“Junkets said VIP growth has finally returned to double-digit, as they start to extend more credit on [the] back of China’s gross domestic product recovery,” Hong Kong-based research analyst Karen Tang wrote in a report released earlier this week.
“Incorporating this pick up in VIP demand we raise Macau’s 2013 VIP growth from 5 % to 13 % year-on-year,” she said. “We also slightly raise mass table revenue growth forecast from 27 percent year-on-year to 28 % year-on-year.”