Saturday, April 13, 2024

Tag: Cotai Strip

Wynn Palace vs The Parisian: A tale of two recoveries

ICR - Wynn Palace Sands CHina Macau
Macau is certainly bouncing back yet analysts have been divided over which cohort is driving the recovery. A comparison of first quarters for Wynn Palace and Sands China is perhaps the clearest indication that VIPs are still doing the lion’s share of the leg work.   It seems the good news just won’t let up from China’s casino city-on-sea. Gaming yield...

Short-term prospects “grim” in Macau, says GMA Asia chief

Casino Review Shaun McCamley consultancy Global Market Advisors
Shaun McCamley of consultancy Global Market Advisors maintains that Macau’s operators need to “think outside the box” or face continued frustration on the Cotai Strip.   With the announcement that gaming revenue had actually climbed (albeit marginally) in Macau last month – a two-year slump of consecutive decline for the city’s casino trade finally came to an end. At least on paper,...

150 casino tables for Adelson’s Parisian Macao

Casino Review Parisian Macao
Sand Corporation’s Parisian Macao, the second of the latest wave of big-budget openings on the Cotai Strip, has been granted an upper table limit of 150 units – which are earmarked specifically for the mass-market.   In a move shadowing its treatment of the Wynn Palace Resort, the government of Macau has awarded the Sands Corporation’s soon-to-be-opened Parisian Macao property a total...