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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.14 by January 2, 2015 with a near even mix of mass market to VIP revenue at Venetian Macau compared to other concessionaires. That number plumetted to ....
This small sample should corelate directly to 2014 profit or loss if the drop is solely attributable to VIP gamblers, but it doesn’t. Whereas in 2013 Melco Crown Entertainment Ltd.The government crackdown on corruption, which may be rampant in many elements of Chinese business, has definitely driven high stakes players from the tables, giving operators more than a nudge to diversify their top-heavy VIP dependent business model....
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.14 by January 2, 2015 with a near even mix of mass market to VIP revenue at Venetian Macau compared to other concessionaires.8 million from table drop and 4 million from VIP rolling chips....
The government crackdown on corruption, which may be rampant in many elements of Chinese business, has definitely driven high stakes players from the tables, giving operators more than a nudge to diversify their top-heavy VIP dependent business model.4% lower than the same quarter in 2013. Whereas in 2013 Melco Crown Entertainment Ltd....
, and Galaxy saw their stock prices double. Other titles include the Jokerizer 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....
