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Melco Crown Entertainment Limited Message Board

  • codacodasf codacodasf Sep 19, 2010 7:31 AM Flag

    House of Dancing Water - My weekend in Macau observations

    I was able to visit City of Dream this weekend and i had a few observations -

    1. The place is a madhouse. unbelieveable how much energy, enthusiasm and just the number of people there were in the casinos. The hotels are elegant, the macau ferry to cotai is booming... personally, it was not very comfortable for me having to sort myself through the crowds but as an investor i was thrilled.

    2. the show - i don't know what the show's like nor have i seen the reviews but it was an obvious draw. you see people flooding the restaurants before the show and we were up pretty late in the morning and continued to see tables packed at all times of day.

    3. The morning after - grabbing breakfast - again, surprised to see the place still hopping. This is not a place where you see as many non-asians relative to wynn, etc. but the locals seem to love it. I asked a number of HK residents and they felt it was comfortable for them and a more enjoyable part of macau to visit than the central strip. City of Dreams / Venetian were booming - but again, this was during the weekend.

    no doubt in my mind that the numbers of visitors and revenue will grow. I'm no analyst but you can see it like you see the crowds running into the apple stores during an i-something release. Tables were good to me but as someone not from macau / chinese national - i'm probably not going to stay there again because it's just way too congested... but then again it doesn't matter if i come back or not, i'm not the kind of guests the casino's banking on.

    Pretty cool to see.

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