Daniela Wei, Bloomberg
The good news for Macau is the week-long Chinese New Year holidays brought nearly 900,000 visitors from the mainland. The bad news is many were day-trippers checking out a new bridge and leaving without spending much, or at all.
1 month ago
Daniela Wei and Bruce Einhorn, Bloomberg
Despite the economic uncertainties in China, more people are expected to travel both domestically and internationally during the Lunar New Year holiday. Sure, downturns will definitely hurt the sector — but as someone at InterActiveCorp/Expedia once said, travel is life.
2 months ago
Deanna Ting, Skift
You can bet the incredible brand recognition of the Caesars name will still prove to be a double-edged sword as Caesars tries to delve deeper into the non-gaming space.
2 months ago
Ian Sayson and Cecilia Yap , Bloomberg
Casinos are a tourism magnet and stricter rules to safeguard locals from gambling, and to keep other gambling ills at bay, are better than a complete ban. Look to Singapore as a good Asian example.
2 months ago
Daniela Wei, Bloomberg
Either Melco Chief Executive Officer Lawrence Ho knows something most other people don't about the Macau market or he's spinning a tale.
2 months ago
Edvard Pettersson, Bloomberg
There are only so many ways you can design a mega resort on a small piece of land so it appeals to the Vegas visitor.
3 months ago
Daniela Wei , Bloomberg
Gaming development on Hainan Island could have an impact on Macau, Singapore, and soon, Japan.
9 months ago
Joe Nocera, Bloomberg
Bloomberg columnist Joe Nocera adds up the victories by Steve Wynn's ex-wife Elaine as she attempts to clean up Wynn Resorts. He rightfully calls her a shareholder activist who breaks the mold because she doesn't have a cut-and-run mindset. Now there's a model for others to follow.
10 months ago
Christopher Palmeri, Bloomberg
So maybe MGM isn't buying all of Wynn Resorts, but hoping to settle for a piece of it in Boston?
12 months ago
Angus Whitley, Bloomberg
Las Vegas likely isn't a huge draw for the Chinese gambler crowd, but a looming U.S.-China trade war won't hurt Australia's prospects of attracting more Chinese high-rollers.
1 year ago
Daniela Wei and Bruce Einhorn, Bloomberg
The new license was going to be tough, and Wynn's behavior would have been a factor. The hotel giant needs to make sure it has serious and talented management in place now that he's gone – he can't be secretly operating behind the scenes.
1 year ago
Daniela Wei, Bloomberg
More money from gamblers and less attention being paid to corruption is very good news for the city.
1 year ago