• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 1 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Macau 1Q Trends

Newsdesk by Newsdesk
Wed 30 May 2007 at 04:55

Galaxy StarWorld main gaming hall

Print Friendly, PDF & Email

As Deutsche Bank’s Karen Tang reports, 1Q 2007 data shows concerns of a mass market slowdown are overblown

Official data confirmed earlier press reports that Macau gaming revenues grew 45% year-on-year in the first quarter of 2007. More importantly, mass market growth revived from 10% in the fourth quarter of 2006 to 32% in the first quarter of ’07 – the fastest rate of growth on record. This proves concerns about sluggish growth of this high-margin segment are overblown.

Wynn and Galaxy improving market share

According to a trade magazine, Wynn and Galaxy managed to grab a greater share of the market in the first quarter of 2007 despite the opening of SJM’s Grand Lisboa in February. The respective market shares by operator were 46% at SJM, 18% at Las Vegas Sands Corp, 21% at Galaxy Entertainment Group, 15% at Wynn, and 1% at Melco PBL Entertainment. Given Macau added 80% more tables to a total of 2,970 in the first quarter, average daily table win was diluted to a blended average of US$8,000 per table (VIP tables at US$27,000; mass tables at US$2,900).

Lotus Bridge opening should relieve bottleneck

Mass gaming revenue grew 32% year-on-year in the first quarter of 2007, outpacing the 23% year-to-date growth of visitor arrivals in February, suggesting the visitors are spending more in casinos. This might be explained by the shift in mix towards Chinese visitors (+37 basis points year-on-year). The infrastructure bottleneck could pose a risk to growth, though thankfully, the government appears committed to addressing the situation. The expanded immigration checkpoint at the Lotus Bridge in Cotai re-opened on May 1, in time for the Golden Week holiday (May 1-6). The re-opened checkpoint has a capacity for 26 million visitors, compared to the 13 million arrivals that came through the Peninsula border last year.

VIP segment buoyed by Chinese stock markets

VIP revenue remained strong, +50% year-on- year in the first quarter of 2007 as the Shanghai Index reached an all-time high (+19% quarter-on-quarter in 1Q ‘07). Growth in the under-penetrated slots segment remained explosive (+72% year-on-year) in this segment.

1qtrends1

RelatedPosts

Resorts World Las Vegas – Lighting up the north

Recovery of VIP gaming business helps Genting’s Resorts World Las Vegas book improved revenues of US$180 million in 2Q25

Fri 29 Aug 2025 at 05:30
Curating Culture

Curating Culture

Thu 28 Aug 2025 at 11:04
Solaire: Leader of the pack

Solaire operator Bloomberry falls to 2Q25 loss on continued weakness in VIP and premium mass gaming segments, online gaming expenses

Wed 13 Aug 2025 at 16:15
Galaxy unveils Capella at Galaxy Macau as newest hotel brand, to open mid-2025

Capella at Galaxy Macau officially soft launches for Galaxy’s “most distinguished VIPs”

Tue 12 Aug 2025 at 05:54
Load More
Tags: GalaxyMacau Gaming RevenuesSJMVIPWynn
Share2Share
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and where will the surprises come from in the near-term? The pandemic years are now a distant memory, and the Asia-Pacific...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes to testing and certifying products for the gaming industry. Marina Wong, General Manager of GLI Asia Since the company was...

Curating Culture

Curating Culture

by Newsdesk
Thu 28 Aug 2025 at 11:04

Wynn welcomed Art Macao 2025 by launching the special exhibition “Hello China, Hello Macao – The Odyssey of Jingdezhen Porcelain: A Heritage Voyage from Macao to the World” – the first flagship project under cultural brand “Wynn Culture”. The “Art...

10 Years Ago – The 2015 Asian Gaming Power 50

10 Years Ago – The 2015 Asian Gaming Power 50

by Ben Blaschke
Thu 28 Aug 2025 at 10:57

In this regular feature in IAG to celebrate 20 years covering the Asian gaming and leisure industry, we look back at our cover story from exactly 10 years ago, “The Asian Gaming Power 50”, to rediscover what was making the...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English