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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

Analyst predicts US$100 bln casino market in 2020

But Wells Fargo’s Cameron McKnight says Macau must first deal with ‘issues’

Baccarat no longer quite the money-spinner it was

Casino takings from the VIP and mass markets for the game dwindle in Q3

Sands China Q3 net profit ticks up to US$644.6 mln

But, in a sign of the times, the casino operator’s revenue drops slightly

Telsey regards Macau gaming stocks as good bets

As Q3 earnings reporting season looms, says margins are the main unknown
Other Macau Latest News

MGM China’s project in Cotai faces slight delay

Co-chairman says costs, lack of labour may hinder opening of casino-resort

JL Warren expects flat 2014 casino gaming revenue

Research house forecasts annual fall of 20 pct in October casino takings

Gaming takings show quarterly decrease of 8.9 pct

But revenue from slot machines rises by MOP100 mln in Q3 to MOP3.7 bln

Nightspots cannot postpone smoking ban, govt says

Health official bemoans smokers sneakily puffing away in casino toilets

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