The Macau Metro Monitor. January 20th, 2010
GALAXY ANNOUNCES MANAGEMENT UPDATE & SELECTED UNAUDITED 2009 FOURTH QUARTER FINANCIAL DATA Galaxy Entertainment Group
- StarWorld continues to outperform the market with all time record quarterly revenue of $3,455 million
- StarWorld records six consecutive quarters of revenue growth
- StarWorld delivers record VIP turnover volumes of $98 billion
- StarWorld reports a very strong hotel occupancy of 96%
- Galaxy Macau on schedule to open in the first quarter of 2011
- Financing of Galaxy Macau progressing on schedule
NEW FLU OUTBREAK IN MACAU macaudailytimes.com
H1N1 outbreaks have led to the suspension of a Taipa kindergarten and two classes from a special education center this week. In addition, 5 more inmates at Macao Prison have tested positive for the virus. The Health Bureau confirmed that none of the infected students had been previously inoculated against the H1N1 flu.
NEW GAMBLING CONCESSIONS UNLIKELY IN MACAU Alibaba.com
In a Reuters interview yesterday, director of Macau's Gaming Inspection and Coordination Bureau, Manuel Joaquim das Neves, stated that "I think the possibility of more concessions is very low." Genting and Harrah's were sited among hopefuls for new future gaming concessions.
VIVA MACAU AIRLINES TO FLY HANOI-MACAU ROUTE Viet Nam News
Starting on February 13th, Viva Macau will add a direct Hanoi-Macau route 3x per week, offering off-peak economy fares for just US$25 one way. Viva Macau currently flys between Macau and HCM city.
SHANGHAI WORLD EXPO TO THE 'LARGEST EVER' macaudailytimes.com
The Shanghai 2010 World Expo, running between May 1 and Oct 31, is expected to attract more than 70MM visitors to Macau, according to Zhou Hanmin, deputy director of the World Expo 2010 Shanghai Committee. As of Sunday, more than 18MM tickets had already been sold. The Expo, whose Chinese Pavilion permanent infrastructure has cost RMB$80 billion to construct, will focus on peace, development and the environment.