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Jay

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.

Geographic Location

Macau is strategically located near the hotspots of Asia; namely, coastal China, Hong Kong, Taiwan, India, Japan and Korea. Numerically, it is less than an hour's flight away for more than a billion people. This location in the cradle of Asian growth and development allows Macau to fully enjoy the region's current economic trends.

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

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