Entries Categorized as 'Las Vegas Casino'
February 13, 2008
Figures due this week are expected to show that Macau is bigger than Las Vegas. The former Portuguese enclave in China raked in US$10.4 billion in gaming winnings in 2007, virtually matching the 2006 take for Clark County, the Nevada jurisdiction that includes Las Vegas and surrounding areas.
If Macau misses in the 2007 data, it’s only a matter of time before it leaves Las Vegas twinkling in its rearview mirror. Macau already far outearns the famous Las Vegas Strip, even though the Strip has a 50% advantage in the number of both visitors and casinos. Minimum bets in the Chinese territory usually set at HK$100 (US$12.85), compared with a less than US$1 in some Vegas locations, allow Macau to take in far more per customer and per table than Las Vegas.
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Posted in Las Vegas Casino, MGM Grand Macau, Venetian Macao, Wynn Macau, Wynn Resorts 
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October 6, 2007
Even as Macau’s new resorts become more like those on the Strip, their American owners see them as a gateway to Las Vegas for Asian players
When the Macau government opened its gambling market to foreign investment a few years ago, it sought companies that could help transform the Chinese seaport from a seedy outpost into a top luxury resort destination where gambling is but one of many popular attractions.
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Posted in Cotai Strip, Las Vegas Casino, Macau Casino, Sands Macau, Wynn Macau No Comments »
November 6, 2006
When all these thousands of middle-class Chinese tourists start pouring into Las Vegas in the years ahead, where are they going to feel most at home?
The companies that have or will have a presence in Asia already, of course, are hoping familiarity with their products in Macau will translate into brand loyalty.
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Posted in Cotai Strip, Las Vegas Casino, MGM Mirage, Macau Casino, Macau Gaming, Macau Property, Macau Tourism, Venetian Macao, Wynn Macau, Wynn Resorts No Comments »
October 31, 2006
As reported by Yahoo Finance | NEW YORK (AP) — Hotelier and casino operator Las Vegas Sands Corp. reports third-quarter earnings on Wednesday. The following is a summary of key developments and analyst opinion related to the period.
OVERVIEW: Las Vegas Sands, which is run by billionaire Sheldon Adelson, signed a development deal in August with the Singapore Tourism Board for its Marina Bay Sands casino resort. The signing allowed the company to officially take over the Marina Bay site to begin construction.
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Posted in Cotai Strip, Economy, Las Vegas Casino, Las Vegas Sands, Macau Business, Macau Casino, Sands Macau, Venetian Macao No Comments »
October 26, 2006
Las Vegas is traditionally the gambling capital of the world, but these days the face of the casino industry is changing.
“Slot machines are no longer a novelty, and blackjack isn’t a novelty anymore. People aren’t going to fly 2,000 miles just to play nickel slots. What they will do though is they will fly 2,000 miles to have a great experience,” says Dr David Schwartz at the Center for Gaming Research, University of Nevada-Las Vegas.
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Related Link: Casino Games Reviewed
Posted in Cotai Strip, Gaming Articles, Las Vegas Casino, Las Vegas Sands, Macau Business, Macau Tourism, Singapore Casino, Venetian Macao No Comments »
October 10, 2006
An excellent 4-page story written by Beverly Beyette, from the LATimes who recently visited Macau to find out what the fuss about this former Portuguese colony was all about.
She covers all of Macau not just the casino’s but also about the food, sights and heritage of Macau.
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Posted in City of Dreams, Construction, Cotai Strip, Grand Lisboa, Las Vegas Casino, Las Vegas Sands, Lisboa Casino, MGM Grand Macau, MGM Mirage, Macau Heritage, Macau Retail, Sands Macau, Shopping, Stanley Ho, Travel, Venetian Macao, Wynn Macau, Wynn Resorts No Comments »
October 9, 2006
Wall Street analysts are more bullish than ever about how big the gaming market in Macau could get, raising estimates a whopping 20 percent for near-term business. Experience from two years at Sands Macau and the opening of Wynn Macau have convinced analysts there should be an added $2 billion in the former Portuguese colony’s mass market by 2010.
A lot of that is attributable to longer-than-expected stays in a market unaccustomed to Las Vegas-style hotel-casinos. On the downside, some analysts are also cutting their 2010 estimates for high rollers by $1 billion, based on doubts the Cotai Strip will be an overnight success story.
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Posted in Economy, Gaming Articles, Las Vegas Casino, Las Vegas Sands, Macau Business, Macau Casino, Macau News, Melco Crown, STDM | SJM, Stanley Ho, Wynn Resorts No Comments »
September 19, 2006
An interview by famous Las Vegas podcaster Steve Friess on his The Strip Podcast website.
Sheldon Adelson talks freely about Steve Wynn. Do they like each other ……. Find out more in this interview with Sheldon Adelson
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Posted in Economy, Las Vegas Casino, Las Vegas Sands, Macau Business, Macau Casino, Macau News, Sands Macau, Venetian Macao, Wynn Macau, Wynn Resorts Comments Off
