Macau - The Monte Carlo of the Orient

Prior to leaving Hong Kong, we will meet with the Hong Kong Monitary Authority and learn about the valuation of the Hong Kong Dollar. Government officials tell us about the link between the value of the US dollar and the Hong Kong Dollar. After checking out of the Intercontinental Grand Stanford Hotel, we will head to Aberdeen Harbor for a tour and lunch at the famous floating restaurant.

After lunch we will depart for Macau. The largest casino gaming city in the world.

Macau also known as East Las Vegas. Gambling in Macau can be divided into three different categories: casino games, horse racing and greyhound racing. There is also sports betting and a number of lotteries.

According to official statistics, gambling taxes form 70% of Macau’s government income. Macau has twenty-eight casinos, of which the biggest is the The Venetian Macau. They all operate under a government franchise and under a common set of rules. Many forms of gambling are legal there, such as blackjack, baccarat, roulette, boule, Sic bo, Fan-Tan, keno and slot machines. The most popular game by far is baccarat with VIP high-roller baccarat.

Many Hong Kong and mainland tourists like gambling in Macau. Few local people in Macau visit casinos, though.

While in Macau, we will visit the Grand Lisboa, which is owned by the Stanley Ho family. If you recall the Stanley Ho family also owns Crown Entertainment and Melco which is a part of the China Stock Digest model portfolio. Ho has 17 casinos that control about half the market share in Macao - a peninsula and two islands off China’s southeastern coast.

We will be staying at American billionaire Sheldon Adelson 3,000-suite Venetian Macau, billed as the largest hotel-casino in the world.

Recently The HVS Group analyzed the Macau gaming market to assess future operating performance, and to project the potential gaming revenue. The local inventory of table games and slots was projected to increase by over 300% over a period of four years. hotel market in Macau, Hong Kong and surrounding Mainland China markets was also investigated to assess the impact of a roundly 50% projected increase in Macau hotel supply over a five year period.

So, I asked again, why have you not began to invest in the growing China Stock Markets? I am still offering the discount on new subscriptions during the China Trade Mission of 2008.

Don’t forget, you can follow me on Twitter for up to the minute update of the
China Stock Market and the 2008 China Investors Field Trip.

Coming to you live from Hong Kong on the 2008 China Investors Field Trip.

Committed To Your Profits In China,

Jim Trippon, CPA
Editor-In-Chief
China Stock Digest

P.S. Don’t forget about the special offer going on while I am in China. Order between now and October 24th, and receive $100 off the regular subscription price.