Free Spins No Deposit Just Add Card etted plenty of officials on the mainland and yes, a lot of the big money VIPs have hunkered down at home rather than take advantage of “less than legal” methods to contravene rules on the amount of money they can take with them and risk at the tables in Macau casinos. But there is more to the picture. Although, by many indicators, the Chinese economy surpassed the US for world dominance by the Fall of 2014 [in terms of GDP based on purchasing power parity (PPP)] it is still anything but stellar in regards to health and vitality – showing weakness in many sectors. lords of blackjack mr bet casino texas holdem poker unblocked keno live michigan The complicated Chinese economy is set to miss the government’s 7. tangiers casino legit 5% growth target for the first time since 1999 – when China shined like a star in the dark night of the Asian financial crisis. roulette wheel for sale gold coast
2014 factory output for December expanded at its slowest rate in 18 months, and new home prices are still stagnant or falling in more than 90% of the 70 most important cities in the country. We have to keep in mind the government motto of, “One Country Two Systems” because the money that flows into Macau comes from the mainland. And although all indications are that the rich are getting richer (precise numbers are impossible to come by because China’s elite do not disclose details to government statisticians) the top 1% are not the only contributors to the VIP tables. cashman casino cheats that work A shrinking, or less robust economy will certainly drive the numbers at the casinos. Here are the dismal numbers – The stocksshow me an american roulette wheel of the six casino concessionaires in Macau saw an average drop of 40% in 2014.
Key Insights and Expert Analysis
Whereas in 2013 Melco Crown Entertainment Ltd. , MGM China Holdings Ltd. posh casino free codes , and Galaxy saw their stock prices double. playing 6 deck blackjack So let’s take a look at some numbers – specifically to compare the mass gaming market, which by all indicators should be shrinking, with the VIP, or “rolling chip” market. Video Poker Games Online Live Complete financials for 2014 are not available yet, so we will need to speculate a bit based on overall numbers, and we’ll leave it to readers to form their own opinions. slots unlimited vegas fair go casino australia login
Las Vegas Sands Corporation seems to have stopped reporting breakout numbers but we can look at 2012 for guidance. The Venetian Macau showed the best mass market to VIP balance of any Macanese concessionaires in Q3-2012 with mass market (table games only) revenue of 7. online casino games play for free Slot Machine Most Common Failures Xlel 1 million and VIP (rolling chip) revenue of 2 million. Whereas Wynn Macau reported a disparity of 1. 3 million to 0 million, and City of Dreams made 3.
8 million from table drop and 4 million from VIP rolling chips. golden nugget casino bonus code slots empire codes This small sample should corelate directly to 2014 profit or loss if the drop is solely attributable to VIP gamblers, but it doesn’t. Although efforts have been made to attract middle class gamblers across almost all properties from 2012 to 2014 (gambler visits were up from the mainland and down from Hong Kong in 2014) the wide gap in mass market revenue to VIP revenue has not shifted enough to account for the losses seeshow me an american roulette wheeln on the 2014 year. Wynn Macau was the extreme exception and saw a Q3-2014 mass gaming revenue increase year to year of nearly 40% while VIP revenue on drop was 17. 4% lower than the same quarter in 2013. casino roulette in paris
Sands China LTD had a January 6, 2014 stock price of . 8. That number plumetted to . I Slots Casinos Ivzx 14 by January 2, 2015 with a near even mix of mass market to VIP revenue at Venetian Macau compared to other concessionaires. slotsmillion gamblejoe Caesars Slots Legacy Bonus Sjzd We might conclude along with other information that while the turmoil casino bonus 400 prozent
