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ISSUE 96 - Apr 2012
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2012?
Decline
Growth above 20 percent
Growth from 10 to 20 percent
Stagnation
 
 

Macau fundamentals to remain positive, says Fitch

The rating agency is keeping its original full year 2012 gaming revenue growth forecast of 20 percent
 

April could beat estimates

Bank of America analysts say casino gross gaming revenue may hit the MOP26.5 billion mark
 

Goldman upgrades Melco Crown to buy

Goldman Sachs Group Inc yesterday upgraded Melco Crown Entertainment Ltd from ‘neutral’ to ‘buy’
 

Gov’t announces handout details

Details on this year’s cash handout scheme will be announced today
 

Sands Cotai Central opens doors

Analysts have been raising estimates of Sands China Ltd.’s profit for 2012 and 2013
 

April starts slow for gaming

Growth rate could pick up after today’s opening of Sands Cotai Central
 

Galaxy sees mass-market revenue up nearly 300 pct

The gaming operator almost doubled VIP revenue in March
 

Plan to convert industrial buildings extended

No reconversion projects have been approved as of yet
 

Govt only spends 20 pct of public revenue

Public revenue in the first quarter increased by 21.5 percent year-on-year to MOP29.6 billion
 

More tourists in Ching Ming and Easter

Macau welcomed close to 800,000 tourists from April 2 to April 8
 

A decade of change

This month marks the 10th anniversary of the liberalisation of the gaming industry, a move that brought deep transformation to Macau
 

Lucky number three

In a Macau Business exclusive, senior executives from Sands China Ltd talk about opening Cotai Central
 

Continuous reinvention

In an exclusive interview with Macau Business, chief executive Grant Bowie reveals details on MGM China’s project for Cotai
 

Basic arithmetic

Accounting and auditing firms are struggling to find enough staff to keep pace with the cash flowing through the city
 

Reading, writing, revenue

The growing number of students seeking master’s degrees has surprised academics
 

Mix and match outfits

As more and more imported workers are arriving to fill labour shortages, managing diversity is increasingly important
 

Sands Cotai Central to open tomorrow

Sands China chief executive says property boosts gaming operator’s wager on the mass market
 

Mass market continues rally

Mass gaming continues to outgrow the VIP segment, says the latest report from Deutsche Bank
 

Gaming liberalisation a success, says regulator

DICJ director expects industry to post gross gaming revenue growth of 20 to 30 percent in 2012
 

Smooth sailing

The Macau gov’t looks to expand yacht berths and implement a new travel scheme
 

UFC closer to debut in Macau

No date has yet been set for the fights but a UFC official says it will be this year
 

Deposits go up

The total deposits rose almost 2 percent to MOP447.8 billion
 

Ponto Final under new director

Paulo Rego is now the new editor-in-chief of the Portuguese-language paper
 

Venetian debuts new theatre

The venue is located where Cirque du Soleil’s ‘Zaia’ theatre previously was
 

MGM Cotai to only have 12 pct of floor space for gaming

In an exclusive interview with Macau Business, chief executive Grant Bowie reveals details about the project
 
1. Galaxy closes in on SJM market leadership
2. Steve Wynn wants to start works in Cotai “before June”
3. Studio City to receive casino approval “soon”: report
4. Macau casinos take in MOP25 billion in April
5. U.S. company now Wynn Resorts’ biggest shareholder
 
 US
DJIA
Nasdaq 2,874.04 0.00
S&P 500 1,324.80 -5.86
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DJ Stoxx 50 2,157.99 -17.35
DAX 6,349.50 -34.76
FTSE 100 5,366.54 -38.71
 Asia
Nikkei 225 8,876.59 +75.42
Hang Seng 19,200.93 -58.90
STRAITS TIMES INDEX 2,822.61 -8.54
S&P/ASX 200 4,157.40 -8.100
2012-5-17
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2012-5-19
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