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Motley Fool  5 hrs ago  Comment 
Wynn looks like an attractive bet, but read this before you decide whether it's the best bet in either of its markets.
SeekingAlpha  10 hrs ago  Comment 
Forbes  Nov 13  Comment 
I’ve recently arrived in Macau, the latest stop on my book tour that has taken me across the United States as well as to Europe, Africa and Asia for book talks and media interviews.  My book “What Stays in Vegas” focuses on how American...
The Australian  Nov 13  Comment 
MACAU casino chief Pansy Ho says a slowdown in the world’s biggest gaming market should lead to more healthy growth in the Chinese territory.
The Australian  Nov 13  Comment 
THE NSW government built in measures to ensure that the father of James Packer’s business partner in Macau is not involved in his Sydney casino.
Benzinga  Nov 12  Comment 
Bloomberg reported late Tuesday that 2014 gaming sales may be down year-over-year for 2014. Lisa Pham reported that Macau gross gaming revenue for 2014 may fall 0.6 percent, according to estimates by 9 analysts surveyed by Bloomberg First...
Motley Fool  Nov 11  Comment 
Even following poor October numbers in Macau, don't think that any of these companies are backing out now.
Motley Fool  Nov 7  Comment 
2014 has shown how much risk there is in gaming stocks, and there are three reasons one stock could continue to fall.
NPR  Nov 7  Comment 
The Chinese island is renowned as a gambling capital and a place to launder cash. An anti-graft campaign has driven away high rollers and others dependent on its shady financial services.
The Australian  Nov 6  Comment 
MELCO Crown boss Lawrence Ho has acknowledged the company is “concerned” about the downturn in premium mass market gaming revenue in Macau.




 
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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