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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. All with huffs and puffs of baby dragon breath. A shrinking, or less robust economy will certainly drive the numbers at the casinos....
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. 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.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....
, MGM China Holdings Ltd.The game features 3 distinct wild symbols., and Galaxy saw their stock prices double....
Although efforts have been madefree online slots for fun wnjh 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. But the overall economic downturn in the Chinese economy may well be more of a force ifree online slots for fun wnjhn the year-end numbers.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....
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 17.8 million from table drop and 4 million from VIP rolling chips. 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....
