Macau has been steady. The shocking, unexpected government is the one in Washington.
Quotes about macau (10 Quotes)
This offering is not a complete surprise, reducing insider ownership and improving the liquidity of the stock. However, we find the timing of the sale interesting, ahead of the opening of Wynn Macau in the third quarter of 2006.
Macau is going to be a gold mine if the Chinese never take it over. And since Wynn can keep selling sublicenses in Macau, there's almost no way he can lose in the short run,
Even though the crackdown on North Korea's illicit banking activities in Macau demonstrated that China is not completely immune to outside pressures to rein in bad behavior, Beijing is unlikely to shut down the North's remaining banking activities.
Bally's growing slot machine business within Macau and throughout Asia -- along with serving a key Bally Systems customer, Sands Macau, and our Bally Table Management Systems (TMS(TM)) customer, Galaxy Entertainment Group -- prompted the opening of this office, which further demonstrates our commitment to the region while establishing Bally for future expansion throughout the Asia-Pacific market.
Macau is China's domestic market, ... don't care if you are Chinese, Indian, European, you are supposed to go to the buffet.
On (a more) personal basis, what is wrong with Mr. Ho He is, in fact, a papal awardee and one of the most respected businessmen in Macau.
Because of our current focus in Macau, our Board of Directors decided that any decision we make must enhance the vitality and future of Macau. Making it possible for PBL to enter was a positive and dynamic step toward upgrading and expanding the quality of investment in Macau. What's good for Macau is good for Wynn Resorts. This transaction was appealing from a financial perspective and most importantly sets the stage for other activities done in conjunction with PBL in Asia and around the world.
Expansion beyond Australia and Macau remains an important strategy.
As much as we think Las Vegas Sands shares will trade up as Macau continues to show strength we also note that the market's volatility is wide and investor and operator experience remains relatively low. Questions will likely linger about new supply impact and cause volatility in Las Vegas Sands shares ... but we continue to feel confident that Sands Macau can increase market share.