RECENT NEWS
New York Times  Mar 25  Comment 
Lee Ming-cheh, who has a background in human rights activism, has not been heard from since Sunday, when he boarded a flight from Taipei to Macau, friends and relatives say.
Benzinga  Mar 21  Comment 
As Macau recovers, so do casino stocks. Wynn Resorts, Limited (NASDAQ: WYNN) shares have rallied over 30 percent year-to-date on the heels of an early Macau recovery. Despite the young turnaround, Aegis analysts are telling investors not to wait...
Motley Fool  Mar 19  Comment 
With Macau on the rise and growth projects under construction, the future looks bright for Wynn Resorts.
Motley Fool  Mar 17  Comment 
Despite previous gains, there's always been some doubt about the sustainability of the enclave's rebound.
Clusterstock  Mar 13  Comment 
Wynn Resorts could see its share price double as the company grows its market share in Macau, according to research by Morgan Stanley. Wynn currently owns two casinos in Macau—the Wynn Macau opened in 2006 and the Wynn Palace opened in...




 
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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