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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
 
 

Sands China renews Edward Tracy’s contract
The company’s president and CEO has had his contract extended until August next year
 

More than just gaming
MGM is still waiting for Cotai approval, but Grant Bowie reiterates that it will go beyond just gaming
 

Okada on ‘fishing expedition’
Wynn’s lawyers accuse the Japanese businessman of trying to find improper acts, which they say never happened
 

Galaxy to sponsor volleyball tournament
The gaming operator is again backing the Macau stage of the FIVB Volleyball World Grand Prix
 

Studio City to receive casino approval “soon”: report
Gov’t authorisation is “just a formality”, English-language newspaper Business Daily reports
 

Sands China to raise money for green fund
Sands China Green Fund will have as its goal the promotion of environmental conservation
 

Steve Wynn purchases New York City penthouse
The duplex cost US$70 million and overlooks Central Park
 

Worrying signals
Less informal lending in Wenzhou may lead to VIP slowdown in Macau’s casinos, says Macquarie
 

May weaker for casinos than initially expected
There’s still a chance for a new monthly gross gaming revenue record
 

Sands China grants share options to Edward Tracy
Company’s president and CEO has been granted a total of 260,000 share options
 

Steve Wynn explains Tien Chiao deal
The casino mogul dismisses rumours about connections between Tien Chiao and any government officials
 

Casino-related crimes down
The overall crime rate was up in the first quarter of the year
 

Steve Wynn unveils details about Cotai project
Exclusive interview published in the May issue of Macau Business magazine
 

Okada says U.S. regulator wants to hear him
The hearing is allegedly related to Wynn Macau’s MOP1.1 billion donation to the University of Macau
 

Sands China to be included in Hang Seng Index
The gaming operator will prepay the remaining balance of its finance loan related to the CotaiJet ferries
 

Galaxy Macau to gain on mass-market: analyst
Union Gaming expects positive impacts from the reconfigured gaming space and Cotai Central opening
 

‘Not worried’
Pansy Ho says MGM China isn’t worried about its Cotai land application
 

AERL posts double-digit growth
VIP operator recorded a net income of US$15.3 million in the first three months of 2012
 

PokerStars returns to Grand Waldo
The live poker room will make a return to the hotel casino on June 9
 

Galaxy’s EBITDA soars
The company posted a record adjusted EBITDA of HK$2.2 billion
 

Melco Crown with stellar profit growth
The gaming operator reported a first-quarter profit of US$122.1 million
 

May ‘critical’ for assessing Macau gaming industry
Macquarie analysts are worried about a slow down in VIP growth
 

Changes in casino world
Marc Brugger leaves Crown Towers; Kevin Clayton, Sands China
 

Macau gaming market to hit US$62 billion in 2017
An estimate by Deutsche Bank analysts says revenue will almost double over the next six years
 

StarWorld gives out HK$60 million in jackpots
In the first four months of the year 300 people have already won progressive jackpots
 
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
 Europe
DJ Stoxx 50 2,158.97 -16.37
DAX 6,358.33 -25.93
FTSE 100 5,371.60 -33.65
 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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2012-5-18
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2012-5-19
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