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Mass market to continue to shine as VIP sector lags, Wells Fargo says


Macau’s VIP sector is expected to further slow this year in line with the Chinese economy, while the mass market will shine, according to analysts at Wells Fargo. In Q1, the VIP sector saw revenue growth of 12.5 percent, down from 18.3 percent in the final quarter of 2013. The mass market sector on the other hand saw growth accelerate to 40 percent and now makes up one third of Macau’s gross gaming revenue.

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