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5% growth target for the first time since 1999 – when China shined like a star in the dark night of the Asian financial crisis. 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 seen 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....
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.We might conclude along with other information that while the turmoil in Hong Kong drove down visitor numbers, a total increase in mass market gaming occurred in 2014 due to more visits from the mainland.ough, 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....
, MGM China Holdings Ltd.The game features 3 distinct wild symbLas Vegas Sands Corporation seems to have stopped reporting breakout numbers but we can look at 2012 for guidance....
Sands China LTD had a January 6, 2014 stock price of . The government’s aggressive crack-down on corruption, including increased oversight of mass market favorite UnionPay cards certainly had an overall effect. The icons for the game are colorful glowing dragon eggs....
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. A shrinking, or less robust economy will certainly drive the numbers at the casinos.The game features 3 distinct wild symb...
