In Berlin Germans celebrated the end of the cold war and the collapse of the Berlin Wall that for so long divided their city. Built by the communist authorities in 1961 to stop people fleeing to the west it collapsed in 1989 in triumphant scenes flashed around the world. To celebrate events were held across the city with 8,000 white balloons released along the length of the wall, only a few miles of which remains, to remember the numerous people who died trying to escape the east during the cold war. The Brandenburg Gate saw the biggest party with Peter Gabriel playing David Bowie’s “Heroes” to a massive crowd.

Massive crowds were not in evidence during the US midterm elections on Tuesday where a scant 36.5% of the voting public bothered to actually vote. This coupled with the Republican stoked unpopularity of President Obama saw the Democratic Party take a decisive beating at the ballot box. As the results rolled in it became apparent there was a lot of work to do before 2016 if they wish to retain the White House. Republicans celebrated their victory and new control over the Senate but insisted they would be working with the President in the final two years of his presidency, a sentiment echoed by Obama. And if you believe that…

Talking of unbelievable the new head of GCHQ, the British equivalent of the NSA, Robert Hannigan has called on tech giants to cooperate more closely with the intelligence services in the fight against extremists and terrorism. Apparently our all having social media sites and the ability to encrypt our communications is making his job a little bit too difficult, which is ironic since most of us only started using encryption after we found out Mr. Hannigan and his friends were listening in on everything we said online. In an almost pleading article for the Financial Times he called for a “mature debate” on privacy, security and civil liberties. Yeah. Good luck with that, Bob.

In sports the Formula 1 drivers championship was still neck and neck as Nico Rosberg and Lewis Hamilton went into the Brazilian Grand Prix. In an action packed race that saw Hamilton spin off at one point, the two Mercedes drivers romped home in first and second place with the German Rosberg winning cutting Hamilton’s championship lead to just 17 points with 50 available in the final race of the season in Abu Dhabi. Who’ll win that and take the season? Find out in our daily news pages but before you do that check out the stories that hit our headlines last week.

1. Apparently, the Chukchansi Gold Resort and Casino is so profitable that two rival groups of the tribe who owns it are fighting over it with guns and firearms, just like in the Wild West.

2. Macau is in big trouble. With VIP customers avoiding the gambling hub due to China’s crackdown on corruption, the city’s casinos are posting huge drops in profit.

3. After pumping millions into their pro-casino campaign and dangling thousands of jobs in front of Massachusetts voters, Wynn, MGM and Penn National finally got what they wanted: the majority vote allowing them to move ahead with projects in the state.

4. As if making online operators pay extra to gain access to British players wasn’t enough, the UK Gambling Commission has also put restrictions on sports sponsorships.

5. Marriage is hard and David and Sam Mackie know it only too well. In two and a half years of marriage, they didn’t even get a chance to go on a honeymoon! Well luck was on their side last week, when they won a trip to Australia and GBP1 million.

6. After Macau, it is now Singapore’s turn to bleed because of China’s crackdown on corruption, which has chased away VIP customers. While gambling news talk aboutpainful losses in casino revenues, no one is bothering to figure out what these high-rollers are actually hiding from.

7. Reports suggested that British driver Lewis Hamilton could potentially suffer a similar fate at the Interlagos circuit as in previous years.

Meanwhile Swedish scientists have shown human stem cells can be used to treat the effects of Parkinson’s Disease with a study displaying an alleviation or reversal of the brain damaged caused. Hailed as a break-through this test on rats may lead to clinical trials on humans by 2017, and last week the drummer from AC/DC was charged with attempting to arrange a murder amongst other things, and whilst those charges were dropped he still faces up to seven years for making threats to kill, a charge his lawyer says will be contested, will he get off? Find out in our daily news pages.

In Berlin Germans celebrated the end of the cold war and the collapse of the Berlin Wall that for so long divided their city. Built by the communist authorities in 1961 to stop people fleeing to the west it collapsed in 1989 in triumphant scenes flashed around the world. To celebrate events were held across the city with 8,000 white balloons released along the length of the wall, only a few miles of which remains, to remember the numerous people who died trying to escape the east during the cold war. The Brandenburg Gate saw the biggest party with Peter Gabriel playing David Bowie’s “Heroes” to a massive crowd.

Massive crowds were not in evidence during the US midterm elections on Tuesday where a scant 36.5% of the voting public bothered to actually vote. This coupled with the Republican stoked unpopularity of President Obama saw the Democratic Party take a decisive beating at the ballot box. As the results rolled in it became apparent there was a lot of work to do before 2016 if they wish to retain the White House. Republicans celebrated their victory and new control over the Senate but insisted they would be working with the President in the final two years of his presidency, a sentiment echoed by Obama. And if you believe that…

Talking of unbelievable the new head of GCHQ, the British equivalent of the NSA, Robert Hannigan has called on tech giants to cooperate more closely with the intelligence services in the fight against extremists and terrorism. Apparently our all having social media sites and the ability to encrypt our communications is making his job a little bit too difficult, which is ironic since most of us only started using encryption after we found out Mr. Hannigan and his friends were listening in on everything we said online. In an almost pleading article for the Financial Times he called for a “mature debate” on privacy, security and civil liberties. Yeah. Good luck with that, Bob.

