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- City of Dreams First Month in Business Following is City of Dreams first months opening analysis, as explained by our Expert IR, following recent media reports that,- “City of Dreams trumpeted the fact that VIP rolling-chip volumes were ramping up at US$1.94 billion, with US$730,000 coming in the fourth week, much stronger than the first three weeks....
Wynn Macau Nabs Fake Gaming Chips Gang Macau police have arrested six mainlanders at Wynn Macau and seized 38 highly sophisticated counterfeit gaming chips, each with a face value of HK$10,000 (US$1,250). The five men and a woman, aged from 22 to 63, had successfully passed off 16 of the chips - implanted with microchips - which...- Amax Reports 564% Profit From Macau Casinos Rolling Chips Consolidated net income for the six months ended 30 September 2008 amounted to HK$219 million, as compared to a loss of HK$51 million over the same period in the prior year. The Group recorded operating profit, excluding non-cash and non-operational charges, of HK$259 million from its continuing gaming and entertainment...
City of Dreams First Month in Business Following is City of Dreams first months opening analysis, as explained by our Expert IR, media reported that, City of Dreams trumpeted the fact that VIP rolling-chip volumes were ramping up at US$1.94 billion, with US$730,000 coming in the fourth week, much stronger than the first three weeks. However, there...
How Can Singapore IR & Casinos Compete For Business The Singapore IRs are categorized into two different packages in accordance with their respective strengths, namely, the Marina Bay Sands (MBS) will rely on their business convention theme as key driver for its casino –resort at the Marina Bay area. On the contrary the Resort World Sentosa (by Genting) will...
Singapore IR Casinos Profitability Maybe Doubtful Can the integrated casino resorts count on Singaporeans to gamble enough to make them profitable? Citi has doubts. To achieve US$1.56 billion in revenue each, both will have to attract a combined total of 31 million visitors annually. The $100 entrance fee is a sticking point as it could prevent...- Affiliate Casino Programs If you've ever played blackjack, craps, slots, or roulette before, then you know the tremendous advantage that the house has over you. In fact, you will lose money on every single one of those games in the long run because the odds just aren't in your favor. You can't expect...
- Melco PBL Makes First Time Profit on Crown Macau Melco PBL Entertainment (Macau) Limited, a developer and owner of casino gaming and entertainment resort facilities, reported unaudited financial results for the first quarter ended March 31, 2008. Net revenue for the first quarter of 2008 was US$482.9 million, up from US$179.8 million in the fourth quarter of 2007(1). The...
- Affiliate Casino Programs If you've ever played blackjack, craps, slots, or roulette before, then you know the tremendous advantage that the house has over you. In fact, you will lose money on every single one of those games in the long run because the odds just aren't in your favor. You can't expect...
- Globalysis Issues Forecast of Macau's 2007 Gross Casino Gaming Revenue Comment - As reported by Globalysis, it again proves that the Macau Casino revenues are and keep growing, they expect revenues to be up to USD$8BN in the year 2007. This must sound like music to the ears of Las Vegas Sands, PBL Melco and Steve Wynn whom are all opening new casinos in the...
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