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ISSUE 118 - Feb 2014
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2014?
Decline
Growth above 10 percent
Growth from 0 to 10 percent
Stagnation
 
 

Mass-market growth twice that of VIP: Wells Fargo


Posted: 12/9/2013 12:19:01 PM
Rating:     0% ( votes)
  

Mass-market gaming revenue grew faster than VIP gaming revenue in the first 11 months of this year, Wells Fargo Securities says.

The firm says mass-market revenue has grown by 34.8 percent so far this year and VIP revenue by 13.2 percent.

Slot machine revenue has grown by 8.4 percent.

November mass-market revenue rose by 39.4 percent compared to the same time last year, with VIP revenue up by 14.8 percent.



Headlines

Retail sales value grows only marginally in 2014

Newspaper says anti-graft drive, protests deterred shoppers from mainland

Govt secretary denies cap set on mainland tourists

Alexis Tam says any measures against overcrowding will be applied gradually

SJM Holdings earnings shrink to HK$7.8 bln in 2014

Gaming revenue drops to HK$79.3 bln as betting by high-rollers shrivels

Q4 visitor spending drops 13.9 pct to MOP14.05 bln

Spending per visitor falls by 20.2 pct as mainlanders tighten purse strings
Other Macau Latest News

January visitors decrease 1.5 pct to 2.47 mln

Fewer tourists come from Macau’s three main sources, but more Koreans visit

Hotel room rates drop for Lunar New Year holidays

Lower occupancy rates in all categories suggest reason for the decreases

Chui says govt curbs on housing market are enough

Chief executive says conditions fail to justify changes in measures taken

Deutsche Bank’s 2015 gaming revenue gloom deepens

Expects even steeper annual fall than before on recent below-trend results

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