Hospitality Leaders Hospitality Leaders Menu 0
Google Translate
Casinos and gaming industry, Hospitality Industry News

Adelson optimistic on Macau

Profile Photo By: Steve Shellum
July 26, 2016

Adelson optimistic on Macau

Sheldon Adelson is optimistic recreational gamblers and tourists are spurring a recovery in Macau’s hard-hit casinos industry, as Las Vegas Sands Corp reported mass-market gaming revenue in the Chinese city rose in June for the first time in two years, Bloomberg reported.

Casino stocks have rallied in the past only to retreat after a turnaround to Macau’s two-year gambling downturn seemed elusive. The latest sign of a recovery comes as the former Portuguese enclave is in the midst of a casinos building boom, with the US$4.1 billion Wynn Palace scheduled to open on August 22 while Sands China’s US$2.7 billion Parisian project is slated to open on September 13.

News-Vorschläge

Uneingeschränkter Zugang

Erhalten Sie vollen Zugang zu Nachrichten aus Hotellerie und Gastgewerbe.

Jetzt anmelden. Kostenlos.
Oder importieren Sie Ihre Angaben aus