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ISSUE 118 - Feb 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

Premium mass market the focus of newest casinos

Gets the lion's share of new tables in the extension of Galaxy Macau resort

Second phase of Galaxy Macau opens tomorrow

Casino-resort extension will have 150 new gaming tables, two new hotels

Junket operators say smoking rooms still in favour

Survey results show almost unanimous opposition to complete ban on smoking

Govt gives casino operator nod for 150 new tables

But omits to say which operator and which casino-resort will get the tables
Other Macau Latest News

Q1 retail sales fall 11 pct to MOP16.41 bln

Value of sales of luxuries such as watches, clocks and jewellery declines

I.T.’s annual sales in Macau rise to HK$221.3 mln

Clothes retailer’s operating profit in the city grows 0.3 pct HK$75.6 mln

Tod's registers weak Q1 sales in Macau, Hong Kong

Italian shoemaker laments sharp decreases in shoppers and amount they spend

Mainlanders press demand for more severance pay

Workers laid off from Parisian building site march to central govt office

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1. Govt gets 636 more opinions on height of new hotel
2. Hotel Management Summit Returns to Bangkok to Drive Hospitality Revenue and Profitability to New Heights
3. Aristocrat showcases the region's leading portfolio at G2E Asia
4. Govt gives casino operator nod for 150 new tables
5. IAGA Announces 2015 International Gaming Summit: from East to West, the Changing Global Gaming Landscape
 
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