THE M3: MGM COTAI; JUNKET MOVEMENT; JUNE VISITATION; TAIPA FERRY TERMINAL; S'PORE Q2 HOME PRICES

The Macau Metro Monitor, July 22, 2011

 

 

MGM COMPLETES DESIGN PLAN FOR COTAI Macau Daily Times, Macau Business

President of MGM Grand Paradise Grant Bowie said MGM has finished the blueprint for its Cotai project and that it will include non-gaming elements used to complement with the Macau government's standards for an integrated resort hotel.  The applications are still being approved and Bowie said MGM will respect the government's decision.

 

VIP OPERATOR MOVES TO GRAND LISBOA Macau Business

Junket operator Golden Way has moved to Grand Lisboa from Sands Macau.  The company’s marketing manager, Kenneth Cheng, said the new location, in the city centre, was more convenient.  In Grand Lisboa, the junket operator will run 21 VIP gaming tables, more than double of what it ran in Sands Macao.

VISITOR ARRIVALS FOR JUNE 2011 DSEC

Visitor arrivals totaled 2,181,476 in June 2011, up by 14.5% YoY.  Visitors from Mainland China increased by 21.7% YoY to 1,198,754 in June 2011, and the majority came from Guangdong Province, Fujian Province and Zhejiang Province.  Mainland visitors traveling to Macau under the Individual Visit Scheme totaled 465,218, up by 23.2%.

 

THE M3: MGM COTAI; JUNKET MOVEMENT; JUNE VISITATION; TAIPA FERRY TERMINAL; S'PORE Q2 HOME PRICES - macauV

 

TAIPA TEMPORARY FERRY TERMINAL IN NEED TO EXPAND Macau Daily News

The Office for the Development of Infrastructure says the Taipa Temporary Ferry Terminal is in need for expansion in order to turn Macau into a world‐class tourism and leisure center and cater to the continuing increase of tourist arrivals.  The terminal was designed to handle a maximum of 6MM visitors on an annual basis, and visitation had been over 4MM from Jan-May 2011.  The terminal is expected to cover 200,000 square meters, which is four times bigger than the current space.

 

S'PORE PRIVATE HOME PRICES UP 2% IN Q2 Channel News Asia

According to statistics from the Urban Redevelopment Authority (URA), private home prices in Singapore rose 2% QoQ.

 


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