casino themeWynn Macau COO Linda Chen said last year casino operators “put more emphasis on the quality of guests instead of the quantity.”Optimism Remains HighMacau casino revenue is still trending in the right direction, albeit a tad slower. The Venetian is spending over billion to renovate its rooms, and City of Dream is finishing up its billion Morpheus tower, which will add 780 rooms to the property.SJM Holdings is building its first integrated resort on the budding Cotai Strip. But have Las Vegas casino operators become too powerful, to the detriment of the consumer? (Image: Vincent Yu/AP)Beginning Thursday, March 1, certain MGM Resorts and Station Casinos properties will hike up their resort fees, taking a cue from Caesars Entertainment, which raised its own rates at the beginning of FebruaryThe Blackstone Group’s Cosmopolitan, Penn National Gaming’s Tropicana, Golden Entertainment’s Stratosphere, and Brookfield Asset Management’s Hard Rock have also all increased their renew online casino no deposit bonus usasort fees this year.MGM said fees will go up by two bucks, hitting at mid-range resorts, including The Mirage, Mandalay Bay, and the MGM Grand. caesars casino propertiesBut while more people spent their vacation in the Special Administrative Region, that didn’t translate to more GGR for the casinos.Macau’s integrated resorts have slightly shifted their focus away from the VIP in recent years, as a result of the federal government cracking down on junket companies transporting high rollers to the area. The weeklong February 15-21 holiday packed Macau’s resorts.The Macau Tourism Office said the total number of visitor arrivals during the New Year festival rose 6.5 percent, with some 960,000 travelers, mostly from the mainland, venturing to the gaming enclave. Ongoing investments from casino operators reveal they also remain bullish on the enclave.MGM opnew online casino no deposit bonus usaened its .45 billion integrated casino resort with 1,390 rooms earlier this month. island view casino spa

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bicycle casino raidcial firm be correct, Macau casinos will be looking at GGR of around .5 billion.Visitation Up, Gaming DownFebruary’s 5.7 percent GGR increase is especially disappointing considering China’s Lunar New Year holiday took place during the month. The Venetian is spending over billion to renovate its rooms, and City of Dream is finishing up its billion Morpheus tower, which will add 780 rooms to the property.SJM Holdings is building its first integrated resort on the budding Cotai Strip. At a cost of .6 billion, Grand Lisboa Palace is slated to open by the end of the year.Along with more hotel occupancies and casino floors, infrastructure improvements throughout the enclave are expected to grow the economy.Morgan Stanley analysts recently opined that Macau GGR could hit billion by 2022. free slots invaders planet moolahMany Las Vegas operators are currently in negotiation with the Culinary Workers Union, which is demanding higher wages and benefits for its workers, and threatening labor disputes if those demands are not met by June 2018.But Is It Legal?The big complaint against resort fees is that they are hidden on travel booking sites until the user goes to pay their bill, because sites rank hotels by their room rate price, not their total cost, which includes the daily resort fee tacked on.The legality of resort fees is currently under review in 46 states. cial firm be correct, Macau casinos will be looking at GGR of around .5 billion.Visitation Up, Gaming DownFebruary’s 5.7 percent GGR increase is especially disappointing considering China’s Lunar New Year holiday took place during the month. More family friendly attractions such as retail shopping, entertainment, and theme parks have been successful in that mission.Investment analysts who cover Macau have repeatedly stated that there’s no correlation between visitor arrivals and GGR. mgm casino new york

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