Macau Mass Market Recovery Now Almost In Place

Deutsche Bank optimistic following latest numbers

A mass market recovery, touted by many analysts as the solution to Macau's problems, is almost in place according to a Deutsche Bank analyst who has conducted extensive research and interviews with experts.
Analyst Karen Tang points to increasing gaming spend per visitor, with VIP players starting to return as 'premium mass players' heralding the start of a mass-led GGR recovery.
Tang quotes official second quarter statistics that indicate that Macau's mass GGR rose 4 percent, even though the total number of visitors fell 0.5 percent… and she predicts that GGR growth will accelerate in the second half of the year to 10 percent, and to 12 percent in 2017.
"Our proprietary table count confirms the return of premium mass," Tang advises in a note. "The proportion of baccarat tables with over HK$2,000 min bet rose from 29 percent of the mass floor in December to 36 percent by July, with min bet rising prominently since then."
Macau posted its first year-on-year increase of 1.1 percent in gross gaming revenue to US$2.4 billion in August, after a 26-month slump.

Online Casino News Courtesy of Infopowa

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Brian Cullingworth

Brian Cullingworth

Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.

We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.

His passing in February 2019 was a dark day for us. He will be forever missed.

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