Macau To Regulate Building Of New Casinos
Macau’s new Chief Executive, Fernando Chui, gave his first policy address March 16. He had been expected to announce stringent plans to slow the overheated gaming market in the Chinese region and announce steps to diversify Macau’s economy. Gaming revenues increased almost 70% in the first two months of this year compared to 2009. Gambling accounts for about three-quarters of government revenue for Macau However, his comments appear to have resulted in a sigh of relief by major casino operators who already have a presence in Macau such as Wynn and Las Vegas Sands. Reuters reports that Chui intends to limit the building of new casinos. This could help current operators’ profits by protecting the…
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Hotel mogul Steve Wynn makes major moves in Macau
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I’m trying something a little different this quarter – a single thread to cover all gaming companies reporting. I will update this thread as other companies report. Wynn Resorts – Net Income: $34.2 million Revenue: $773.1 million * Wynn Las Vegas / Encore Las Vegas: ADR: $210 Occupancy: 83.9% * Wynn Macau: ADR: $263 Occupancy: 89.2%...
I’m trying something a little different this quarter – a single thread to cover all gaming companies reporting. I will update this thread as other companies report. Wynn Resorts – Net Income: $34.2 million Revenue: $773.1 million * Wynn Las Vegas / Encore Las Vegas: ADR: $210 Occupancy: 83.9% * Wynn Macau: ADR: $263 Occupancy: 89.2%...
photo by flipchip • lasvegasvegas.com Could CityCenter be driving the upturn? Not that you should look to us for stock tips, but since the data came out about Las Vegas gaming revenue being up for the first time in 23 months, Las Vegas gaming companies saw an uptick. At increased trading volume, casino companies such as Wynn Resorts Ltd. rose...
I’m trying something a little different this quarter – a single thread to cover all gaming companies reporting. I will update this thread as other companies report. Wynn Resorts – Net Income: $34.2 million Revenue: $773.1 million * Wynn Las Vegas / Encore Las Vegas: ADR: $210 Occupancy: 83.9% * Wynn Macau: ADR: $263 Occupancy: 89.2%...
I’m trying something a little different this quarter – a single thread to cover all gaming companies reporting. I will update this thread as other companies report. Wynn Resorts – Net Income: $34.2 million Revenue: $773.1 million * Wynn Las Vegas / Encore Las Vegas: ADR: $210 Occupancy: 83.9% * Wynn Macau: ADR: $263 Occupancy: 89.2%...
Goodness, it sure seems as if Las Vegas’s gaming revenue is back on track. This past February, revenue skyrocketed 33 percent (compared with February 2009). Widely helped by Chinese New Year falling on Feb. 14, the Las Vegas Strip took in $568 million compared to last February’s $427.4 million. Across all of Nevada, casino revenue increased...
Strip Scribbles: Steve Wynn reveals plans for a third casino in Macau
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If we were to ask you what are the two top casino markets in the country, you’d say Las Vegas and Atlantic City. But now for the first time, Atlantic City has been edged out by Pennsylvania and their slot barns (just racing and slots, no table games). This was writing on the wall for AC, whose customer base is primarily in surrounding areas...
Nevada has put its foot down on online casinos in the state. Unless online gaming ends up legalized, the Nevada Gaming Control Board has stated that Las Vegas casinos should not think about launching any type of online casino. Harrah’s already has an online casino, branded under “Caesars Palace,” but it’s in the UK and unavailable...
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Jobs_Dublin (Jobs_Dublin) : Head Of Business Intelligance Dublin Online Gaming: Head of Business Intelligence - Online Poker- Dublin C 100k Eu... http://bit.ly/di3md9.. Updated : 2010-09-03T16:15:12Z | Reply | View Tweet |
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r_j_nichols (Randy Nichols) : RT @GIBiz: Jobs' Game - http://bit.ly/9TGqLa
Apple has finally embraced gaming as a key part of its business. Nintendo and Sony should be wo.. Updated : 2010-09-03T07:26:43Z | Reply | View Tweet |
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GIBiz (GamesIndustry.biz) : Jobs' Game - http://bit.ly/9TGqLa
Apple has finally embraced gaming as a key part of its business. Nintendo and Sony should be worried... Updated : 2010-09-03T07:14:25Z | Reply | View Tweet |
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