CASINO

Macau daily gambling news

TAGs: air asia, Galaxy Entertainment Group, Macau, sands china, SJM Holdings, typhoon

macau six timesGalaxy Entertainment Group has seen its Macau market share increase in June as it continues to make gains in the world’s largest casino business location. Business Daily figures report that Galaxy’s market share grew to 23 percent in June and placed it just 3 percent off the number one spot. That’s held by SJM Holdings, a company that saw its market share decrease by that very same 3 percent – from 29 percent to 26 percent.

Further down the list Sands China is still looking to reap the rewards of opening a casino on the Cotai strip and a 1 percent rise in share to 18 percent seems to show they’re creaking into action. Melco Crown Entertainment and Wynn Macau are clustered together on 13 and 12 percent respectively with MGM China assuming its regular position at the rear on 9 percent.

A typhoon that hit the enclave last weekend has been blamed for a revenue drop in June. Union Gaming Group analysts Grant Govertsen and Felicity Chiang told Macau Business the storm has affected visitation and meant that those from Hong Kong and Guangdong hadn’t visited in such high numbers. In terms of the coming months they expect Macau to post “modest growth” in July and August, and both should record “MOP26 billion-plus” in revenue, much like the fifth month of the year, May.

More details have emerged of ticket prices and timing for Air Asia’s flights from Manila to the enclave. Customers will have the chance to purchase a one-way “all-in” fare for P588. That includes the base fare in addition to a fuel surcharge, processing fee, and government mandated fees. The fare are available online and the times of the flights were confirmed at the same time. PQ7310 will leave Clark at 6:45 p.m., landing in Macau at 8:55 p.m. In the other direction, PQ7311 departs at 9:25 p.m. and arrives at 11:25 p.m.

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