The casino industry in Macau grew from US$2.77 billion in revenues in 2002 to over US$45 billion in 2013. Then, in 2015, revenues fell precipitously to under US$29 billion, a fall from which casinos are still reeling.
VIP and premium mass customers made up of only one percent of visitors in 2018, yet drove around 70 percent of total GGR, according to analysts from B
Emperor Entertainment Hotel Limited, the gaming arm of Emperor Group, said it will be looking to expand its share of the premium mass market segment,
None of Macau’s operators, or junkets, are showing confidence that VIP trends or demand are organically improving, despite positive macro leading indicators, analysts at Morgan Stanley wrote after a recent trip to the territory.
Despite its reputation as a luxury brand, Wynn Macau is outperforming the market in the premium mass segment, delivering above average margins, Bernst
Shares in Macau’s casino operators may rally in the short term following better-than-expected November gross gambling revenue, an easing in trade tensions between the U.S. and China and increased visitation after the opening of a bridge between Hong...
Melco’s new 772-room hotel tower Morpheus will double the number of rooms available for premium mass customers, while increasing room capacity at Ci
The Philippines is in a strong position to capture a growing share of the premium mass market to help diversify its tourism base, according to Bloombe
Fitch Ratings says it expects Macau’s gross gambling revenue to gain 13 percent in 2018, moderating from a 36 percent spike recorded in January. The
Sands China’s Q4 results beat analysts' expectations, driven by strong premium mass revenue in Macau. Total net revenues for Sands China increased 1
China's State Administration of Foreign Exchange has imposed new restrictions on UnionPay cards, effective on January 1, 2018, though the impact on Ma
Total net revenues for Sands China increased 23 percent year-on-year to US$1.8 billion in the second quarter of 2017, driven by strong mass gaming rev
Analysts are likely to be watching for any commentary from management on the performance of the premium mass sector during the upcoming round of quart
China’s economy is seeing renewed strength in premium activity, driving demand for luxury cars and VIP gaming in Macau, though longer term the outlo
Hotel capacity expansion and Chinese market under-penetration will drive growth in the mass market, read a report from Bernstein on Friday. While Maca
With Macau’s six operators having reported their third quarter results, Union Gaming says mass revenues showed solid growth in the quarter. “What
Deutsche Bank‘s Karen Tang says Macau is on the cusp of a mass market recovery. The analyst, who conducted extensive interviews with “a dozen of c
Chairman of Galaxy Entertainment Group Limited, Lui Che Woo, said he anticipates better results from the mass gaming segments starting in February, 20
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