Macau is seeing a drop in VIP gamblers but is making up for it by attracting more mass market gamblers. While the Chinese government’s crackdown on corruption has caused a decline in VIP gambling revenues, Las Vegas Sands chairman Sheldon Adelson reported that third quarter revenues have been propped up by a booming mass market. […]
Most associate Asia’s burgeoning casino market with wealthy high-rollers, but the data shows that future growth will come from mass market gamblers and vacationers. Asia’s burgeoning casino infrastructure is treated in the gambling news as a “haven for high-rollers.” Junkets transport fabulously wealthy businessmen from across the continent into luxurious casinos in Macau and Singapore. […]
Macau casinos are raking in skyrocketing revenues. At the same time, croupiers face abuse and are more unhappy than ever. Will the industry take steps to better care for its employees? Since deregulating in 2006 the casino industry in Macau has exploded. In 2013 the city’s casinos pulled in a collective $45 billion in revenue, […]
Casinos are facing a shortage as fewer locals are willing to work in this thankless profession. Macau’s casino industry has made gambling news by becoming the world’s foremost gambling hub, taking in $45 billion in revenue in 2013. Massive developments like the Wynn Macau and Sands Macau have popped up in recent years, employing thousands […]
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