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Old April 4th, 2012, 05:31 AM   #1
Yellow Fever
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Macau

Place Your Bets: Which Gambling Hot Spot Now Dwarfs Las Vegas?

With gaming revenue surpassing $33 billion last year, this new gambling destination makes Sin City bets look like chump change.


By Travis Hoium, The Motley Fool

If you thought Las Vegas was where the big gamblers went to play, you're behind the times. Vegas has been overtaken by the new hottest gaming location: Macau, China.

It wasn't always this way. Before Las Vegas Sands (LVS) opened Sands Macao in 2004, Stanley Ho had a monopoly over Macau's gaming. Corruption and mob activity were rampant. But when the government opened up the region to five new operators, the players started pouring in.

Las Vegas Sands made enough money in its first year there to pay for its first casino. (It's opening another major resort in the next few weeks.) Others soon followed -- Wynn Resorts (WYNN), Melco Crown (MPEL), Galaxy, and MGM Resorts (MGM) -- turning Macau into the center of the gambling universe.

In Vegas, They Play for Chump Change

High rollers are treated like royalty in Macau, as they are anywhere they go. But these VIP players bet big -- bigger than they do stateside. Baccarat's the big game in Macau, with the game generating in excess of 70% of the revenue in Macau casinos.

Today, Las Vegas is to Macau what Atlantic City is to Las Vegas. And at the current rate of growth, Macau will soon generate four times as much gaming revenue as the old gaming capital of the world very soon....

source:http://www.walletpop.ca/2012/04/02/p...6pLid%3D148490
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Old April 7th, 2012, 06:35 PM   #3
HK999
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Been to Macau (more often than I should have... ), been to Las Vegas. Liked both very much; both cities have a unique character.
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Old April 11th, 2012, 06:28 AM   #4
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MGM Casino by Azchael, on Flickr

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Altira Casino by Azchael, on Flickr

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Wynn Casino by Azchael, on Flickr

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從聖保祿教堂 看過去 by silviasweety, on Flickr

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整個走歐風路線 by silviasweety, on Flickr

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Old April 28th, 2012, 07:24 AM   #7
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Untitled by !!, on Flickr

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world cultural heritage by ojang jerry, on Flickr

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old town by ojang jerry, on Flickr

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specialty shop by ojang jerry, on Flickr

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church by ojang jerry, on Flickr

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Streets of Macau 澳門街頭 (Macau 澳門) by SKHO , on Flickr
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Old May 7th, 2012, 09:27 PM   #8
Yellow Fever
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Macau by verena.lugmayr, on Flickr

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Macau by verena.lugmayr, on Flickr

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Macau by verena.lugmayr, on Flickr

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Macau by verena.lugmayr, on Flickr

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Macau by verena.lugmayr, on Flickr

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Macau by verena.lugmayr, on Flickr

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Macau by verena.lugmayr, on Flickr

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Macau by verena.lugmayr, on Flickr
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Old May 29th, 2012, 04:41 AM   #10
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IMG_1282 by annalyn, on Flickr

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Macau Street by jpimen2, on Flickr

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A-Ma Temple by jpimen2, on Flickr

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29th May , 2012 by optus, on Flickr

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27th May , 2012 by optus, on Flickr

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25 May, 2012 by optus, on Flickr
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Old June 8th, 2012, 08:17 AM   #11
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Macau by j.taylor4888, on Flickr

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Macau by kriskaiee, on Flickr

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Old June 8th, 2012, 10:34 AM   #12
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Macau has really come a long way since my last visit in 1996....thanks for the magnificent photos Yellow Fever.
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Old June 9th, 2012, 08:42 AM   #13
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Thanks!

the last and only time I visited Macau I was only a kid.
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Old July 4th, 2012, 05:53 AM   #14
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Old July 20th, 2012, 06:40 AM   #15
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Old August 9th, 2012, 03:14 PM   #17
the glimpser
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Macau's gaming industry has certainly grown and has overtaken Las Vegas as the foremost gambling hotspot. Asia as a whole, is starting to see the potentials of casinos as a big revenue generator.

