Archive for November, 2012

Bahamas Gambling: Vicious Pleasure

Bahamas Gambling: Vicious Pleasure

The Bahamas is often called a “paradise” on the Earth and it’s not surprising, taking into account the fact that this archipelago is blessed with a wonderful tropical climate and with a picturesque nature. It also has an excellent location for tourists from the USA – less than 100 miles off the Florida coast. The Bahama Islands’ tourist industry is […]

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Singapore Gaming Industry: Good Times, Bad Times

Singapore Gaming Industry: Good Times, Bad Times

Singapore, a tiny Asian country, is the real land of wonders. Picturesque Buddhist temples and high-tech business skyscrapers, beautiful nature, the international atmosphere and the diverse cultural heritage make it one of the most popular tourist destinations. Add the growing gambling industry it can easily explained why Singapore’s income is highly dependent on tourism and the money tourists annually leave […]

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Macau Casino Revenue, China PMI May Be at Potential Inflection

Macau Casino Revenue, China PMI May Be at Potential Inflection

With wealthy Chinese driving Macau’s VIP business and the mass-market segment relying on the growing Chinese middle class, a relationship between gaming revenue growth and the China PMI leading indicator makes fundamental sense. Both have improved in recent months, with Macau revenue at a new record in October, though growth remains less than robust. Source: Bloomberg  

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Declining Macau Hotel Length of Stay Is Negative Casino Driver

Declining Macau Hotel Length of Stay Is Negative Casino Driver

A decline in length of stay is challenging Macau casino resorts’ quest to keep gamblers in the Asian gaming hub longer. While total guests at Macau hotels are rising and reached a new record in 3Q, the average length of stay has dropped more than 15% since late-2011. As a result, total monthly hotel-guest-days have been static at about one […]

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Native American Gold Rush: Indian Casinos Are Thriving

Native American Gold Rush: Indian Casinos Are Thriving

Native American reservations had long been associated with something depressing, shabby and poor. Scattered along far corners of the US states they were cradles of poverty and crime. But all was wonderfully changed in the 1980s when casinos came to the Native American lands and the golden rush began. In the 19th and for the most part of the 20th […]

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