Articles tagged “macau”

Steve Wynn Is Betting $4.2 Billion on His Latest Casino Resort

Is there still demand for these mega resort-casinos in Macau? We'll see soon after the opening of Wynn Palace and The Parisian this fall.

2 months ago

Steve Wynn Got Fewer Tables For New Macau Resort in Government Crackdown

Wynn is still keeping its sights set on Macau even as the local government has become more aggressive in limiting gambling growth and cracking down on corruption. If Wynn is looking for even more expansion in the long-term, Macau may not be the best place to look.

2 months ago

Profits in Vegas Give MGM Resorts a Second Quarter Boost

MGM Resorts is smart to diversify its portfolio throughout the U.S., and not just to concentrate it in major gaming destinations like Vegas and Macau.

3 months ago

Macau Sees Better Than Expected Gaming Revenues in July

Macau's challenged gaming and tourism industry needs as many good signs as it can get, especially as the destination prepares to welcome two of its newest and biggest developments in the next few months.

3 months ago

Macau Casinos Think the Return of VIP Gamblers Could Mean a Resurgence

Macau is going where the money is with VIP gamblers but it's anyone's guess whether that will end up paying off for the city.

4 months ago

Tourists Are Helping Macau’s Casinos Bounce Back

This is certainly welcome news for Wynn and Sands, both of which have mega resort-casinos opening in Macau later this year.

4 months ago

Wynn Resorts Expanding in Macau Despite Falling Profits from China Clampdown

Wynn Resorts, Las Vegas Sands and MGM Resorts all intend to expand in Macau despite strong signals that the boom times may be over, for now at least. It might be time to rewrite the playbook.

7 months ago

Macau Casino Giant Bets on an Avatar-Like Theme Park

It'll be interesting to see if this family-friendly theme park can compete with Disneyland Shanghai--or Disneyland Hong Kong--for that matter.

7 months ago

Wynn Resorts’ Strong Earnings in Vegas Helps Offset Macau Drop

There are plenty of wealthy Chinese travelers and gamblers with pockets full of cash to spend, as Wynn put it, even as the Chinese economy sees a slow down. Signs already point to Macau's casinos bottoming out and bouncing back.

8 months ago

Starwood Is Helping Create Macau’s Emerging Meetings Market

Macau is an example of an emerging meetings destination that will see U.S. market growth on the backs of its U.S. hotel partners like Sheraton and St. Regis, but the challenges are significant due to the region's reputation as the "Las Vegas of the East."

1 year ago

The World’s Best Travel Videos of 2015 Emphasize Place and Emotion

All of these videos do a good job of immersing the viewer in the travel experience, but what makes them stand out is how they connect with the viewer on an emotional level.

1 year ago

Macau Bets $27 Billion that Hotel Boom Can Reverse Law of Supply and Demand

Macau is playing a very dangerous game and it is courting economic disaster.

1 year ago