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We might conclude along with other information that while the turmoil in Hong Kong drove down visitor numbers, a total increase in mass market gaming occurred in 2014 due to more visits from the mainland. But that’s another story altogether. Anti-smoking measures may have hurt the push to mass market, but numbers were still up in that area....
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The Chinese economy is vast and complicated, and as far as we can know the part of the corruption crackdown that stymied the junkets could be a shakedown that will mysteriously evaporate as soon as the Big 6 in Macau show some interest in neighboring Hengqin.The government crackdown on corruption, which may be rampant in many elements of Chinese business, has definitely driven high stakes players from the tables, giving operators more than a nudge to diversify their top-heavy VIP dependent business model.This small sample should corelate directly to 2014 profit or loss if the drop is solely attributable to VIP gamblers, but it doesn’t....
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Las Vegas Sands Corporation seems to have stopped reporting breakout numbers but we can look at 2012 for guidance. A shrinking, or less robust economy will certainly drive the numbers at the casinos. Wynn Macau was the extreme exception and saw a Q3-2014 mass gaming revenue increase year to year of nearly 40% while VIP revenue on drop was 17....
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14 by January 2, 2015 with a near even mix of mass market to VIP revenue at Venetian Macau compared to other concessionaires.This is the ninth slot game released by Yggdrasil Gaming in their first year of offering slots. Anti-smoking measures may have hurt the push to mass market, but numbers were still up in that area....
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This small sample should corelate directly to 2014 profit or loss if the drop is solely attributable to VIP gamblers, but it doesn’t. The volatility of the game is low, meaning players will most often pick up a lot of smaller wins to keep feeding their bankroll in hopes of the bigger feature wins, which can be substantial.8 million from table drop and 4 million from VIP rolling chips....
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