Archive for November 19th, 2012

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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