10/4 that and now up decently on 800K. I don't own but it but I am hoping it will give strength to MGM and MPEL that I do own. I am hoping it is a Macau turn around as Vegas is already solid
From Pre-market it appears that the Big 4 are prepared to take off this morning WYNN, LVS MGM and MPEL
Strong finish to July in Macau casino market: analysts http://www.ggrasia.com/strong-finish-to-july-in-macau-casino-market-analysts/
Hollywood film-themed park next to Macau in 2018: firm http://www.ggrasia.com/hollywood-film-themed-park-next-to-macau-in-2018-firm/
Macau GGR falls 4.5 pct y-o-y in July: govt Macau’s casino gross gaming revenue (GGR) for July fell by 4.5 percent year-on-year to MOP17.77 billion (US$2.22 billion), according to data from the city’s regulator, the Gaming Inspection and Coordination Bureau, also known as DICJ. It was the 26th straight month of GGR retreat measured in year-on-year terms. The July numbers mean that Macau’s accumulated GGR for the seven months to July 31 now stands at MOP125.56 billion, a fall of 10.5 percent on the same period in 2015. Judged month-on-month, the July 2016 tally showed an improvement of 11.9 percent. June had been the lowest monthly tally for Macau casino GGR since September 2010. http://www.ggrasia.com/macau-ggr-falls-4-5-pct-y-o-y-in-july-govt/
Gambling Stock Roundup: Macau Sales Drop Again, Nevada June Sales Up, Wynn Resorts' Q2 Earnings Beat Last week was quite an eventful one for the gambling industry with revenues in Macau for July plunging lesser than expected. Meanwhile, the Nevada Gaming Control Board announced an increase in revenues in the region in June. http://finance.yahoo.com/news/gambling-stock-roundup-macau-sales-140502716.html
Macau GGR growth to resume soon: analysts Several investment analysts covering the Macau gaming sector say they believe growth in the city’s casino sector could resume soon, ending a slump that started in June 2014. http://www.ggrasia.com/macau-ggr-growth-to-resume-soon-analysts/
Macau’s August GGR tracking at 3-pct decline: analysts Several investment analysts covering the Macau gaming sector say they believe growth in the city’s casino sector could resume soon, ending a slump that started in June 2014. The sector could benefit from the opening of two major new casino resorts – Wynn Palace from Wynn Macau Ltd and the Parisian Macao from Sands China Ltd – on August 22 and September 13 respectively. Casino gross gaming revenue (GGR) for August in the Macau market is tracking for a year-on-year decline of 3 percent, says Japanese brokerage Nomura. That would be the smallest year-on-year contraction since February, when the monthly tally was 0.1 percent down from the same month a year earlier. February included the typically strong trading period of the Chinese New Year holiday. http://www.ggrasia.com/macaus-august-ggr-tracking-at-3-pct-decline-analysts/
Macau gearing up for a increase in visitation for 2017. New Taipa ferry terminal operational Feb at earliest Macau’s new Pac On ferry terminal – located near the city’s airport on Taipa Island, and designed to bring mass-market tourists to the the large Cotai casino resorts nearby – should be ready to start operations “in six to nine months,” said the deputy director of the Marine and Water Bureau, Chou Chi Tak. That means the new Pac On ferry terminal would start operations by February 2017 at best. The infrastructure should be fully operational by May at the latest, said Mr Chou. He was speaking to local reporters during a visit on Wednesday to the new ferry terminal. The Marine and Water Bureau oversees maritime transportation in Macau. http://www.ggrasia.com/new-taipa-ferry-terminal-operational-feb-at-earliest/
