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Detroit Massage Parlors: High stakes in Macau

Kerkorian, 92, with his MGM Mirage, has amassed $12.4 billion of debt worldwide, and his company reported a $212.6-million net loss for the second quarter. Adelson and Wynn, 67, have announced plans that will enable them to boost capital by selling shares in their Macau businesses on the Hong Kong stock exchange.
Ho, who says his nickname is a misnomer because he doesn’t bet, has managed to outfox the newcomers by offering unadulterated gambling to Chinese content to live on noodles and cigarettes as they head for halls like his $1-billion Grand Lisboa.
In Macau, which is about one-sixth the size of the city of Washington, the 23.5 million visitors who came last year stayed an average of 1.3 nights compared with 3 nights in Las Vegas, which augments dice rolls with Broadway-style shows and restaurants. Macau’s gamblers have been known to catch some sleep in massage parlors rather than pay for a hotel.

See the full article from “Business Mirror”