Macau Visitor Arrivals Up Nine Percent in 2018 First Quarter
Macau visitor arrivals totaled more than 8.5 million within the first quarter of 2018, an 8.6 percent increase on the same three-month period in 2017.
Mainland Chinese residents are flocking to Macau.
March ended up being an exceptionally strong period, as tourism traffic jumped more than nine per cent due towards the thirty days having an extra Saturday in 2018 set alongside the past year. Visitor arrivals totaled 2.7 million, which is in fact an 11 percent drop from February due to that month hosting the Golden Week that is all-important holiday.
Visitation from Mainland China was up almost ten percent final month, and 13.4 per cent within 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 gaming enclave.
Gross video gaming revenue (GGR) has followed the visitation trend. Income from games of fortune are up 20.5 percent through March. China’s gaming enclave has now published 21 consecutive months of good gains.
After 36 months 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 started gamblingprofessors.com rethinking their focus to more of the population that is general.
Although the VIP has reigned supreme for decades and it is responsible for transforming Macau from a sleepy hallow into the entire world’s richest gaming hub, gambling enterprises no longer want to entirely depend on the high roller to help keep revenues robust.
Mainland China and Hong Kong is in charge of more than 85 percent of the traffic to Macau. Showing a rise in visitation from the mainland through the very first three months of 2018, with no apparent rise in junket activity, means resorts are successfully enticing more of the mass market.
‘Mass demand is growing to record highs,’ analysts at JP Morgan said week that is last. ‘The pace that this recovery is happening without any rise that is discernible promotion indicates it’s a genuine need recovery, perhaps not artificially pulled forward.’
Macau officials are hoping infrastructure improvements assists in future growth. The 2018 summer opening of the multibillion-dollar mega bridge that will reduce auto travel time from Hong Kong to Macau from four hours to just 45 minutes should bring new visitors to the enclave along with a new ferry terminal near the Cotai Strip.
Gross gaming revenue 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 news that is local this week that the Special Administrative Region (SAR) government needs to be prepared to manage large amounts of visitors 356 days a year, as compared to only at peak times like Golden Week.
‘We don’t foresee there is a jump into the amount of tourists coming weekend that is last Wu told the Macau News Agency. ‘Related government departments should study more data in order to better organize and prepare for 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 government to enhance border crossing procedures, and look to buy new transportation that is public.
UFC Fight Delivers Knockout Win for Atlantic City night
Saturday’s UFC (Ultimate Fighting Championship) Fight evening occasion at Boardwalk Hall delivered a strong showing for 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 TODAY Sports)
The nj-new Jersey Casino Reinvestment Development Authority (CRDA) struck a $4 million handle William Morris Endeavor (WME) in July 2017 to bring large events to 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 visitors to Atlantic City and showcase Boardwalk Hall.’
Mayor Frank Gilliam (D) called UFC Fight evening 128 a ‘great success.’ City Council President Marty Small stated UFC was a win for the whole economic community, and believes the 2018 summer time is critical towards the future of Atlantic City.
Saturday was the UFC 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 moms and dad company to bring a few so-called ‘destination events’ to Boardwalk Hall or the Atlantic City Convention Center.
Destination occasions are concerts and tourist attractions that bring visitors that are outside Atlantic City who are typically required to spend the night time at casino resorts.
WME has three events that are future for Boardwalk Hall. These are typically the Professional Bull Riders (PBR) Tour Unleash the Beast that runs 14-16, Bear Grylls Survival Challenge (October 12-14), and the Basketball Hall of Fame Quadruple Header on December 15 september.
The CRDA also has entertainment contracts with Live Nation and Comcast NBC-Universal. Live Nation was responsible for last summer’s beach concert series 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 is a strategy that’s working.
‘The existence of displaying events like the UFC fight features a effect that is synergistic the entire city, generating economic task which impacts many local businesses from meals and beverage to lodging,’ Pandit stated. ‘As New Jersey moves closer to provide legal sports wagering, the synergy between live sporting events and gaming will probably grow even stronger and have an even greater affect the local economy.’
2018 Summer Time
Summer doesn’t officially begin until 21, but things are already heating up in Atlantic City june. With at the least two casinos that are new to open into the coming months, there’s much enthusiasm around town.
Hard Rock Atlantic City, the previous Trump Taj Mahal that’s being converted into a rock ‘n’ roll-themed resort at a price of $500 million, is set to open June 28. The organization claims it’s focused on entertainment, not video gaming, and 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 also slated to open come early july as Ocean Resort Casino. The Showboat, which is currently 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 slot machine tampering at its flagship Crown Melbourne Casino.
Long-time scourge for the Australian gambling industry Andrew Wilkie believes Crown Resorts’ gaming license shouldn’t be renewed until all slots-tampering allegations have now been thoroughly investigated. (Image: The Examiner)
Longstanding lawmaker that is anti-gambling perennial Crown Resorts adversary Andrew Wilkie announced this week he was approached with a former VIP customer at the casino who claimed staff had provided her with ‘small plastic picks’ to stick to the gaps between betting buttons on slots. These had been used to help keep the buttons depressed, allowing for automatic and continuous play.
The girl additionally stated the casino issued her with multiple loyalty cards so she could make loyalty points while playing machines that are multiple once.
Based on the Sydney Morning Herald, under Victorian gaming law, slots with non-stop spins are permitted in a few specially designated areas associated with casino, but tampering with machines that has to pass strict scrutiny that is regulatory be against the law. For Wilkie, though, there is absolutely no doubt.
‘I have raised [the allegations] aided by the VCGLR (Victoria state gaming regulator) personally earlier today,’ he told SMH. ‘ And I have also written to the main commissioner of Victoria Police and recommended police also need to look at these matters, because if these matters are real, they would be unlawful.’
Previous ‘Button Blocking’ Accusations
In March, the VCGLR announced it would commence disciplinary procedures against Crown after finding evidence of ‘button blocking’ at the Crown Casino Melbourne.
The regulator’s investigation was prompted by the allegations of three ‘anonymous whistleblowers’ all ex-Crown employees who testified to Wilkie they’d been bought to ‘shave down’ wagering buttons on slots so customers could jam them in and gamble non-stop. The whistleblowers also claimed they were instructed to eliminate, or ‘blank out,’ certain betting that is low on the machines.
Crown countered that between March and April 2017 it had conducted a three-week trial on 17 of the casino’s 2,628 slot machines. The operator stated it did not seek approval that is regulatory the trial because it didn’t violate any gambling regulations.
Nevertheless, these are unwelcome allegations for Crown Resorts at a right time when its permit is up for review. Wilkie stated he believes there is ‘no method the permit should be renewed until all the allegations have already been completely investigated’.
‘then i think a cloud hangs over the renewal of their license,’ he added if Crown is found to be guilty of any offences in regard to any of the individual allegations.