Macau News - Page 16
Macao January gambling revenue up 35 percent
1 February 2012
Macau's January revenue boosted by Chinese New Year visitors and celebrations.
Macau headed for another record-breaking month25 January 2012
Union Gaming Group principal Grant Govertsen predicted that when January’s gaming revenue totals in Macau are counted, it would break last October’s single month record of $3.4 billion.
Melco Crown shares rise on rumoured loan20 January 2012
Melco Crown Entertainment shares rise on rumour it's seeking a loan to finance a new Macau property.
Macau limiting slots-only casinos17 January 2012
The Macau government has implemented new regulations that will keep slot machine parlors from operating in residential parts of the city.
Asia Entertainment & Resources report US$1.756 billion rolling chip turnover for December6 January 2012
Rolling Chip Turnover for the month of December 2011 at the company’s VIP rooms in Macau was up 31% year-over-year.
Macau gaming revenues $33.5 billion last year4 January 2012
Macau's 2011 gaming revenue total surpassed the combined casino revenues produced by the top 20 U.S. commercial casino markets in 2010.
Macau gaming revenues shatter last year's record2 December 2011
Macau's 34 casino collected more than $30.5 billion in gaming revenues in 2011, surpassing last year's $23.5 billion mark during the third quarter.
Macau gaming market still red hot28 November 2011
In 2010, Macau produced $23.5 billion in gaming revenues, more than five times the total on the Las Vegas Strip.
Moody's bullish on Vegas gaming companies18 November 2011
Moody's Investors Service upgraded its opinion of MGM Resorts International, Las Vegas Sands and Wynn Resorts.
Macau Gaming still surging while Las Vegas shows signs of a pulse14 November 2011
Las Vegas has taken a back seat to the exploding gaming markets of Macau and to a lesser extent, Singapore.
APPT Macau Season Five ready to launch14 November 2011
PokerStars Macau at Casino Grand Lisboa will host the third leg of the PokerStars.net Asia Pacific Poker Tour from Nov. 17-27.
Macau gaming revenues hit record in October2 November 2011
Macau casino operators collected gaming revenues of $3.36 billion in October, an eight percent increase of the previous one-month record set in August.
Asian success boosts Las Vegas Sands results28 October 2011
Las Vegas Sands reported that its third-quarter net income had increased by 110.5 percent compared to a year ago.
Macau helps boost Wynn earnings20 October 2011
A 41.7 percent increase in revenues at Wynn Macau helped return Wynn Resorts to profitability in the third quarter.
Stocks fall on China growth worry30 September 2011
Shares prices for Wynn Macau and Sands China fall sharply over fear that China's growth may slow.
Casino operators continue to invest in Macau16 September 2011
With Macau Gaming revenues showing no signs of slowing, casino operators from across the globe continue to invest in the world's largest gaming hub.
Macau has no plan to end non-racing sports betting monopoly9 September 2011
Macau government renews Macau Slot sports betting contract for third year, no plans for changes to the monopoly.
Wynn Macau turns five-years-old7 September 2011
Wynn Macau opened on Sept. 6, 2006 and the luxury resort has thrived in the booming Macau gaming market.
Macau casino revenues top $3 billion in August2 September 2011
Macau's 34 casinos shattered single-month gaming revenue figures in August, collecting $3.09 billion from gamblers.
Macau casino operators -- A safe haven during US economic downturn15 August 2011
Despite the current economic downturn in the US, resorts and casinos with operations in Macau are continuing to post record results.
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