THE M3: FEWER S'PORE LOCAL CASINO VISITORS; OKADA; MACAU VISITATION; S'PORE CPI

The Macau Metro Monitor, February 23, 2012

 

 

DROP IN LOCAL GAMBLERS VISITING RWS AND MBS CASINOS IN 2011 Strait Times

Some 200,000 Singaporeans visited the two casinos here in 2011, said Acting Minister for Community Development, Youth and Sports Chan Chun Sing.  The number of domestic casino gamblers at each of the casinos also dropped from 2010 to 2011.

 

At RWS, the number of local gamblers fell by 31.7% from 199,783 in 2010 to 136,434 in 2011.  For MBS, the number dropped by 8.9% from 150,691 in 2010 to 137,259 in 2011.

 

WYNN AIMS TO KICK OKADA OFF MACAU BOARD FRIDAY Reuters

According to sources, the nine-person Wynn Macau board - which includes five members with ties to Wynn - can take unilateral action to drop Okada from among their ranks this Friday.  The Wynn Macau unit can take action on its own but parent company Wynn Resorts cannot remove Okada from its 12-person board without first convening a special shareholders' meeting.

 

MACAU VISITOR ARRIVALS FOR JANUARY 2012 DSEC

In January 2012, total visitor arrivals surged by 18.6% YoY to 2,461,640 attributable to the Lunar New Year holidays.  The average length of stay of visitors decreased by 0.2 day YoY to 0.9 day.
     
Visitors from Mainland China increased by 22.5% YoY to 1,494,877 (60.7% of total), mostly from Guangdong Province (777,564), Fujian Province (65,966) and Zhejiang Province (51,549).  Mainland visitors traveling to Macau under the Individual Visit Scheme (IVS) totaled 711,475, up 32.2% YoY.  The average length of stay of Mainland visitors was 0.9 day.

 

THE M3: FEWER S'PORE LOCAL CASINO VISITORS; OKADA; MACAU VISITATION; S'PORE CPI - VISITATION

 

SINGAPORE SEES VOLATILE INFLATION AFTER SLOWING IN JANUARY BusinessWeek

S'pore CPI rose 4.8% YoY, beating consensus of 4.7%.  The core inflation rate was 3.5%.   Singapore's Monetary Authority of Singapore said inflation will remain “elevated and volatile” in the next few months even after consumer price gains eased to the slowest pace since May.  It added that core inflation may be about 3% for the next few months.


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