Gaming market still seasonal, research house says

2015/2/24

From:Macau Business

The seasonal ups and downs of the gaming market in Macau are undisturbed by the general slump in business, Union Gaming Research Macau says.

The research house says in a note that the city’s casinos have been busier since the beginning of the Lunar New Year holidays.

The note says foot traffic in the casinos grew markedly on Friday, the second day of the holidays, and on Saturday.

Increases in minimum bets in the mass market and premium mass market have failed to deter demand, Union Gaming says.

“Traditional seasonality trends remain intact despite the ongoing softness in general demand,” it says.

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