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Merrill Lynch (2005) predicts that gross gaming revenue in Macau will increase at a compound annual growth rate of 15.4% through 2009. Despite this euphoric projection, the trend toward mass market tourists coupled with the massive capacity expansion will mean that revenue per table will decline...
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With spectacular growth in demand since opening the market to foreign competition, executives within the Macau casino industry seem to have focused their attention to enhancing capacity and opening new casino properties. Meanwhile, the Singapore casino market is expected to overshadow that of...
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Gaming scholars the world over are in consensus about Macau's bright future as a gaming Mecca. Indeed, the events in Macau over the last three years have surpassed the expectations of even the most optimistic gaming observers. Tourist arrivals in Macau increased from around 10.3 million in 2001...
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