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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. Other titles include the Jokerizer...
3 million to 0 million, and City of Dreams made 3.This is the ninth slot game released by Yggdrasil Gaming in their first year of offering slots.14 by January 2, 2015 with a near even mix of mass market to VIP revenue at Venetian Macau compared to other concessionaires....
Although efforts have been madethe big jackpot slots new wmei 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. A shrinking, or less robust economy will certainly drive the numbers at the casinos. 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....
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 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.This small sample should corelate directly to 2014 profit or loss if the drop is solely attributable to VIP gamblers, but it doesn’t....
A shrinking, or less robust economy will certainly drive the numbers at the casinos. The government’s aggressive crack-down on corruption, including increased oversight of mass market favorite UnionPay cards certainly had an overall effect.8....
