Cotai Strip<\/a>.<\/p>\nMeanwhile, Lawrence Ho\u2019s Studio City, Steve Wynn\u2019s Wynn Palace, and Galaxy Entertainment\u2019s recently completed phase 2 on Galaxy Macau, have all added to the landscape.<\/p>\n
The mass market has been the main driver of Macau\u2019s bounce back, with figures showing the segment growing 7.3 percent in the final quarter of 2016. But there is also a suggestion that the VIP gamblers are slowly returning too. 2016 saw a definite improvement in the VIP segment over the previous year.<\/p>\n
Across the entire year, the segment accounted for 53 percent of Macau\u2019s overall gaming revenue, although that\u2019s still far short of the 73 percent of its 2011 peak.<\/p>\n
“The worst is over,\u201d Michael Ting, a Hong Kong-based analyst at CIMB Group, told Bloomberg, \u201cbut Macau\u2019s recovery is going to be quite volatile and choppy.”\u00a0\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Macau\u2019s recovery slowed in January. Figures released by the enclave\u2019s Gaming Inspection and Coordination Bureau on Wednesday reported a growth rate of just 3.1 percent for the month, way behind December\u2019s 8 percent and November\u2019s 14.4 percent. It\u2019s also significantly short of the 8.5 percent median prediction of analysts recently polled by Bloomberg. Overall gambling […]<\/p>\n","protected":false},"author":42,"featured_media":44524,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18],"tags":[],"acf":[],"yoast_head":"\n
Macau Growth Slows as January Figures Dip Below Expectations<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n