How Big Could Macau’s Gaming Market Be in a Decade?

Motley Fool – Macau’s gaming market is now seven times the size of the Las Vegas Strip and outgrew the Sin City 18.5% to 4.8% in 2013. So, we should at least be pondering if there’s an upper limit to how large the market can grow. It’s the growth of Macau’s overall market that will really drive Las Vegas Sands, Wynn Resorts, Melco Crown, and MGM Resorts over the next few years. Other than trading market share between one another and the other two concessionaires, SJM and Galaxy, that’s the only way to grow. First, let’s look at the size of…

Recreational Gambling Requires Proper Mindset

New York Times – People have different reasons for making visits to a casino part of their entertainment regimen. The one incentive common among them is the hope of winning money. For some, winning money means hitting a jackpot. For others, it means just coming out ahead. As a rule, the higher you set your expectations the less your chances of walking out the door happy. Jackpots are not easy to hit. Chasing them is a recipe for disaster. Knowing that there is always next time is the one rule of thumb casino goers should always remember. It’s a far…

Horse racing’s big problems

Park City Daily News – On Kentucky Derby night 2012 someone murdered Adan Perez. The groom’s body was found in a backside barn at Churchill Downs. No arrest has happened, and almost two years later the case has grown cold. This sad and unresolved situation is symbolic of so much in thoroughbred horse racing now. Despite plenty of positive (as chronicled in a preceding column) there are several serious problems that prevent racing from reaching its full potential and returning to its past position in the pantheon of America’s most popular sports. One stark reminder of racing’s darker side is…

Bradford has some of the highest concentrations of betting shops in UK

Telegraph & Argus – Bradford has some of the highest concentrations of betting shops in UK, according to a study. An analysis commissioned by the Campaign for Fairer Gambling and carried out by geographic information specialists, Geofutures, put the city among nine areas with the highest density of betting shops in the country. The analysis revealed that when measured against other shopping areas, a 500 square metre area around the central part of the city centre near Market Street in Bradford has some of the highest densities of betting shops anywhere in the country. With 12 betting shops in just…

On Budget: Vegas for less

Las Vegas Review Journal – Peelander-Z: Japanese punk rock superheroes Peelander-Z will blow minds and save souls at 10 p.m. Friday at Double Down Saloon, 4640 Paradise Road. The show is free; call 702-791-5775. Bullet Boys: Glam metallers Bullet Boys get “Smooth Up in Ya” at 10 p.m. Friday at Count’s Vamp’d, 6750 W. Sahara Ave. The show is free; call 702-220-8849. Comedy night: Hendertucky Comedy Night, featuring comedians Shawn Halpin, Gabe Lopez and host Brandon “Gooch” Hahn, returns at 8 p.m. Saturday at the Gold Mine Tavern, 23 S. Water St., Henderson. The show is free; call 702-478-8289. Slim…

Vegas gambling guide: Understanding the odds

USA Today – Gambling is the reason Las Vegas (in its modern incarnation) exists. It is the industry that fuels the local economy, paves the roads and gives the city its identity. To visitors and tourists, gambling may be a game. To those who derive their livelihood from gambling, however, it is serious business. There is an extraordinary and interesting dichotomy in the ways gambling is perceived. To the tourist and the recreational gambler, gambling is all about luck. To those in the business, gambling is about mathematics. To the visitor, gambling is a few hours a day, while to…