RECENT NEWS
Motley Fool  Jun 14  Comment 
The Chinese gambling enclave beat expectations with its 10th straight month of higher gambling revenue.
Forbes  Jun 9  Comment 
Top casino operators get out front on business and public policy issues.
Forbes  Jun 5  Comment 
VIP growth leads May’s 23.7% rise in gaming revenue for global casino capital.
Forbes  Jun 3  Comment 
Sheldon Adelson doled out more than $10 billion to build a string of casinos in Macau. That gamble is paying off.
Motley Fool  Jun 3  Comment 
May was another strong month for the world's largest gaming market.
Benzinga  Jun 1  Comment 
Western casino stocks gained momentum Thursday as peers in Macau, the Chinese-controlled gaming mecca, posted their 10th consecutive positive month amid continued recovery from local anti-corruption efforts. May gambling revenues popped 23.7...
Motley Fool  May 31  Comment 
After a tough time, Wynn is finally starting to realize returns on its investments in growth.
Financial Times  May 31  Comment 
Split was ‘amicable’ but issues remain over China dealings




 
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

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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