Telsey cool on VIP gaming, upbeat on mass market

2014/6/11

From:Macau Business

Telsey Advisory Group expects the VIP gaming business in Macau to remain depressed in the immediate term as the mainland’s economy slows.

But Telsey says it thinks the city’s mass-market gaming business will be robust, with underlying annual growth of between 25 percent and 35 percent in revenue.

It forecasts that in the long run the gaming market will keep growing much as it is now, if not faster.

Copyright@Macau Business