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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

Holiday reform tipped to benefit Macau tourism

Research house says annual leave for mainlanders would make visiting easier

Sterne Agee expecting flat gaming revenue in 2014

Stockbroker increases its forecast of shrinkage in September gaming revenue

Bank forecasts persistent falls in gaming revenue

Morgan Stanley predicts rebound only in 2015H2 as new casino-resorts open

MGM China employees voice demand for higher pay

But leave dissatisfied after talks between union and govt representatives
Other Macau Latest News

Casinos accused of trying to dodge smoking curbs

Union says they are adding more VIP rooms, where smoking will be allowed

Ex-employee’s suit against Sands China boss fails

Court denies Israeli’s claim to 12 pct of Adelson stake in casino operator

Only 14,000 new homes on Hengqin due to hit market

Most will be in Shizhimen Business District, Integrated Services District

Consul-general keen on more US-Macau business

US diplomat says his job is as much about relations with Macau as Hong Kong

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1. Fitch cuts 2014 gaming revenue growth forecast
2. VIP gaming predicted to stay weak for rest of 2014
3. MGM Resorts Intl aims to borrow cheaply in Japan
4. SJM employees to hold another demonstration
5. SJM employees urge govt to intervene in dispute
 
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