Melco chief Lawrence Ho says business is booming.

Macau business 'better than last year'

Chinese consumer sentiment is holding up and reports of a downturn in the gaming industry are "overracting" says Macau casino boss Lawrence Ho, who is optimistic about the coming Year of the Pig.

Melbourne Racing Club will pay an annual lease for various sites on the prized 54-hectare Caulfield Racecourse in the ...

Council raps rent deal for iconic racecourse

The Victorian Labor Government has slashed recommended annual rent for Crown Land housing one of the nation's most successful racing clubs and gaming businesses by nearly two-thirds, despite bitter protests from the cash-strapped local council.