Motley Fool  Jan 18  Comment 
Macau's gaming market is recovering, but who is coming back to the gaming tables may be a surprise.
Benzinga  Jan 18  Comment 
The long-term growth story in Macau remains intact, but share prices of casino operators may already fully reflect 2017 earnings. According to Bernstein analyst Vitali Umansky, the huge run Macau stocks have been on in the past year now has the...
Benzinga  Jan 17  Comment 
Stifel maintains its Buy rating on Las Vegas Sands Corp. (NYSE: LVS), saying the positive Macau trends should drive upside in shares. Additionally, the firm said the recent pullback in shares creates a buying opportunity. Macau operators should...
Motley Fool  Jan 14  Comment 
The Macau-focused entertainment and casino company has had a rocky performance over the past few years. Here's an analysis of Melco Crown stock and where it could go from here.
Motley Fool  Jan 12  Comment 
Macau continues to be a problem for Wynn Resorts, but there are bright signs ahead.
Forbes  Jan 11  Comment 
In late December, the U.S. Attorney for the Southern District of New York announced the arrest of a Macau resident and unsealed an indictment against him and two others for hacking U.S. law firms for information related to pending U.S. mergers and...
SeekingAlpha  Jan 11  Comment 
Yahoo  Jan 11  Comment 
A decade ago, Australian billionaire James Packer had a clear, if unconventional, strategy: to turn his father's established television-to-newspaper conglomerate into a casino empire, tapping Asia's richest gamblers. A series of technology...
Forbes  Jan 9  Comment 
Macau’s casino revenue rose in December but analysts differ on what’s driving the recovery.


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

Error creating thumbnail

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

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki