The Macau Metro Monitor, January 17, 2012
MACAU NUMBER OF GAMING TABLES AND SLOT MACHINES DSEC
For the quarter ending December 31, 2011, there were 5,302 tables (77 less than the previous quarter) and 16,056 (156 more slots than the previous quarter).
MOCHA TO OPEN NEW SLOT PARLOUR Macau Business
Mocha Clubs will open its 10th club in Macau tomorrow. Located at Hotel Golden Dragon, the all-new venue operates 24 hours and occupies three floors.
BIG CHANGES AT CITY OF DREAMS Macau Business
According to a company source, City of Dreams is working on big changes, starting with a rebranding of the property. “The rebranding is still very secret but will go ahead this year,” the source said. Meanwhile, from February 5, City of Dreams’ signature restaurant Horizons will be closed for a two-month complete renovation. Horizons will have a new entrance and private dining rooms as well as a bar that will introduce guests to fine dining. City of Dreams is also targeting to open another Chinese restaurant in July to add to the existing ones.
SINGAPORE'S PRIVATE HOME SALES DROP TO LOWEST IN TWO YEARS Bloomberg
Singapore’s December private home sales dropped to the lowest in two years after the government imposed new taxes on house purchases. Private home sales in the island city fell to 632 units in December, the lowest since December 2009, according to data from the Urban Redevelopment Authority.
TOURIST PRICE INDEX FOR THE 4TH QUARTER 2011 DSEC
Macau's Tourist Price Index (TPI) for 4Q 2011 increased by 18.9% YoY to 128.1. 4Q TPI rose by 9.8% QoQ, of which hotel room rate soared substantially during the National Day, the Macao Grand Prix and Christmas holidays, driving up the price index of Accommodation by 30.4%.
CASH HANDOUT LIKELY IN APRIL Macau Daily Times
According to Rádio Macau, Secretary Tam said checks will start to be distributed at the beginning of 2Q 2012. This year, permanent and non-permanent residents will receive a cash handout of MOP 7,000 and MOP 4,200 respectively.