Benzinga  Sep 16  Comment 
A raft of Macau gambling stocks were sinking Tuesday after more negative noise came from a couple of Wall Street analysts and a major typhoon grazed the city. Wells Fargo's Cameron McKnight now expects September gambling revenue at the former...  Sep 16  Comment 
NEW YORK (TheStreet) -- Shares ofaMGM Resorts Internationala fell in morning trading Tuesday after Macau Business Daily estimated that Macau casino operators could suffer a 5% year-over-year revenue decline in the period of June to...
SeekingAlpha  Sep 16  Comment 
By Stock Gazer: As VIP gaming in Macau decreases, Wynn Resorts (NASDAQ:WYNN) has recorded a 10% decline in its share prices over the past one month. Although the region is recording an 8% growth in gaming relative to last year, gaming has...
SeekingAlpha  Sep 11  Comment 
By AtonRa Partners: Macau: it's getting tougher In our August article on MGM (NYSE:MGM), we argued that an attractive strategy to play casinos in the short-term and to reduce risk was to go Long MGM for its U.S. exposure and to Short LVS...
Forbes  Sep 10  Comment 
Macau VIP gaming contributes more than 20% to Las Vegas Sands' stock value, according to our estimates. We are eager to see how VIP gaming trends in the coming months. Our current estimate for Macau VIP gaming gross revenues stands at $5.29...
Forbes  Sep 10  Comment 
In his second term, Macau’s chief executive faces more pressure from labor and democracy advocates, plus expiration of casino licenses.
Forbes  Sep 9  Comment 
It must be noted that Macau VIP gaming is of immense importance for Wynn. It contributes more than 45% to Wynn's stock value, according to our estimates. We are eager to see how VIP gaming trends in the coming months. There could be a possible...
Motley Fool  Sep 8  Comment 
Las Vegas Sands stock has fallen on hard times recently, but there are two big reasons the stock could rise long-term.


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]


  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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