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ISSUE 118 - Feb 2014
 
 
The Macau property market is changing. Vote. What is your opinion on likely price fluctuations for the second half of this year?
Decline below -10 percent
Decline from 0 to -10 percent
Growth from 0 to 10 percent
Growth above 10 percent
 
 

Telsey unmoved by New Jersey’s online launch


Posted: 1/15/2014 11:59:38 AM
Rating:     0% ( votes)
  

Revenue in the first full month of online gaming in New Jersey was “underwhelming”, says Telsey Advisory Group LLC.

The New Jersey Division of Gaming Enforcement says the online gaming win last month was US$7.4 million (MOP59.2 million).

Telsey says a projected annual run rate of less than US$90 million is “a far cry from even the more conservative market size estimates of around US$500 million”.

Delaware, Nevada and New Jersey legalised online betting last year.

New Jersey is considered the first true test case of online gaming in the United States because it allows the full range of casino games and has a big population.



Other Macau Latest News

Air Macau to reduce fuel surcharge on September 1

To cut surcharge per flight sector to US$28 for each ticket from US$30

Mainland upheavals short-term worries, banker says

BNU CEO expresses confidence about economic future of mainland and Macau

Polytec Asset H1 net profit rises to HK$41.2 mln

Property developer’s revenue doubles, largely because of rents in Macau

Galaxy Entertainment gives phone scam warning

Beware callers purporting to be marketing hotel rooms, casino operator says
Headlines

Current account surplus MOP169.5 bln in 2014

Surplus slightly smaller than in 2013, but services trade surplus grows

July visitors decrease 3.8 pct to 2.65 mln

Fewer mainlanders and Koreans visit, but more tourists come from HK, Taiwan

Consumer price inflation slows to 4.76 pct in July

Landlords charge more for shelter and restaurateurs charge more for meals

Govt aid to the poor inconsistent, auditors say

Commission of Audit says MOP309.7 mln may have been distributed unfairly

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