RECENT NEWS
SeekingAlpha  Jun 20  Comment 
Forbes  Jun 18  Comment 
In the shrinking, shifting junket market, a report sees evidence of regulatory tension between Macau and Beijing.
Benzinga  Jun 16  Comment 
Morgan Stanley analysts recently made a trip to Macau to take a firsthand look at its struggling gaming industry. According to a new report by analyst Praveen Choudhary, Macau casino operators have little cause for optimism at this...
Benzinga  Jun 16  Comment 
Nomura Equity Research released a new report this week that included the firm’s updated outlook and price targets for Macau casino operators. According to analyst Harry Curtis, shareholders have little reason for near-term optimism when it...
The Hindu Business Line  Jun 16  Comment 
Biopharmaceutical firm Suven Life Sciences today said it has been granted one patent each by the US, Israel and Macau for a drug used in the treatment of neurodegenerative diseases. Neuro...
Forbes  Jun 15  Comment 
Integrating resorts into their host cities unlocks key synergies, a recent paper says.
TheStreet.com  Jun 12  Comment 
NEW YORK (TheStreet) -- Melco Crown Entertainment shares are falling, down 2.45% to $19.48, in afternoon trading on Friday as pressure mounts on the gaming sector due to an analyst note saying that the floundering Macau gaming region in China...
Benzinga  Jun 12  Comment 
In a report published Friday, Susquehanna Financial Group analyst Rachel Rothman described Macau's gaming market as being at a crossroad given rumors of a complete smoking ban, table count concerns, additional supply coming and gaming revenue...
Forbes  Jun 11  Comment 
Credit Suisse sees signs of stability behind Macau?s May revenue numbers.




 
TOP CONTRIBUTORS

Macau is the fastest growing casino gambling (or "gaming") market in the world. From 2001 to 2006, gaming revenue in Macau has grown at an annual rate of 23%. By comparison, Las Vegas and Atlantic City had CAGRs of 4% and 3%, respectively. The biggest driver of growth is its proximity to the increasingly wealthy Chinese population.


Only 6 companies are licensed to operate gaming facilities in the region:

  • Melco PBL Entertainment (MPEL) is the only company publicly traded in the U.S. that is completely focused on the Macau gaming and hospitality industry.
  • MGM Mirage (MGM): This company is developing the MGM Grand Macau, which is scheduled to open in late 2007. Most of MGM's casinos are in Las Vegas, and its operations include: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, Treasure Island (TI), New York-New York, Excalibur, Monte Carlo, Circus Circus Las Vegas.
  • Las Vegas Sands (LVS): This company owns and operates The Sands Macao. It is also developing The Venetian Macau. These properties are named after LVS's Las Vegas counterparts.
  • Wynn Resorts (WYNN): This company owns and operates Wynn Macau and Wynn Las Vegas. It is also developing a massive new casino resort in Macau, which is set to open in 2010.
  • Galaxy Casinos (HKSE:0027)
  • SJM/Macau Success Limited (HKSE:0487)

Most Visitors Coming From China and Hong Kong

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Statistics based on macau statistics and census services [1]

^Estimates based on “Visitors Arrivals for October 2007” [2]


References

  1. Tourism Statistics 2006, "Tourism Statistics", Macau Census
  2. "Visitors Arrivals for October 2007", Macau Census

External Links

Macau Hotels Information

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