RECENT NEWS
Motley Fool  Jan 29  Comment 
Macau has struggled in the past six months, but Las Vegas Sands Corp. profits are still holding up well.
Wall Street Journal  Jan 28  Comment 
Las Vegas Sands Corp. said its fourth-quarter earnings rose 25%, thanks to lower operating expenses, though the casino operator continued to be hurt by a slowdown in Macau.
Motley Fool  Jan 28  Comment 
Macau's gaming revenue is down but long-term the dip may be good for the region's business.
guardian.co.uk  Jan 28  Comment 
International visitors to China’s gambling haven spent £34bn in 2013 according to report by the United Nations World Tourism Organisation China’s tiny gambling haven Macau recorded higher tourism receipts in 2013 than the UK or Italy,...
Benzinga  Jan 27  Comment 
Macau gaming stocks surged Monday after analysts at Union Gaming Research Macau suggested that now is the time for investors to start buying the stocks of battered Macau casino operators. With the stocks down an average of 50 percent in the last...
Motley Fool  Jan 27  Comment 
2014 was a tough year for Macau and its investors, but 2015 could be much better -- here's why.
Forbes  Jan 27  Comment 
Naming Sheldon Adelson the new CEO of Sand China raises issues for his Macau casinos and beyond.
Clusterstock  Jan 27  Comment 
After the worst year in Macau's history — in which gaming revenue contracted for the year, topping off that decline with a 30% slide in December — some Wall Street analysts still don't want to believe the dream has ended. Some say revenues...




 
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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