Macau Visitor Arrivals Up Nine Percent in 2018 First Quarter
Macau visitor arrivals totaled a lot more than 8.5 million into the first quarter of 2018, an 8.6 percent increase in the same period that is three-month 2017.
Mainland residents that are chinese flocking to Macau.
March ended up being an exceptionally strong period, as tourism traffic jumped more than nine percent due to the thirty days having an extra Saturday in 2018 compared to the past year. Visitor arrivals totaled 2.7 million, which is an 11 % fall from February due to that month hosting the all-important Golden Week holiday.
Visitation from Mainland China was up almost 10 percent last thirty days, and 13.4 per cent in the quarter that is first.
The Macau Statistics and Census provider report is welcomed news to casino operators that continue to look to increase mass market visitation to the video gaming enclave.
Gross gaming income (GGR) has followed the visitation trend. Income from games of fortune are up 20.5 percent through March. China’s gaming enclave has now posted 21 consecutive months of positive gains.
Following three years of annual GGR declines between 2014 and 2016 due to Chinese President Xi Jinping’s anti-corruption campaign being extended to VIP junkets, casino operators began rethinking their focus to a lot more of the population that is general.
As the VIP has reigned supreme for years and it is responsible for transforming Macau from a sleepy hallow into the planet’s richest gaming hub, gambling enterprises not any longer desire to entirely depend on the high roller to help keep profits robust.
Mainland China and Hong Kong is in charge of significantly more than 85 percent of the traffic to Macau. Showing a growth in visitation from the mainland through 1st three months of 2018, without an obvious surge in junket activity, means resorts are effectively enticing more regarding the mass market.
‘Mass demand is growing to record highs,’ analysts at JP Morgan said week that is last. ‘The pace that this data recovery is occurring without any discernible rise in advertising recommends it’s a genuine demand recovery, not artificially pulled forward.’
Macau officials are hoping infrastructure improvements assists in future growth. Along side a new ferry terminal near the Cotai Strip, the 2018 summer opening of the multibillion-dollar mega bridge that may reduce automobile travel time from Hong Kong to Macau from four hours to just 45 mins should bring new people to the enclave.
Gross gaming income and Macau visitor arrivals are both up in 2018 with one quarter of the year into the books.
Macau Travel Industry Council President Andy Wu Keng Kuong told local news agencies this week that the Special Administrative Region (SAR) government needs to prepare yourself to handle large amounts of visitors 356 days a year, as compared to only at peak times like Golden Week.
‘We don’t foresee there would be a jump within the amount of tourists coming last weekend’ Wu told the Macau Information Agency. ‘Related government departments should study more data in purchase to better organize and plan the development of tourists.’
Wu believes room rates during major vacations, that are of course at premium levels, has some mainlanders postponing their trips to off-peak times such as mid-April.
The travel industry president is urging the federal government to improve border crossing procedures, and look to purchase new transportation that is public.
UFC Fight Night Delivers Knockout Win for Atlantic City
Saturday’s UFC (Ultimate Fighting Championship) Fight evening event at Boardwalk Hall delivered a showing that is strong the Atlantic City economy, as 9,541 fans stuffed in to the arena generating a gate of $923,720.
Kevin Lee (left) defeated Edson Barboza in the headlining fight at UFC Fight Night 128 in Atlantic City. (Image: Noah Murray/USA sports today)
The New Jersey Casino Reinvestment Development Authority (CRDA) struck a $4 million handle William Morris Endeavor (WME) in July 2017 to bring events that are large the beachfront town. CRDA officials praised Saturday’s UFC showing.
‘Our partnership with WME is approximately bringing offseason destination events to Atlantic City, and the UFC Fight Night event did not disappoint,’ CRDA Executive Director Christopher Howard declared to the Press of Atlantic City. ‘These events will continue to draw people to Atlantic City and display Boardwalk Hall.’
Mayor Frank Gilliam (D) called UFC Fight 128 a ‘great success. evening’ City Council President Marty Small stated UFC was a win for the whole economic community, and believes the 2018 summer is critical towards the future of Atlantic City.
Saturday was the UFC https://gamblingprofessors.com/ that is first fight Boardwalk Hall since 2005.
Pay to Play
The CRDA’s $4 million re payment to WME requires the Beverly Hills talent agency and UFC parent business to bring a few alleged ‘destination events’ to Boardwalk Hall or the Atlantic City Convention Center.
