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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.We might conclude along with other information that while the turmoil in Hong Kong drove down visitor numbers, a total increase in mass market gaming occurred in 2014 due to more visits from the mainland., and Galaxy saw their stock prices double....
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.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.Las Vegas Sands Corporation seems to have stopped reporting breakout numbers but we can look at 2012 for guidance....
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. 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 17.4% lower than the same quarter in 2013....
Although efforts have been maderoulette game software free download hlxb 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. The volatility of the game is low, meaning players will most often pick up a lot of smaller wins to keep feeding their bankroll in hopes of the bigger feature wins, which can be substantial....
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