The mass gaming market outgrew the VIP segment for a third quarter in a row, estimates from Deutsche Bank show. Analysts Carlo Santarelli and Kelly Knybel wrote yesterday in an investors note that “mass market tables and slot revenue grew 36.3 percent year over year [in the first quarter of 2012] while VIP revenue grew 23.5 percent year over year.” Detailed official data from the Gaming Inspection and Coordination Bureau for the first quarter will be released next week. “Mass revenue per day in the first quarter also reached an all-time quarterly high, a trend we believe can continue over the next several quarters following the opening of Sands Cotai Central this week,” the Deutsche Bank analysts wrote. They are forecasting a 21.2 percent gross gaming revenue growth in 2012.
—
