RECENT NEWS
Forbes  Jun 4  Comment 
“The only losers are shareholders who bought in 2014,” analyst says.
The Australian  Jun 2  Comment 
James Packer has had a win with Macau regulators softening feared casino smoking ban rules.
Benzinga  Jun 1  Comment 
According to data released by the Macao Gaming Inspection and Coordination Bureau, gaming revenue in the month of May came in at 18.3 billion patacas, about 9.6 percent lower than April 2016’s number. The 9.6 percent decline came up short of...
The Australian  Jun 1  Comment 
Wall Street Journal  Jun 1  Comment 
Las Vegas Sands has agreed to pay more than $75 million to settle a lawsuit by its former top Macau executive, whose allegations prompted federal bribery investigations into the company, according to a person familiar with the matter.
Benzinga  May 31  Comment 
In the past six weeks, Citi analyst Anil Daswani has met with more than 100 institutional investors from around the world to discuss the outlook for Macau gaming stocks. According to Daswani, investors are still cautious on Macau, but many admit...
Motley Fool  May 27  Comment 
Just because Macau's gaming numbers are down doesn't mean Wynn Palace won't be a huge success.
The Australian  May 26  Comment 
Plans for 750 new tables in Macau could impact James Packer’s interest, Morgan Stanley has indicated.
Motley Fool  May 25  Comment 
As casino operators spend billions developing new properties in Macau, the gambling oasis continues to struggle from the Chinese government's crackdown on corruption and excess.




 
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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