Asean gaming market sheds light on Macau debates
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TWO key debates in Macau - who is stealing Macau's VIP business; and how much do the concessionaires have to pay for the licence - can be connected to the Asean gaming market. We explain how.
Understanding VIP cannibalisation in Macau
Macau registered gross gaming revenue of US$19 billion and US$8 billion in 2H18 and 1Q19, up 9.5 per cent and down 0.5 per cent year-on-year, respectively. The slowdown is mainly driven by the VIP segment that was up by only 4.3 per cent and down 13.4 per cent year-on-year, respectively, during the same period.
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