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  #1 (permalink)  
Old 25th October 2006, 05:01 PM
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Tiny Macau overtakes Vegas Strip

Looks like Bush slamming the door on Online Gaming is an indication of just how small beer the US really is these days:

http://news.bbc.co.uk/2/hi/business/6083624.stm

Macau, a tiny special administrative region of China, appears to have overtaken the famous Las Vegas Strip as the world's top gambling destination.
Macau is set to earn $6.8bn (£3.6bn) in casino revenues in 2006 compared with Las Vegas' $6.6bn, say leisure industry consultants Globalysis.
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Old 25th October 2006, 05:05 PM
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Re: Tiny Macau overtakes Vegas Strip

Yes, chinese people are big gamblers, almost everyone gambles - although i don't - odd one out. :o
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Old 25th October 2006, 07:15 PM
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Re: Tiny Macau overtakes Vegas Strip

RD, you inspired me to grab a couple of new regs:

MacauHôtels.com (French)

MacaoHôtels.com (French)

LuxuryHotelsMacau.com

澳門旅館.com (Macau Hotels - T. Chinese) - Can someone comment on this one? How popular is this translation?
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Old 25th October 2006, 07:19 PM
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Re: Tiny Macau overtakes Vegas Strip

makes you wonder how much 澳門.com (macau) is worth...
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Old 25th October 2006, 07:57 PM
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Re: Tiny Macau overtakes Vegas Strip

You have to keep in mind that a substantial portion of that 6.8 billion spent in Macau goes to the same US companies that run Vegas. Therefore your "small beer" comment holds little weight as the money ends up in the same hands.

Not to mention that many of these companies have already applied for the rights to the gaming sites opening throughout the rest of Asia... And that there is a 20 billion dollar expansion hitting Vegas soon.
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Old 25th October 2006, 08:27 PM
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Re: Tiny Macau overtakes Vegas Strip

Quote:
Originally Posted by Neptune
You have to keep in mind that a substantial portion of that 6.8 billion spent in Macau goes to the same US companies that run Vegas. Therefore your "small beer" comment holds little weight as the money ends up in the same hands.

Not to mention that many of these companies have already applied for the rights to the gaming sites opening throughout the rest of Asia... And that there is a 20 billion dollar expansion hitting Vegas soon.

It's part of the deal, you can't have a China running $200b trade surplus on America every year, and increasing 20-30% per annum, without giving some back.

But the only problem here is that the return goes to enrich only a few Americans. Again, the capitalists gain.
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Old 25th October 2006, 08:54 PM
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Re: Tiny Macau overtakes Vegas Strip

Quote:
Originally Posted by zfreud
makes you wonder how much 澳門.com (macau) is worth...
澳門.com is nice but that guy Sean Miller owns better gems like http://上海.com , he is involved in geodomains like NYC.com, Dubai.org, etc.

I wonder if these guys from Associated Cities -geodomains- have ever been here? After all many people here own the idns of their city domains.
http://www.associatedcities.com/news.php?newsID=89
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Old 25th October 2006, 09:17 PM
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Re: Tiny Macau overtakes Vegas Strip

Quote:
Originally Posted by idnceo
澳門.com is nice but that guy Sean Miller owns better gems like http://上海.com , he is involved in geodomains like NYC.com, Dubai.org, etc.

I wonder if these guys from Associated Cities -geodomains- have ever been here? After all many people here own the idns of their city domains.
http://www.associatedcities.com/news.php?newsID=89
I tried to get ahold of them, they own CancúnHotels.com and a few other IDNs that I have run across... I don't know how active they are in forums, discussions, etc.
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Old 25th October 2006, 10:40 PM
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Re: Tiny Macau overtakes Vegas Strip

I was at their event in Chicago last summer and I Sean and the rest of them.

Sean owns NYC.com as well as NewYorkCity.com

I also had the chance to meet the owner of PalmSprings.com (Mr. Castello)
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Old 25th October 2006, 11:15 PM
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Re: Tiny Macau overtakes Vegas Strip

Quote:
Originally Posted by Neptune
You have to keep in mind that a substantial portion of that 6.8 billion spent in Macau goes to the same US companies that run Vegas. Therefore your "small beer" comment holds little weight as the money ends up in the same hands. Not to mention that many of these companies have already applied for the rights to the gaming sites opening throughout the rest of Asia... And that there is a 20 billion dollar expansion hitting Vegas soon.
Related article about the Las Vegas Sands Corporation that also operates the Sands Macau Resort. That is just the beginning of their expansion plans in the Far East. Of interest Macau has had Casinos since the year 1850.

In the case of the Venetian Hotel and MGM Grand Hotels, both with megasize onsite Convention Centers, their Hotel Rooms, Suites and Catering and F&B operations make more than their Casinos in revenues.

http://www.usbusiness-review.com/con...l05/index.html
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Old 25th October 2006, 11:38 PM
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Re: Tiny Macau overtakes Vegas Strip

Quote:
Originally Posted by Neptune
You have to keep in mind that a substantial portion of that 6.8 billion spent in Macau goes to the same US companies that run Vegas. Therefore your "small beer" comment holds little weight as the money ends up in the same hands.

Not to mention that many of these companies have already applied for the rights to the gaming sites opening throughout the rest of Asia... And that there is a 20 billion dollar expansion hitting Vegas soon.
Well in that case, you can only see the US position on online gaming as protectionist hypocracy, but actually when companies go international like this, they tend to become international in nature. The money is invested and spent Internationally. It may give you a great sense of national pride that they started out in your backyard. It doesn't always mean that the bulk of the money gets repatriated or benefits the folks back home. Often the stockholder profile changes rapidly as well. How many Chinese and Arabs are substantially invested in theses companies today? Just to see this as America pumping money from Chinese pockets maybe way too simplistic.
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Last edited by Rubber Duck; 25th October 2006 at 11:46 PM..
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Old 26th October 2006, 12:23 AM
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Re: Tiny Macau overtakes Vegas Strip

The point lies in the fact that these companies will continue to grow both domestically and internationally. So to consider them irrevelant and a thing of the past is naive.


