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TrippingMacau : Chuck's Macau Trip Blog

The boss sent Chuckmoster to Macau to see what the deal was with Asia's Las Vegas. He returned smitten and poured his love it into creating the world's first guide to Macau casinos. This is his blog.


Macau Takes Some Bets Off The Table


» posted by Dramman
  on 30 Aug 2010

A large theme this summer in Macau has been decreasing the role of gaming in the economy. I think this drive is one of the reasons for the recent Taiwanese visit to the SAR. It gave Macau a bit of non-gaming news for once. The move is kind of odd for a place that once billed itself as the Vegas of Asia, a city, arguably, founded on gaming and proud of it.

The details can be found in this article that came out in the spring. In short Macau will only allow 500 more gaming tables, yet the casinos to be opened up next year are designed for 1,300, or 800 tables short. This leads to another problem. The casinos are being developed by two companies, Galaxy Entertainment and Las Vegas Sands Corp., officially dividing the limited tables to them will be a whole bailiwick of hurt feelings and bad press.

There is talk that some Cotai projects might be stalled as part of this refocus - trouble for Wynn, MGM, and SJM parcels that have yet to break ground. In the alternate reality known as Macau, this strangely raises the value of the "under construction" Macao Studio City complex, a three years abandoned plot containing podium pilings for an assumedly approved building. Selling it to one of the potentially jilted three, or calling Mr. Loveman to shore up its chronically poor finances, might be a perfect exit strategy for non-starting owners eSun Holdings.

So if you are a Sands or Galaxy, what will you do with the limited amount of tables allowed? All that space and few tables to put in them. My thoughts order from best to worst for the operator.

1. A change of heart - Macau gaming regulators simply change their minds and up the table limits, or at least to accommodate the soon to be completed casinos. This would have to be multi-month project however, and may not happen before openings. Look for statements from the government about how vital gaming is to Macau if this is to happen.

2. Rush to get tables in now to meet the quota - In this cold war like scenario each casino adds tables now in existing casinos, profitable or not, to quickly grab their share of the of the table quota. This may include removing slots. No clear edge here I think. Sands had yet to fill the entire casino floor of the massive Venetian. Meanwhile Galaxy's regal yet forlorn lady, the Grand Waldo, sits almost deserted at the wrong end of Cotai.

3. Moving existing tables - This is somewhat in connection with the above, but there are some tables just not being properly used know. Really what I am talking about here is whole floors of seldom visited tables in Uncle Sheldon's Box of Baccarat.

4. Converting existing tables - How about mini-baccarat tables that serve 10 instead of 8? Or full tables, which take more floor space, staff, and players? More disturbing for your dice-fondling writer, conversion of table games, like craps, to the ever popular and ubiquitous mini-baccarat tables.

5. Robotic games - When is a table not a table? When its virtual! I do not believe video-simulated dealing games count as a "table" under the quota. We might see an explosion of these electronic games. Macau might give these systems their first real test outside the handful of places in the US and other places. In a few years, you might be thanking Mr. Roboto at the end of your day in Macau.




Macau's New Visa Problem

» posted by Dramman on 29 Aug 2010

Macau Visa Problem

Local economy got you down? Tired of the double-digit unemployment in your home economy? Don't like living in those freezing winters? Well my friend, move to sunny Macau. The subtropical climate creates an endless stream of beach weather. More importantly, the unemployment rate is already a low 2.9% . Plus, the casino companies have restarted their major projects. Sands and Galaxy are working on their mothball projects. Wynn and MGM are beginning to get serious and plan for their Cotai resorts. Come work in Macau! Oh wait you can't, your not Macanese.

The Macau SAR government is getting rather picky who people hire in the current boom. This is a familiar theme for Casino operation, as companies were required to hire Macau residents for many jobs, particularly in operations. Yet the problem is stretching to other areas. The SAR has cut their foreign workers by a third over the past two years.









Welcome Dramman!

» posted by Chuckmonster on 27 Aug 2010

I've been hoping for a long time that this day would come. We've finally managed to wrangle long time MacauTripping contributor Dramman to join our staff as dedicated Macau/Cotai correspondent.

As many of you know, Dramman (short for Drambuie Man) witnessed the growth of Macau's casinos from SJM monopoly to the fantastic growth of 2007 and the busts of the last few years. He was one of the first heavy craps players to be rated at Macau's tables and was one of the first visitors to the Venetian, Wynn Macau, MGM Grand and City of Dreams.









Harrah's Macau Strategy

» posted by Chuckmonster on 8 Jun 2010

Harrah's Entertainment Asia boss Michael Chen, who by all accounts is little more than a golf pro at the Cotai Country Club, has unveiled Harrah's strategy to get into the lucrative Macau gaming market.

Patience.









Sands Macao Steals Playboy From Macao Studio City

» posted by Chuckmonster on 1 Jun 2010

Yet another partner has abandoned the mud sunken ship of Macao Studio City, Playboy Enterprises.

According to Market Watch, Playboy Enterprises has partnered with Sands Macao to open a Playboy branded club on the top level of Sheldon's 'Box Of Baccarat.'









New Macau Feature Posted : Encore at Wynn Macau Photo Review

» posted by Chuckmonster on 5 May 2010

MacauTripping's roving reporter/photography master Ace Macau spent the night at Encore at Wynn Macau last week and brought back this tremendous photo review of Wynn's latest masterpiece.

Check it out here: Encore at Wynn Macau Unveiled.









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Recent Comments:

alby22 posted: "Yes and the Macau government is dumbing down the population with their rules. Where the kids would once continue onto..."
» on Macau's New Visa Problem ...
Chuckmonster posted: "you are a certified freak...."
» on Sands Macao Steals Playboy From...
Dramman posted: "Macau Studio City? Come on Chuck, now your just making up Macau projects! Nice touch to add a whole website..."
» on Sands Macao Steals Playboy From...
Dramman posted: "Came close to my Macau music. I usually like listening to "life during war" as I get of the ferry...."
» on Encore Grand Opening Fireworks (Video)...
Vanquish73 posted: "and his new girlfriend looks pretty pissed. I bet she's not vary happy to move to Macao........."
» on Encore Grand Opening Fireworks (Video)...
Vanquish73 posted: "Oh boy....the guy is seriously blind now. I feel sorry for him...."
» on Encore Grand Opening Fireworks (Video)...
Kagehitokiri posted: "odd thought > chairs resemble those at kennedy center terrace restaurant http://www.kennedy-center.org/images/homepage/RA_Slide_1.jpg steve and elaine are reasonable donors, and steve is on the..."
» on Encore at Wynn Macau Opens...
parchedearth posted: "Another classic Steve-o property. Not sure I like the furniture in the lobby - Lime green? Wrong chairs in..."
» on Encore at Wynn Macau Opens...



About:

The boss sent Chuckmonster to Macau to bring back the scoop on what Asia's Las Vegas is all about. Follow along as Chuck deals with all the questions, logistics, travel issues, language barriers, hotel construction stuff, the lack of craps tables and all the other obstacles that any/every Macau and Cotai tripper might have to deal with.

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