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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

MGM Resorts makes Q3 loss as US takings decrease

Only higher revenue in Macau mass market keeps total casino revenue steady

Govt says casino operator breaking smoking rules

Melco Crown Entertainment denies Health Bureau accusation of wrongdoing

Wynn Resorts Q3 profit rises despite Macau slump

Revenue from company’s operations in Macau falls 5.6 pct to US$942.3 mln

Asia-Pacific share of intl tourists tipped to grow

World Tourism Organisation expects region to have 30 pct of total by 2030
Other Macau Latest News

Tam says gaming table growth policy still in force

Economy secretary says limit is simply on growth in total number of tables

September package tourists increase to 1.03 mln

Fewer visitors stay in hotels, reducing average occupancy rate to 85 pct

Law permits smoking of e-cigarettes in casinos

Gamblers may puff away – if they can find e-cigarettes anywhere in town

Fiscal reserve MOP244.57 bln at end of September

Reserve makes investment profit of MOP2.91 bln in first nine months of 2014

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