In sports the Formula 1 drivers championship was still neck and neck as Nico Rosberg and Lewis Hamilton went into the Brazilian Grand Prix. In an action packed race that saw Hamilton spin off at one point, the two Mercedes drivers romped home in first and second place with the German Rosberg winning cutting Hamilton’s championship lead to just 17 points with 50 available in the final race of the season in Abu Dhabi. Who’ll win that and take the season? Find out in our daily news pages but before you do that check out the stories that hit our headlines last week.

1. Apparently, the Chukchansi Gold Resort and Casino is so profitable that two rival groups of the tribe who owns it are fighting over it with guns and firearms, just like in the Wild West.

2. Macau is in big trouble. With VIP customers avoiding the gambling hub due to China’s crackdown on corruption, the city’s casinos are posting huge drops in profit.

3. After pumping millions into their pro-casino campaign and dangling thousands of jobs in front of Massachusetts voters, Wynn, MGM and Penn National finally got what they wanted: the majority vote allowing them to move ahead with projects in the state.

4. As if making online operators pay extra to gain access to British players wasn’t enough, the UK Gambling Commission has also put restrictions on sports sponsorships.

5. Marriage is hard and David and Sam Mackie know it only too well. In two and a half years of marriage, they didn’t even get a chance to go on a honeymoon! Well luck was on their side last week, when they won a trip to Australia and GBP1 million.

6. After Macau, it is now Singapore’s turn to bleed because of China’s crackdown on corruption, which has chased away VIP customers. While gambling news talk aboutpainful losses in casino revenues, no one is bothering to figure out what these high-rollers are actually hiding from.

7. Reports suggested that British driver Lewis Hamilton could potentially suffer a similar fate at the Interlagos circuit as in previous years.

Meanwhile Swedish scientists have shown human stem cells can be used to treat the effects of Parkinson’s Disease with a study displaying an alleviation or reversal of the brain damaged caused. Hailed as a break-through this test on rats may lead to clinical trials on humans by 2017, and last week the drummer from AC/DC was charged with attempting to arrange a murder amongst other things, and whilst those charges were dropped he still faces up to seven years for making threats to kill, a charge his lawyer says will be contested, will he get off? Find out in our daily news pages.

Although analysts estimated that business would pick up again in Macau, revenue hit a new low in August. Latest gambling news say this was the third consecutive month when the world’s largest gambling hub posted a decline in profits, after China’s anti-graft campaign kept VIP gamblers away. As a consequence, casino shares also dropped.The downward trend began in June, when the city’s casino revenue saw the first decrease. July brought more bad news, and that’s when analysts jumped in to say it was only because of the FIFA World Cup, which had supposedly kept gamblers away from the casino table. Industry experts said profits would most likely increase again in August, but recent figures reveal a new drop in profits.

The 3.7% revenue decrease reported in June was the first drop Macau saw in five years. The former Portuguese colony is the only place in China where gambling laws allow casinos.

Reuters:  Macau gambling revenue declines for third consecutive month

This August, gambling revenue in Macau fell 6.1% on a year-to-year basis. News reports say this was also the third consecutive month when profits declined. Many believe it has something to do with China’s campaign against corruption, which extends to the world’s largest gambling hub and keeps VIP gamblers away.

According to a financial report released by the local government on Monday, total gambling revenue fell to 28.9 billion patacas in August (the equivalent of $3.6 billion) from 30.7 billion patacas in the same month of 2013. Industry analysts were expecting a decline of 2 to 6%.

There are 35 casinos operating in Macau at present. The former Portuguese colony is part of Chinese territory, but it’s still a special administrative region, just like neighboring Hong Kong. Gambling is not allowed on the mainland, but casinos are legal in Macau and the area has developed a lot over the past decade, becoming the world’s largest gambling hub.

During the past two years profits have seen a major increase. Revenue reached a total of $45 billion in 2013, but the latest figures have plummeted to lows last seen in 2009.

Bloomberg:  Macau Casino Revenue Misses Estimates on China Probes

Macau’s Gaming Inspection and Coordination Bureau recently announced that August’s total gross gaming revenue has declined 6.1% to 28.9 billion patacas. The percentage is much higher than the median estimate of just 2% promoted by seven analysts surveyed by Bloomberg News.

