Benzinga  Jul 16  Comment 
In a new report out this week, Barclays analyst Felicia Hendrix urges caution when it comes to calling a bottom in Macau gaming stocks. Although there have been several recent news reports and analyst reports indicating that Macau may have made it...
Benzinga  Jul 15  Comment 
In a new note out on Wednesday, Barclays analyst Phoebe Tse explains why the firm believes that the “worst appears to be over” for Macau casino operators. Barclays is bullish on the slumping Macau gaming industry, and recent indicators of a...
Benzinga  Jul 13  Comment 
Shares of the four U.S.-listed Macau casino operators are surging on Monday following a report by Macau Business that the Chinese government may be planning to scale back its current plans to ban smoking in rooms on gambling floors in Macau...
Benzinga  Jul 13  Comment 
In a report published Monday, Wells Fargo analyst Cameron McKnight commented on Macau's gaming sector, stating that "stabilization does not equal growth" and the market is adjusting to a "new normal." According to McKnight, the "new normal"...
Forbes  Jul 13  Comment 
Macau?s lowest gaming revenue since November 2010 inspires optimism in some, downgrades elsewhere
Clusterstock  Jul 10  Comment 
We're starting to hear talk around Wall Street — people are saying the worst is over in Macau. "With the central and Macau governments essentially putting a 'policy floor' on the industry revenue, we believe that the worst is over for both GGR...
Benzinga  Jul 9  Comment 
In a report issued Thursday, UBS analysts Robin M. Farley and Arpine Kocharyan took a look at the Macau gaming industry to help investors better understand what to expect from their second quarter. The experts believe VIP revenue the peninsula...
Benzinga  Jul 8  Comment 
Morgan Stanley Is Equal-weight LVS With A PT Of $100 Latest Ratings for LVS Date Firm Action From To Jun 2015 Susquehanna Maintains Positive Jun 2015 Standpoint Research Initiates Coverage on Buy May 2015 Goldman...


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

Statistics based on macau statistics and census services [1]

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


  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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