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"Gross gaming revenue in Macau fell 9.6 percent to 18.4 billion patacas ($2.3 billion) during the month of May, according to data from the Gaming Inspection and Coordination Bureau. The decline marks two full years of year-over-year declines for Macau’s casino industry. In order to reverse the trend, the government is pushing casino operators to diversify and offer more non-gaming options. In other words, the casinos are catering more to the mass market gambler rather than the VIP customer, i.e. the high-roller. Bloomberg reported that gaming win still represents about 90 percent of Macau casino operators’ total revenue. For comparison, in Nevada it was just 43.2 percent of total revenue in FY 2015. That’s an all-time low, according to UNLV research. More than 20 years ago it was roughly 62 percent in the Silver State. It’s unclear what percentage Macau officials are envisioning. Despite two years worth of declines, Wynn Resorts and Las Vegas Sands are slated to", www.cardplayer.com
"HONG KONG: Macau, the world’s biggest casino hub, posted a drop of 9.6% in gambling revenue for May, with the pace of decline accelerating from the previous month, as wealthy gamblers continued to steer clear of the southern Chinese territory.", www.thestar.com.my
"Can Mickey Mouse curb Chinese enthusiasm for House of Cards?An in-house survey conducted by Morgan Stanley of 1,000 Chinese gamblers shows Disney (DIS) can take Chinese tourists away from Macau casinos when Shanghai Disney opens on June 16.READ MORE.", blogs.barrons.com
"Hidden inside the private room of a Macau casino’s exclusive gaming area, a single player sits at a baccarat table. As the cards are turned, the man, a hired hand, gives a play-by-play account via an earpiece wirelessly connected to his mobile phone. On the other end of the call, hundreds if not thousands of miles away, is the real gambler -- a player beyond the border in China.", www.bloomberg.com
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