Chinese President Xi Jinping has ordered authorities to look into corruption and lavish spending in Macau. Officials suspect mainland residents are trying to find ways around the law, in order to spend more money on casino games than they’re allowed to. They are not looking into methods some gamblers use to transfer money from China, which has caused VIPs take their money somewhere else.

Although the number of visitors hasn’t changed much in Macau, Hong Kong-based analyst Philip Tulk said: “China’s anti-corruption campaign seems to be keeping some high-rollers out of Macau, and that’s unlikely to change much in the fourth quarter.”

Meanwhile, this has caused Sands China’s shared to drop 3.2%, while Galaxy Entertainment Group has seen a 2.9% decrease in shares.

Japan Times:  Macau casino dealers take industrial action for first time

While company shares are dropping and high-rollers are looking for other places where they can spend their money, Macau dealers working for one of the most popular casinos in the region have started industrial action against their employers. The protest is a first in Chinese history.

More than 1,000 dealers from SJM Holdings are asking for better salaries and benefits spreads. Some of them have shown up late for their shifts, while others have stopped working overtime.

“SJM has mobilized additional manpower support to handle the situation and promised that today, if workers are willing to go to work, they will guarantee compensation three times the salary,” baccarat dealer Ieong Mang Teng told reporters. Teng is also the head of a labor group called “Forefront of Macau Gaming”.

Despite all of these problems, eight new resorts are expected to be built in Macau over the next three years.

Although analysts estimated that business would pick up again in Macau, revenue hit a new low in August. Latest gambling news say this was the third consecutive month when the world’s largest gambling hub posted a decline in profits, after China’s anti-graft campaign kept VIP gamblers away. As a consequence, casino shares also dropped.The downward trend began in June, when the city’s casino revenue saw the first decrease. July brought more bad news, and that’s when analysts jumped in to say it was only because of the FIFA World Cup, which had supposedly kept gamblers away from the casino table. Industry experts said profits would most likely increase again in August, but recent figures reveal a new drop in profits.

The 3.7% revenue decrease reported in June was the first drop Macau saw in five years. The former Portuguese colony is the only place in China where gambling laws allow casinos.

Reuters:  Macau gambling revenue declines for third consecutive month

This August, gambling revenue in Macau fell 6.1% on a year-to-year basis. News reports say this was also the third consecutive month when profits declined. Many believe it has something to do with China’s campaign against corruption, which extends to the world’s largest gambling hub and keeps VIP gamblers away.

According to a financial report released by the local government on Monday, total gambling revenue fell to 28.9 billion patacas in August (the equivalent of $3.6 billion) from 30.7 billion patacas in the same month of 2013. Industry analysts were expecting a decline of 2 to 6%.

There are 35 casinos operating in Macau at present. The former Portuguese colony is part of Chinese territory, but it’s still a special administrative region, just like neighboring Hong Kong. Gambling is not allowed on the mainland, but casinos are legal in Macau and the area has developed a lot over the past decade, becoming the world’s largest gambling hub.

During the past two years profits have seen a major increase. Revenue reached a total of $45 billion in 2013, but the latest figures have plummeted to lows last seen in 2009.

Bloomberg:  Macau Casino Revenue Misses Estimates on China Probes

Macau’s Gaming Inspection and Coordination Bureau recently announced that August’s total gross gaming revenue has declined 6.1% to 28.9 billion patacas. The percentage is much higher than the median estimate of just 2% promoted by seven analysts surveyed by Bloomberg News.

Chinese President Xi Jinping has ordered authorities to look into corruption and lavish spending in Macau. Officials suspect mainland residents are trying to find ways around the law, in order to spend more money on casino games than they’re allowed to. They are not looking into methods some gamblers use to transfer money from China, which has caused VIPs take their money somewhere else.

Although the number of visitors hasn’t changed much in Macau, Hong Kong-based analyst Philip Tulk said: “China’s anti-corruption campaign seems to be keeping some high-rollers out of Macau, and that’s unlikely to change much in the fourth quarter.”

Meanwhile, this has caused Sands China’s shared to drop 3.2%, while Galaxy Entertainment Group has seen a 2.9% decrease in shares.

Japan Times:  Macau casino dealers take industrial action for first time

While company shares are dropping and high-rollers are looking for other places where they can spend their money, Macau dealers working for one of the most popular casinos in the region have started industrial action against their employers. The protest is a first in Chinese history.

More than 1,000 dealers from SJM Holdings are asking for better salaries and benefits spreads. Some of them have shown up late for their shifts, while others have stopped working overtime.

“SJM has mobilized additional manpower support to handle the situation and promised that today, if workers are willing to go to work, they will guarantee compensation three times the salary,” baccarat dealer Ieong Mang Teng told reporters. Teng is also the head of a labor group called “Forefront of Macau Gaming”.

Despite all of these problems, eight new resorts are expected to be built in Macau over the next three years.