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ISSUE 93 - Jan  2012
 
 
Do you approve of the government’s proposal to ban bars from residential buildings?
Are there non-residential buildings in Macau aside from hotels and casinos?
Bars should be allowed, provided they close at midnight
No
Yes
 
 

Exports expand slightly in 2011
This was the first rebound since 2006
 

Wynn Macau’s profit up
Company’s net profit up 15 percent but bellow analysts estimates
 

Construction materials more expensive
The average daily wage of construction workers is down
 

Internet market expands
Last year posted two-digit increases for both subscribers and number of hours online
 

BeeCrazy partners with CTM
Group buying website extends offers to Macau
 

Sands’ parcel 3 to have 4,000-room property
Sheldon Adelson says proposal was already submitted to the government
 

Sands China increases employees’ wages
Non-managerial employees will see a 6 percent rise
 

Steve Wynn confident Okada suit will be dismissed
The company’s chairman says the legal action will be “easily dismissed”
 

Sands China revenue up 22 percent
Fourth quarter revenues for Sands China increased to US$1.3 billion (MOP10.4 billion)
 

SJM continues to lead the market
Sands overtakes Galaxy by a small margin
 

AIA Tower sale complete
Speymill Macau completes AIA Tower sale to American International Assurance Company
 

Melco to announce 4Q11 results next week
The company will announce its fourth quarter results on February 9
 

MGM China likely to pay dividend: analysts
Following SJM, Sands and Wynn, analysts say MGM could pay its first dividend
 

January casino revenue up 35 percent: Official
Gross gaming revenues reached MOP25 billion in first month of 2012
 

Las Vegas Sands stock given “buy” rating
Nomura analysts reiterate “buy” rating of Las Vegas Sands stock
 

Wynn to announce 4Q11 earnings
Wynn tomorrow announces its financial results for last year
 

Melco stocks decline
Melco Crown Entertainment stocks drop the most in seven weeks
 

Macao Dragon ferries to be sold
Two ferries will be sold to pay crew
 

Sands China hearing on parcels 7 and 8 underway
Sands appeal to revoke gov’t decision to not grant the company Cotai parcels 7 and 8
 

Sands China declares interim dividend
It is expected the interim dividend of HK$0.58 will be paid around February 28
 

Home prices up
The average price per square metre soared to MOP53,254 last month
 

Wynn asks court to dismiss Okada’s request
Casino company says the investor’s claims are “sweeping generalisations”
 

New historical unemployment low
Jobless rate drops to 2.1 percent
 

Gaming revenue expected to grow over 25 percent
Casinos foresee revenues of over MOP23 billion in January
 

Tourist arrivals up 2 percent in CNY
Around 894,400 visit Macau during the Lunar New Year Holiday
 
1. Okada breaks ground on Manila casino
2. Gas emission restrictions on imported vehicles
3. CNY starting strong in Macau
4. Jetstar to stop flying to Macau
5. Sands China hearing on parcels 7 and 8 underway
 
 US
DJIA
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STRAITS TIMES INDEX 2,917.95 +16.91
S&P/ASX 200 4,251.20 -16.600
2012-2-4
Showers
15°C ~ 18°C
2012-2-5
Mostly Cloudy
17°C ~ 20°C
2012-2-6
Sprinkles
17°C ~ 22°C
More >>
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