 Moments: When the world’s biggest shed took over Regent’s Park

A History of the First World War in 100 Moments

When the world’s biggest shed took over Regent’s Park
The pain of IVF

The pain of IVF

As an Italian woman vows to keep the babies from someone else’s eggs, Julian Baggini ponders how the reality of childbirth is often messier than the natural ideal