1Q was the best quarter ever for the industry
Macau’s casino mass market continues to outgrow VIP
(Macau).- Macau’s casino mass market segment outgrew the VIP segment for a second consecutive quarter, official data released last week by the Gaming Inspection and Coordination Bureau shows.
2012-04-23
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(Macau).- Macau’s casino mass market segment outgrew the VIP segment for a second consecutive quarter, official data released last week by the Gaming Inspection and Coordination Bureau shows.
In the first quarter of 2012, VIP baccarat posted a 23.7 percent year-on-year growth rate, to us$ 6.59 billion. That was well below the 35.6 percent growth rate posted by the mass market, which raked in a total of us$ 2.64 billion for the first three months of 2012. Overall, Macau’s casinos recorded a 27 percent growth rate for the first quarter of 2012, reaching us$ 9.10 billion. This was the best quarter ever for the industry.
At the end of the period, prior to the opening of Sands Cotai Central, Macau had a total of 5,242 gaming tables, only 258 tables short of the government’s 5,500 table-cap that will expire in 2013. The slot machine count reached over 16,100.
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