{"id":3019,"date":"2010-05-03T13:47:06","date_gmt":"2010-05-03T21:47:06","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=3019"},"modified":"2010-05-03T13:47:50","modified_gmt":"2010-05-03T21:47:50","slug":"macaos-best-month-ever","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/macaos-best-month-ever\/","title":{"rendered":"Macao’s best month ever"},"content":{"rendered":"

\"\"Pace<\/em> T.S. Eliot<\/strong>, April was not the cruelest month for Macao<\/strong>. Quite the contrary: The protectorate posted gambling revenues of $1.72 billion, a single-month record. Galaxy Entertainment<\/strong> (whose new Cotai Strip\u2122<\/strong> pleasure palace is pictured, above) brought up the rear, along with MGM Grand Macau<\/strong>. Even if Stanley Ho<\/strong> is really on his deathbed, his Sociedade de Jogos de Macau<\/strong> continues to pull market share away from Las Vegas Sands<\/strong> in tiny increments. For April, SJM’s market share was 33% to Sands’ 21%. Wynn Resorts<\/strong> continues to get the most bang per gaming position, its 14% of market share good for third place, edging Melco Crown Entertainment<\/strong>‘s 13%.<\/p>\n

Due to technical difficulties<\/strong>, we had to remove an earlier posting about a proposed Macanese law that would effectively put a brake on casino development without explicitly doing so. To quell unrest over imported labor, the edict — if passed — would impose a 1:1 ratio on the number of construction workers who could be brought from the Mainland vis-a-vis<\/em> Macanese laborers. This would max out Sands’ labor pool at 4,000 workers … and it needs 10,000 in order to meet Sheldon Adelson<\/strong>‘s aggressive development schedule.<\/p>\n

Between this an a report that 4\/5 of the table games still unallocated will go to Hong Kong<\/strong>-based Galaxy, it looks as though Peking<\/strong> is trying to tilt the playing field just a bit toward the home team. Considering that Galaxy was hitched to Sands in a government-arranged shotgun wedding, then jilted by Adelson, it won’t begrudge any gains that come its way at Sands’ expense.<\/p>\n","protected":false},"excerpt":{"rendered":"

Pace T.S. Eliot, April was not the cruelest month for Macao. Quite the contrary: The protectorate posted gambling revenues of $1.72 billion, a single-month record. Galaxy Entertainment (whose new Cotai Strip\u2122 pleasure palace is pictured, above) brought up the rear, … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[28,14,22,96,94,62,93,11,25,12,61,32],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/3019"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=3019"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/3019\/revisions"}],"predecessor-version":[{"id":3022,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/3019\/revisions\/3022"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=3019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=3019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=3019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}