Las Vegas Review Journal – Anytime the investment community gets downwind of a potential hiccup in the Macau gaming market, a slash-and-burn mentality sets in. The victims are often MGM Resorts International, Las Vegas Sands Corp. and Wynn Resorts Ltd. The Las Vegas-based companies have subsidiaries listed on the Hong Kong Stock Exchange and those stock prices usually take a beating. Sometimes, the companies’ share prices on the New York Stock Exchange and Nasdaq suffer collateral damage. In April, skittish investors worried about deteriorating liquidity in the high-end wagering credit market. A month earlier, it was fear that gamblers would…

Forbes – Macau’s metamorphosis from gamblers’ guide footnote into the global gaming capital booking seven times the casino revenue of Las Vegas has inspired countries across Asia to try their own luck. From South Korea to Sri Lanka, there are gaming venues and big plans for more. While every government wants to duplicate the dollar figures of Macau, the model most follow is made in Singapore. Singapore awarded two casino licenses in 2006, following an unusually contentious pubic debate, with the goals of boosting visitor arrivals and adding what Prime Minister Lee Hsien Loong called the “X factor” found in…

From Business Week – Sands China Ltd. (1928), the Macau casino operator controlled by billionaire Sheldon Adelson, said second-quarter profit more than tripled as it added gambling tables and hotel rooms to draw more visitors. Net income for the Hong Kong-listed unit of Las Vegas Sands Corp. increased to $487.6 million from $160.5 million a year earlier, according to its parent’s filing in U.S. GAAP standard today. Revenue climbed 40 percent to $2.07 billion from $1.48 billion. Sands China, Galaxy Entertainment Group Ltd. (27) and Melco Crown Entertainment Ltd. (MPEL:US) have been expanding on the Cotai Strip, a piece of…