• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

  • It's Coming...

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

THE MACAU METRO MONITOR, OCTOBER 21, 2013

WYNN DEFENDS MACAU CASINO AT US LICENCE HEARINGS Macau Business

Two casino operators have faced questions from Massachusetts regulators about their operations in Macau at hearings for casino licences.  There were candid exchanges between Massachusetts Gaming Commission officials and executives of Wynn Resorts Ltd.  Commissioner Gayle Cameron told Wynn Resorts chairman Steve Wynn there was illegal activity in all casinos, including the company’s casino here.  “Macau is a legitimate place. They’re not gangsters or bums, they’re businessmen,” Wynn said.

MGM Resorts International says its chances of getting a licence will not be affected by ties to Pansy Ho Chiu King.

CONSUMER PRICE INDEX FOR SEPTEMBER 2013 DSEC

Macau CPI for September 2013 increased by 6.12% YoY or 0.77% MoM.