Quote:
Originally Posted by Rubber Duck
Well in that case, you can only see the US position on online gaming as protectionist hypocracy, but actually when companies go international like this, they tend to become international in nature. The money is invested and spent Internationally. It may give you a great sense of national pride that they started out in your backyard. It doesn't always mean that the bulk of the money gets repatriated or benefits the folks back home. Often the stockholder profile changes rapidly as well. How many Chinese and Arabs are substantially invested in theses companies today? Just to see this as America pumping money from Chinese pockets maybe way too simplistic.
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Old 26th October 2006, 12:31 AM
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Re: Tiny Macau overtakes Vegas Strip

Sands Macau paid for itself in just 9 months , but don't be fooled in to thinking all the money all goes back to "the same hands" . Stanley Ho gets his share and so do the Macanese and Chinese authorities.

The "Cotai Strip" ( "路凼金光 ?") opens next year, another massive investment with the Venetian being the flagship. That is along with many other new casinos.

Steve Wynn's casino opened just 4 months ago already attracting many punters.

Sands are closing their their large buffet restaurant ( amazing buffet) to make room for more tables.

Fisherman's Wharf Macau is almost fully opened along with all the other attractions will make Macau the place to go for gambling - in the world!
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Last edited by Wot; 26th October 2006 at 12:56 AM..
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Old 26th October 2006, 12:36 AM
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Re: Tiny Macau overtakes Vegas Strip

Quote:
Originally Posted by Rubber Duck
Well in that case, you can only see the US position on online gaming as protectionist hypocracy, but actually when companies go international like this, they tend to become international in nature. The money is invested and spent Internationally. It may give you a great sense of national pride that they started out in your backyard. It doesn't always mean that the bulk of the money gets repatriated or benefits the folks back home. Often the stockholder profile changes rapidly as well. How many Chinese and Arabs are substantially invested in theses companies today? Just to see this as America pumping money from Chinese pockets maybe way too simplistic.

Money is indeed being pumped, but will not benefit Americans, but just a handful of tycoons and their investors. Again, another policy that short changes the electorate. On other hand, the economic activity created by these casinos in Macau will have a multiplier effect on the local populace many times the billions earned by the tycoons.

Last edited by touchring; 26th October 2006 at 12:41 AM..
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Old 26th October 2006, 01:16 AM
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Re: Tiny Macau overtakes Vegas Strip

Quote:
Originally Posted by touchring
Money is indeed being pumped, but will not benefit Americans, but just a handful of tycoons and their investors.
The investors in LVS are people from all around the world, tens of thousands of shareholders in this company alone.
And conversly American investors diversify into foreign funds, companies and stocks as well.
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Old 26th October 2006, 01:20 AM
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Re: Tiny Macau overtakes Vegas Strip

Interested on a natives translation of these two for 'cotai strip', or are either/neither correct?:

路凼金光

vs.

路氹大道
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Old 26th October 2006, 02:35 AM
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Re: Tiny Macau overtakes Vegas Strip

They had to have been active at one point because that article posted on their site at the time sounded a lot like stuff we discussed here at that time. I got respect for them because the whole network seemed to share the info.

I was a bit surprised when I saw on their site that someone had registered
New York City in Japanese. The reason I was surprised is because I know this is what I went after in early February.

There was two ways of writing New York City the way it sounds, I registered both.
Someone in that network registered New York +市(city), I completely forgot to think of calling a US city with 市. One of my regs is searched more according to trends & Overture but their reg might be written a little bit more.
Still a all are good regs... I was just surprised they went after so many domains so quick.



Quote:
Originally Posted by domainstosell
I tried to get ahold of them, they own CancúnHotels.com and a few other IDNs that I have run across... I don't know how active they are in forums, discussions, etc.
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Old 26th October 2006, 03:05 AM
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Re: Tiny Macau overtakes Vegas Strip

I completely agree with seeing gambling making it's way to be promoted more in Asia.
I didn't want to reg new domains but knowing that Bush signed that Bill made me buy prime Japanese jps like Bingo, Backgammon, Craps, & a few more.
If you can invest in tw, cn, net, jp, or com I'd suggest you follow as a future investment.
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Old 26th October 2006, 06:45 AM
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Re: Tiny Macau overtakes Vegas Strip

Yes, it will be interesting to see what the British response is longer-term. There is a lot of American Investment commited for physical Casinos in the UK where gaming has been pretty much restricted over the years. The US Government has just torched Billions in the Assets of British online companies with totally unfair legislation, brought in on one of Bush's WMD pretexts (funny how he does react quite the same when there is actually a nuclear problem). It will be interesting to see if the usual British fair play and level playing field approach holds good over the long-term or whether there won't be somekind of vicious Quid Pro Quo to level the score.
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Old 26th October 2006, 06:48 AM
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Re: Tiny Macau overtakes Vegas Strip

Quote:
Originally Posted by Neptune
Interested on a natives translation of these two for 'cotai strip', or are either/neither correct?:

路凼金光


vs.

路氹大道

http://en.wikipedia.org/wiki/Cotai 路氹城 cotai ?

http://zh.wikipedia.org/wiki/%E8%B7%...A4%A7%E9%81%93 路氹金光大道 cotai strip?


http://www.venetianmacao.com/simp/pr...fo_aerial.html 路氹金光大道 tm
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Last edited by Wot; 26th October 2006 at 07:02 AM..
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