Destination activities are concerts and attractions that bring outside visitors to Atlantic City who are typically required to pay the evening at casino resorts.
WME has three events that are future for Boardwalk Hall. They’re the Professional Bull Riders (PBR) Tour Unleash the Beast that operates September 14-16, Bear Grylls Survival Challenge (October 12-14), while the Basketball Hall of Fame Quadruple Header on December 15.
The CRDA also has entertainment contracts with Live country and Comcast NBC-Universal. Live Nation was responsible for last summer’s beach concert show that brought musicians Pink and Brantley Gilbert to Atlantic City, and a combined 70,000 fans.
Lloyd D. Levenson Institute of Gaming Executive Director Rummy Pandit believes it’s really a strategy that’s working.
‘The presence of sporting events like the UFC fight includes a synergistic impact for the entire city, generating financial activity which impacts many local businesses from meals and beverage to lodging,’ Pandit stated. ‘As New Jersey moves closer to offer legal sports wagering, the synergy between live sporting events and gaming probably will develop even stronger and have an even greater affect the regional economy.’
Summer doesn’t formally begin until June 21, but things seem to be heating in Atlantic City. With at the least two casinos that are new to start into the coming months, there’s much enthusiasm around town.
Hard Rock Atlantic City, the former Trump Taj Mahal that’s being converted into a rock ‘n’ roll-themed resort at a cost of $500 million, is set to June that is open 28. The business claims it’s focused on entertainment, not gaming, and it has unveiled 60 of its 300 planned concerts in its first year of operation.
Hard Rock headliners include Blake Shelton, Florida Georgia Line, Third Eye Blind, Steely Dan, and Kid Rock.
The shuttered Revel is additionally slated to open this summer as Ocean Resort Casino. The Showboat, which happens to be a hotel-only property, is mulling reopening its casino floor, too.
Crown Resorts Hit with More Accusations of Slots Tampering
Australia’s Crown Resorts is dealing with new accusations of video slot tampering at its flagship Crown Melbourne Casino.
Long-time scourge for the Australian gambling industry Andrew Wilkie thinks Crown Resorts’ gaming license should not be renewed until all slots-tampering allegations have been thoroughly investigated. (Image: The Examiner)
Longstanding anti-gambling lawmaker and perennial Crown Resorts adversary Andrew Wilkie announced this week he was in fact approached by a former VIP customer at the casino who claimed staff had provided her with ‘small plastic picks’ to stick to the gaps between gambling buttons on slot machines. These were used to help keep the buttons depressed, enabling automatic and continuous play.
The lady also stated the casino issued her with multiple loyalty cards so she could earn loyalty points playing multiple machines at once.
Based on the Sydney Morning Herald, under Victorian video gaming law, slots with non-stop spins are permitted in some specially designated areas associated with casino, but tampering with devices that has to pass strict regulatory scrutiny could be up against the law. For Wilkie, though, there’s absolutely no doubt.
‘we have raised [the allegations] utilizing the VCGLR (Victoria state gaming regulator) personally earlier today,’ he told SMH. ‘ And I also have also written to the principle commissioner of Victoria Police and recommended police additionally need to look at these matters, because if these matters are real, they could be unlawful.’
Previous ‘Button Blocking’ Accusations
In March, the VCGLR announced it would commence disciplinary procedures against Crown after finding proof of ‘button blocking’ at the Crown Casino Melbourne.
The regulator’s research was prompted by the allegations of three ‘anonymous whistleblowers’ all ex-Crown workers who testified to Wilkie they had been ordered to ‘shave down’ gambling buttons on slots so customers could jam them in and gamble non-stop. The whistleblowers also claimed they were instructed to get rid of, or ‘blank out,’ specific low betting options on the machines.
Crown countered that between March and April 2017 it had carried out a trial that is three-week 17 of the casino’s 2,628 slot machines. The operator said it did maybe not seek approval that is regulatory the trial because it didn’t violate any gambling laws and regulations.
Nevertheless, these are unwanted allegations for Crown Resorts at time when its permit is up for review. Wilkie said he believes there is ‘no way the license should be renewed until all the allegations were fully examined’.
‘If Crown is found to be guilty of any offences in regard to some of the in-patient allegations, then I think a cloud hangs over the renewal of these permit,’ he added.