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That number plumetted to . The volatility of the game is low, meaning players will most often pick up a lot of smaller wins to keep feeding their bankroll in hopes of the bigger feature wins, which can be substantial. 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....
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. The volatility of the game is low, meaning players will most often pick up a lot of smaller wins to keep feeding their bankroll in hopes of the bigger feature wins, which can be substantial.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....
Here are the dismal numbers – The stocks of the six casino concessionaires in Macau saw an average drop of 40% in 2014.The government crackdown on corruption, which may be rampant in many elements of Chinese business, has definitely driven high stakes players from the tables, giving operators more than a nudge to diversify their top-heavy VIP dependent business model. The Chinese economy is vast and complicated, and as far as we can know the part of the corruption crackdown that stymied the junkets could be a shakedown that will mysteriously evaporate as soon as the Big 6 in Macau show some interest in neighboring Hengqin....
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. Whereas in 2013 Melco Crown Entertainment Ltd. The icons for the game are colorful glowing dragon eggs....
But that’s another story altogether. 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. The complicated Chinese economy is set to miss the government’s 7....
