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

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

 
Gov’t to control new casino openings: Union Gaming
Analysts from Union Gaming don’t expect more than two casinos will be allowed to open per year

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

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

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

 
Cotai revolution
Exclusive interview with Steve Wynn, the chairman and chief executive of Wynn Macau Ltd

 
Sands close to getting investment grade
Standard and Poor’s new report gives Wynn Resorts and Las Vegas Sands Corp BB+ credit ratings

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

 
Hengqin development good for Macau casinos
Union Gaming analysts expect it to boost mass-market play

 
Elray Resources acquires Golden Match
The deal follows a letter of intent signed on March 22

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

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

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

 
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

 
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

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

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

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

 
Court asks for more detail about Okada request
The Japanese businessman has been allowed to amend his request for more Wynn Resorts Ltd’s documents

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

 
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

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

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

 
Macau could have 50,000 hotel rooms by 2017
The Tourist Office director expects the number to almost double in the next five years

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

 
Gov’t withdraws Tax Code bill
The gov’t is now preparing a review of the whole tax system

 
Macau economy to grow 18 percent in 2012
The growth is slightly down from the 20.7 percent last year

 
No slots in residential areas by 2014
Secretary for economy and finance reiterates slot machine parlours will be removed from residential areas

 
Sands China leads Cotai walk-in mass market
The gaming operator’s properties account for almost two thirds of walk-in visitors, says Union Gaming

 
Macau, Guangdong plan new border crossing
Both gov’ts will work on the construction of a new passage next to the Border Gate to ease heavy traffic

 
Macau to host Global Tourism Economy Forum
The three-day event is scheduled for September 9 to September 11

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

 
Double-digit growth for SJM
Company posted a 21.7 percent rise in first-quarter net profit

 
Wynn’s profit up by 10 percent
The gaming operator achieved a net profit of US$209 million for the first three months of the year

 
Final review on rules for smoking areas inside casinos
Casinos will have to divide their floor into smoking and non-smoking areas starting next year

 
Ferry terminal expansion ready by 2013-end
An open tender is expected for the third quarter of the year

 
Road to HK-Zhuhai-Macau Bridge to cost more
The HK Legislative Council approves a further budget for the road to link the city to the bridge

 
Great times
This year’s G2E Asia promises to be a sweet one – special report

 
CTM to invest MOP1.2 billion in next three years
The company posted a profit of MOP934 million for 2011

 
StarWorld gives out HK$60 million in jackpots
In the first four months of the year 300 people have already won progressive jackpots

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

 
Residential sales double in March
In monetary terms, housing transactions were worth MOP4.8 billion, triple month-on-month

 
Neon memories
Artist Leung Mee-ping is to exhibit an installation featuring the old San Ma Lou Coca-Cola sign

 
Sorely tempted
The authorities are increasingly worried about crime involving croupiers

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

 
Crossing the line
Association says gov’t should regulate gaming ads

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

 
Homes more expensive
The average transaction price of all residential units sold in the first three months of 2012 reaches a new all-time high

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

 
 

1. Studio City to receive casino approval “soon”: report
2. Steve Wynn unveils details about Cotai project
3. Gov’t to control new casino openings: Union Gaming
4. May ‘critical’ for assessing Macau gaming industry
5. Steve Wynn explains Tien Chiao deal
 
 US
DJIA
Nasdaq 2,839.08 -8.13
S&P 500 1,316.63 +0.64
 Europe
DJ Stoxx 50 2,192.85 +42.69
DAX 6,435.60 +104.56
FTSE 100 5,403.28 +98.80
 Asia
Nikkei 225 8,729.29 0
Hang Seng 19,039.15 0.00
STRAITS TIMES INDEX 2,823.75 +33.59
S&P/ASX 200 4,121.00 0.000
2012-5-22
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2012-5-23
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2012-5-24
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