Las Vegas Casinos Pick Up Macau’s Revenue Slack

By | August 12, 2014

Scalper1 News

Revenue for Las Vegas Sands and other Macau-centric casinos collectively fell 3.6% in July to $3.5 billion, Macau officials said recently. The fall was led by a slide in high-roller VIP gaming. Telsey Advisory Group analyst Chris Jones said Monday that Macau’s mass-market segment — tourists and casual middle-class visitors — is also losing steam. And Las Vegas is picking up the slack. “We believe we are starting to see people relocate their gaming Scalper1 News

Scalper1 News