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...
Benzinga  Sep 19  Comment 
Macau gaming investors got some long-awaited good news at the end of August when the city logged its first positive year-over-year (Y/Y) monthly gaming revenue growth in more than two years. The surprise number triggered a handful of upgrades for...
Motley Fool  Sep 15  Comment 
There are signs of life in Macau, but new resorts have to bring in new customers to make them worthwhile financially.
Benzinga  Sep 14  Comment 
The Macau region has been a big headwind for most of the gaming companies over the last couple of years. This was evident when Las Vegas Sands Corp. (NYSE: LVS) struggled to meet EPS estimates in the last three quarters. However, Argus believes...
Japan Today  Sep 13  Comment 
Billionaire casino tycoon Sheldon Adelson predicted a revival for beleaguered Macau Tuesday as he launched his new Paris-themed mega resort, with the gambling enclave betting its fortunes on mass market tourists. A corruption crackdown by...
Motley Fool  Sep 13  Comment 
More visitors are going to Macau each year, which could show some surprising strength in the region.


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]


  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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