RECENT NEWS
Motley Fool  Jul 17  Comment 
Results may not have hit Wall Street's expectations, but Las Vegas Sands is still gaining share on the Cotai Strip in Macau.
Bloomberg  Jul 17  Comment 
Sands China Profit Misses Views as High Rollers Pull Back Sands China Ltd. fell to a three-week low in Hong Kong trading today, leading declines in other Macau casino stocks,...
Motley Fool  Jul 16  Comment 
Growth on both the top and bottom line may not be enough to impress investors today, especially after seeing weak performance in Singapore.
Wall Street Journal  Jul 16  Comment 
Las Vegas Sands' second-quarter profit rose 27% as the casino and resort operator said its Macau locations had strong growth in the mass gaming and nongaming segments.
Motley Fool  Jul 16  Comment 
Despite the recent weakness in Macau, the best casino investments remain those with the most exposure to the bustling region.
Motley Fool  Jul 15  Comment 
Answering how the company will continue to drive incredible profits, Las Vegas Sands President of Global Gaming Operations Robert Goldstein shows us why Las Vegas Sands is still a great bet.
Motley Fool  Jul 13  Comment 
Macau's casino revenue has taken a hit -- which is why investors are pouncing.
Reuters  Jul 11  Comment 
A former Macau business partner of Las Vegas Sands Corp accused the casino operator of misappropriating trade secrets and is suing Sands for at least $5 billion in profits that it says are owed via their joint ownership of copyright related to a...




 
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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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