The Philippines has certainly joined the bandwagon and is expected to be one of the major gaming hubs in the region; though personally, I don't think it will be as big as Macau's gaming industry.

Presently, a $5B casino complex is being constructed in Manila Bay, to be developed by four different investors.


Quote:
Originally Posted by InfinitiFX45 View Post
MORE FUN EXPANDING IN ASIA; PH vital cog of Pacific gaming hub

by Albert Castro | Malaya | Monday | 09 July 2012

The world’s largest gaming investors see the Philippines as a vital part of the Pacific gaming hub that will sustain the success of their current investments in Macau. Macau gaming firm Melco Crown Entertainment Ltd said it will invest as much as $580 million (P25 billion ) in the Sy-led casino project, Belle Grande Manila Bay at Pagcor City.

The Belle Grande project is a $1 billion gaming complex rising at the government’s Bagong Nayon Entertainment Complex in Pasay City, commonly known as Pagcor City.

Melco, led by the Ho Family and Australian James Packer , in a disclosure with the Hong Kong Stock Exchange and the NASDAQ explained that the investment in the Philippines will enable it to expand faster in Asia.

The gaming moguls see Asia as the fastest –growing gaming region in the world. Melco cited as example Macau, where the company is currently focused.

It sees the Philippines catering to an increasingly affluent and growing Asian middle class who will be eager to check what the gaming and entertainment complex can offer.

Melco noted that the success of the Macau gaming and entertainment industry has to the proliferation of gaming hubs across Asia Pacific. It also noted that the Philippines being a popular tourist destination in Southeast Asia is an important link to the tourism markets of South Korea, Taiwan, Japan, and China.

Construction of Belle Grande began in early 2010 and is currently in full swing.

Source: http://www.malaya.com.ph/index.php/b...fic-gaming-hub
I'll share with you some of the developments planned / happening in Manila Bay:

Resorts World Bayshore (opening 2016)
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Originally Posted by b_two View Post
superimposing InfinitiFX45's photo with a google earth image of the rw bayshore site:


Last edited by the glimpser; August 9th, 2012 at 04:21 PM.
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Old August 9th, 2012, 03:28 PM   #18
the glimpser
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Bloomberry Resort's Solaire Manila (to open 1Q 2013)

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Originally Posted by Jose Mari View Post
Hey this looks awesome. Impressive architecture and great color choices.





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Originally Posted by poker.face View Post

from Solairemanila facebook
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Originally Posted by crossboneka View Post
1_Bloomberry Model by Citi Equities, on Flickr
[url=http://www.flickr.com/photos/40431385@N06/7472759540/]image hosted on flickr

Last edited by the glimpser; August 9th, 2012 at 04:20 PM.
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Old August 9th, 2012, 03:35 PM   #19
the glimpser
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Belle Grand (to open late 2013)

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Originally Posted by InfinitiFX45 View Post
[B][COLOR="blue"]

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Originally Posted by DCRJ View Post
Took this photo around 7:30am May 17, 2012 Thursday on my way to work.
SM Mall of Asia (World's 4th Largest Shopping Mall)

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MOA Panorama

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Mall of Asia Arena (opened middle of this year)

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Originally Posted by [dx] View Post



Last edited by the glimpser; August 9th, 2012 at 04:23 PM.
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Old August 9th, 2012, 03:51 PM   #20
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Okada Group's Manila Bay Resorts - Opening 2014-15

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Originally Posted by InfinitiFX45 View Post
TIGER RESORTS, LEISURE and ENTERTAINMENT's Manila Bay Resorts [mix] @ Paranaque City



Birds Eyeview of Manila Bay Resorts


Exterior View


Glass Dome


Casino Lobby
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Originally Posted by reyvil888 View Post
As of May 2012 Piling Works .

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