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Starting the Comeback

Gross gaming revenue in Macau

Starting the Comeback

Gross gaming revenue in Macau declined for the third straight year, but the year ended with optimism as GGR for the final four months increased over the previous year. And all signs point to a strong rebound in 2017.

The brokerage firm of Sanford C. Bernstein Ltd. predicts that 2017 should grow by 8 percent, with 12 percent to 14 percent of that growth coming from mass and premium mass markets, and only 2 percent to 4 percent from the struggling VIP sector. VIP baccarat has fallen from about 65 percent of the market in 2013, Macau’s high-water point, to a little over 50 percent in 2016. Source for the GGR figures is the Gaming Inspection and Coordination Bureau of Macau, and all numbers are in billions of U.S. dollars.

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