Tag Archives: VIP
- Macau mass market achieves “milestone event” by topping VIP revenue share
October 17, 2015
Macau casinos posted a slight improvement in mass market gaming revenue in Q3, but it was enough for one analyst to conclude that mass had topped the VIP gaming sector for the first time in Macau’s history. Figures released on Friday by Macau’s Gaming Inspection and Coordination Bureau (DICJ) showed...
- VIP sector is irreplaceable says Suncity chairman; full-smoking ban likely in 2016
February 10, 2015
Suncity Group owner and Chairman Alvin Chau Cheok Wa said that the closures of some VIP rooms in Macau was to be “expected” but the mass market could not replace the VIP sector. Regardless of the VIP business slump, Mr. Chau said that the sector is still important for the...
- Baccarat still the king in Macau casinos
April 19, 2013
The impressive revenue figures coming out from Macau in the first three months of the year have been gotten a ton of press because it's been extremely robust even in the face of uncertainties, including junket crackdowns from the mainland and the H7N9 virus, among others). Yet despite all of that,...
- Macau’s VIP market continues to flex its muscles with strong March
April 10, 2013
Macau's overall gross gaming revenue in March saw business in the gambling town take in MOP 31.3 billion– $3.9 billion based on current exchange rates – in gross gaming earnings, an extraordinary improvement of 25.4 percent from the figures it earned in the same month last year. Shouldering most of...
- Analysts up on Macau; Macau down on Macau; AERL hit by VIP downturn
November 20, 2012
Analysts are reporting that November is being kind to Macau with the enclave’s gross gaming revenue posting a positive trend so far. Sterne Agee analyst David Bain reports that revenues for the month to date are up 8 percent, or MOP24.9billion, compared to last year. That’s more favorable than Bain’s...
- Macau daily gambling news
October 17, 2012
VIP revenue in Macau dropped by 1.1 percent in the third quarter as official figures showed the first drop on that side of things since Q2 2009. The Gaming Inspection and Coordination Bureau released the figures that showed revenue from VIPS down to MOP51.2billion (US$6.4bn). Analysts had predicted the drop...
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017
Execs to take on blockchain at iGaming Asia Congress 2017
March 21, 2017