RECENT NEWS
Motley Fool  Apr 13  Comment 
The gambling enclave is doing better, but new problems may lurk just over the horizon.
Motley Fool  Apr 7  Comment 
The stock has been on a solid run so far this year -- but it's still priced at half of what it was three years ago.
Benzinga  Apr 5  Comment 
"Despite stiff competition, results at the Wynn Palace in Macau, which opened in August 2016, have shown consistent improvement, with occupancy and room rates both rising in the fourth quarter,” Argus’ John Staszak said in a note. The...
Motley Fool  Apr 5  Comment 
18.1% growth in gaming revenue in March is another sign that Macau is on a big growth trend.
Benzinga  Apr 3  Comment 
Wynn Resorts, Limited (NASDAQ: WYNN) shares are trading higher by $1.80 at $116.41 in Monday's session. Other gaming stocks are rallying off strong revenue data out of Macau. This marks a rise in revenue for the eighth month in a row. After a...
Wall Street Journal  Apr 3  Comment 
Things are looking up in the world’s biggest gambling hub—but investors need to be cautious, given what is fueling the boom.
Forbes  Apr 3  Comment 
High rollers return amid government efforts to encourage mass market tourism.




 
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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