ccording to a report published by Forbes, Wynn Palace financial results are expected to grow even higher in the coming quarters as the Macau gaming industry has started to accelerate its growth in the last few months and reached 14% in April.
Mass Market gambling has grown in double digits for the last few quarters due to the rise of premium-mass gamblers in the asian region. Therefore, analysts expect a rebound in VIP gaming in the near term.
"We expect these to be the growth drivers of Wynn Palace in the coming years," pointed out Forbes analysis.
"In mass market gaming, average table drop has been around $20,000 per table, and we expect the average number of mass market tables at Wynn Palace to be close to 250. Thus, Wynn Palace’s mass market table drop could also exceed $4 billion by 2020. Similarly, with nearly 1100 slot machines and 1700 hotel rooms, Wynn Palace’s other revenues are are likely to reach around $2 billion by 2020."