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VIP gaming predicted to stay weak for rest of 2014
- 2014-09-08
2014/9/8
From:Macau Business
JL Warren Capital LLC blames last month’s decline in VIP gaming business in Macau’s casinos on the sluggishness of the mainland market for expensive property, the mainland’s campaign against corruption, curbs on the abuse of transit visas and competition from other East Asian casinos.
The city’s VIP gaming revenue was 19 percent lower last month than a year earlier.
The research house thinks VIP gaming revenue is unlikely to improve this year.
Copyright@Macau Business