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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

Galaxy Entertainment H1 net profit hits HK$6 bln

Revenue grows 25 pct to HK$38.4 bln, EBITDA increases 26 pct to HK$7.3 bln

Chui aiming to force hand of casinos on purchasing

Will try to make gaming companies, govt depts buy supplies made in Macau

Chui would curb gaming growth in second term

Chief executive’s re-election manifesto envisages a more diverse economy

Demonstrators hand trade union’s demands to SJM

Company accepts Forefront of Macau Gaming letter calling for higher pay
Other Macau Latest News

Workers demonstrate outside Grand Lisboa

SJM employees march round the casino-hotel, whistling demand for higher pay

August 1-17 table revenue estimate MOP15.9 bln

Sterne Agee says casino revenue run-rate 1.5 pct less than a year earlier

Average visitor spends MOP2,141 in Macau in Q2

Visitors staying overnight spend more per head, but day-trippers spend less

Macau banks take on more intl business in Q2

Intl assets grow to MOP1,018.9 bln, intl liabilities grow to MOP968.4 bln

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