RECENT NEWS
Motley Fool  Jul 22  Comment 
The clock is ticking on the casino operator getting assigned a table game allotment for next month's opening in Macau.
Motley Fool  Jul 20  Comment 
The losing streak that's run to 25 straight months shows no sign of abating anytime soon.
Benzinga  Jul 20  Comment 
Wynn Resorts, Limited (NASDAQ: WYNN) shares have gained 37 percent year-to-date. UBS’s Robin M. Farley downgraded the rating on the company from Buy to Neutral, while maintaining a price target of $98. Following the run-up, Wynn’s shares...
Motley Fool  Jul 16  Comment 
Las Vegas Sands stock pays a massive dividend yield of 6.3%, and demand seems to be improving in the very important Macau market.
Forbes  Jul 16  Comment 
Uptick in Macau gambling lifts stock of Adelson's casino giant.
Benzinga  Jul 14  Comment 
After registering 25 consecutive months of year-over-year gross gaming revenue (GGR) declines, early numbers out of Macau for the month of July suggest the gaming hub could be on pace to deliver its first revenue growth in more than two years....
Motley Fool  Jul 12  Comment 
The reasons why China's gambling oasis is experiencing a sharp drop in revenue are well documented and well publicized, but Las Vegas is having a run of bad luck, too.
Forbes  Jul 12  Comment 
Solaire owner’s entrance and exit from Korea resort island highlights trends in Asian gaming.




 
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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