RECENT NEWS
Wall Street Journal  Sep 27  Comment 
More visitors are staying in Macau’s shiny hotels, yet they would need to make more bets in the casinos to justify the rally in the city’s gambling stocks.
Forbes  Sep 27  Comment 
Proxy betting, with high rollers making bets by phone, just banned in Macau, is spreading across Southeast Asia.
Motley Fool  Sep 26  Comment 
The top stock in gaming today may surprise you.
Automotive World  Sep 26  Comment 
Following the handover of the first of his highly Bespoke Rolls-Royce Phantoms at the 2016 Geneva International Motor Show in March of this year, all 30 Phantoms commissioned by luxury entrepreneur Stephen Hung, Joint Chairman of The 13 holdings...
Forbes  Sep 26  Comment 
Steve Wynn?s new Cotai resort ignores government and market guidance.
Motley Fool  Sep 23  Comment 
Las Vegas Sands' new resort, the Parisian Macao, finally opens. Here's why this is the resort best suited to win Macau's mass market segment growth.
Benzinga  Sep 22  Comment 
After 26 consecutive months of year-over-year gross gaming revenue (GGR) declines, Macau investors celebrated a modest 1.1 percent year-over-year GGR gain in the month of August. The surprise growth number and subsequent Wall Street upgrades sent...
Motley Fool  Sep 21  Comment 
Opening delays could mean the new MGM Cotai ends up beating new casinos from Wynn and Sands.
Motley Fool  Sep 20  Comment 
Despite hopes that Macau has bottomed out, there's a chance that Wynn Resorts will give back its recent gains. Find out why.
Benzinga  Sep 20  Comment 
Despite the recent runup in the stock, CLSA’s Jon Oh believes Las Vegas Sands Corp. (NYSE: LVS) is the “best long-term vehicle.” He maintained an Outperform rating on the company, while raising the price target from $50 to $58. The...




 
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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