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ISSUE 93 - Jan  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
 
 

Pool parties making a splash in the casino industry


Posted: 7/7/2011 4:38:34 PM
Rating:     0% ( votes)
  

More and more hotel-casinos in Macau are following the Las Vegas example and taking advantage of their pools to host pool parties.

Pool parties are profitable, operators say, and are a good way to attract different, younger patrons, Macau Business reports in its July issue.

Even though some of the pool partygoers also gamble, Desmond Lam Chee Shiong, an expert on Chinese gambling psychology at the University of Macau, says these events are not meant to appeal to traditional hardcore gamblers.

“It provides an additional experience for visitors to Macau, and that is always good for the issue of entertainment diversity. I think they only have limited spillover effect on gaming revenue,” Mr Lam says.

Read the full version of this article in the July issue of Macau Business magazine, now available at selected newsstand outlets in Macau, Hong Kong bookshops, by subscription and at partner hotels, restaurants, airlines and ferry carriers in Macau.



Other Macau Latest News

Melco continues interested in investing in Manila

Philippines’ gaming regulator says Galaxy Entertainment is also looking to invest in the city

Construction worker dies at Sands Cotai Central

A construction worker at Sands Cotai Central was found dead after a work accident

Smartone operating profit soars

Macau operations reported an operating profit of HK$42 million

Waterside launches new suites

Launched in 2010, the property’s occupancy rate now stands at 70 percent
Headlines

Wynn Resorts files lawsuit against Okada

Lawsuit was filed on Tuesday in Las Vegas

Macau regulator wants more info on Okada buyout

Gaming Inspection and Coordination Bureau asks Wynn Macau for more details about compulsive buyout

Wynn forcibly buys out Okada stake

Wynn Resorts buys out its largest shareholder and asks him to quit the board of directors

Residential transactions down in 2011

Home sales dropped by 4.5 percent to below 17,200

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