Feb 11, 2016,
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ISSUE 141 - Jan  2014
 
 
The Macau property market is changing. Vote. What is your opinion on likely price fluctuations for the second half of this year?
Decline below -10 percent
Decline from 0 to -10 percent
Growth from 0 to 10 percent
Growth above 10 percent
 
 

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

Fire severely damages main hall of A-Ma Temple

Damaged portion of tourist draw closed to the public, but rest remains open

Top court upholds govt repossession of land

Rejects challenges by former holders of a plot on Taipa and two other plots

Galaxy Entertainment to top-up employee bonuses

Gaming company giving what it calls a special gift to mollify grumpy staff

Court rejects Pearl Horizon land tenure extension

Says Polytex challenge to govt’s repossession of site has no valid grounds
Other Macau Latest News

365,000 tourists visited Macau from during Chinese New Year

An increase of 7.5 per cent compared to the same period last year

Macau Legend starts Cape Verde casino construction

Gaming company boss David Chow hails casino-resort project as landmark

LVS tries anew to get rid of judge hearing lawsuit

Complains judge in its case in Nevada against ex-CEO in Macau is partial

SJM Hldgs boss expects volatile year of the monkey

And good riddance to gaming’s difficult year of the goat, says Ambrose So

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1. Galaxy Entertainment to pay performance bonuses
2. SJM Hldgs reportedly seeks loan for Lisboa Palace
3. Central govt aid promised if visitor tally plunges
4. Wynn Macau in effort to buy from Macau SMEs
5. Economy to shrink 13.6 pct in 2016, academics say
 
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