RECENT NEWS
MarketWatch  Aug 14  Comment 
Studio City, a Hollywood-inspired resort in Macau, said Monday that it has confidentially filed for an initial public offering of American Depositary Shares. The company said the number of shares and the dollar amount of the offering are yet to be...
CNNMoney.com  Aug 8  Comment 
A company associated with President Trump is seeking new trademarks for the casino industry in Asia's biggest gambling hub.
Reuters  Aug 7  Comment 
A company linked to U.S. President Donald Trump has been granted approval from the Chinese territory of Macau for additional trademarks, including casino services, to develop the "Trump" brand in the world's biggest gambling center.
Benzinga  Aug 3  Comment 
As Macau recovers, so do casino stocks. Wynn Resorts, Limited (NASDAQ: WYNN), which has a particularly high exposure to Macau, China, is the world’s biggest gaming destination. The company derived 69 percent of its EBITDA from Macau, according...
Channel News Asia  Aug 1  Comment 
HONG KONG: Macau casinos on Tuesday (Aug 1) posted a 12th consecutive month of gains thanks to mass tourism and a resurgence of high rollers, a stellar turnaround after takings plunged in the wake of China's corruption crackdown. Semi-autonomous...
Benzinga  Aug 1  Comment 
MGM Resorts International (NYSE: MGM) has had a killer year, with shares climbing 37 percent over the past year and issuing its first quarterly dividend since 2004 in March. Despite the run, UBS analyst Robin Farley believes MGM is running out...
SeekingAlpha  Aug 1  Comment 
Motley Fool  Jul 30  Comment 
Beneath the headline numbers, the trends aren't very good.
CNNMoney.com  Jul 28  Comment 
A billionaire real estate developer from Macau has been convicted of paying more than a million dollars in bribes to top officials from the United Nations.




 
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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