Post Tagged with: "Macau"

Most Extravagant Casinos in Macau

Most Extravagant Casinos in Macau

Some vacation lovers might enjoy a nice day at the beach, while others might like to test their luck at the casinos.  While many choose Las Vegas to be the first option, Macau has become one of the most popular gaming centers in the world leaving Las Vegas behind. With so many popular  and high end casinos, this place is […]

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Macau – Asia’s Gambling Capital

Macau – Asia’s Gambling Capital

If you are planning a trip to Macau soon, it is the perfect place for gambling, gaming, food, night life and shopping. Macau was once just a small area in China, but today, it is one of the biggest gambling and gaming centers in the world. Macau is located right above the Pearl River in Hong Kong. In the past […]

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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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Macau Gambling – What does Macau have in Store for its Gambling Aficionados?

Macau Gambling – What does Macau have in Store for its Gambling Aficionados?

Macau is becoming the new by word in the world of gambling. It’s really surprising that Macau is being touted as the Las Vegas of the East and is fast attracting high rollers in and out of the region. Many believe that it has even surpassed Las Vegas in terms of revenues. If you consider yourself a gambling aficionado or […]

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Top 5 Exotic Gambling Destinations in the World

Top 5 Exotic Gambling Destinations in the World

So you think you’re a gambling man, huh? Why, because you’ve been to Vegas and have tried all the casino resorts there? Well, if you ask the really high rollers, you wouldn’t think you are, as of yet, at their level if you haven’t been able to go where they go. If you think you have the guts to meet […]

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Asia Casinos Doubled Revenue | Caesars’ Place at the Table is 50% Larger Than Las Vegas Peers

Asia Casinos Doubled Revenue | Caesars’ Place at the Table is 50% Larger Than Las Vegas Peers

Asia Casinos Doubled Revenue Having Turned to Las Vegas Model The creation of Las Vegas-style integrated resorts in Macau and Singapore propelled more than a doubling in revenue for Asian and U.S. companies alike, including SJM, Genting, Galaxy, Melco, Las Vegas Sands, Wynn and MGM. Caesars’ and Penn National’s top-lines have been stagnant, held back by their U.S. concentration. Caesars’ […]

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Macau’s Casino Visitor Base Is Shuffling Within China

Macau’s Casino Visitor Base Is Shuffling Within China

Visitor growth to Macau has slowed notably and turned negative in mid-2012, compared to the heady 20% growth during much of 2011. While China accounts for more than 50% of Macau’s visitors and is near peak levels, the two most important specific regions for visitors, Hong Kong and Guangdong, have been declining since mid-2011. China’s Free-Spending Macau Tourists More Restrained […]

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Macau vs. Singapore: Same Approach, Different Scale

Macau vs. Singapore: Same Approach, Different Scale

Singapore’s ability to generate gaming revenue of $4.5 billion from scratch in its second year begs the question of it stealing growth from Macau. Macau’s own growth in the same period and its massive scale of operations largely negate the concern. Macau is more likely to face self-inflicted cannibalization with its own planned expansion on the Cotai Strip. Macau Visitors […]

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