May 21, 2014 Newsdesk Latest News, Macau, Top of the deck  
Galaxy Entertainment Group Ltd’s addition of two new VIP rooms at its Galaxy Macau property on Cotai is likely to help the casino operator “outpace” the rest of the market on VIP baccarat revenue growth said Union Gaming Research Macau Ltd in a note.
The research house said that was in the context of “some of its [Galaxy’s] peer group seemingly placing a slightly lower focus on VIP lately”.
Gamal Aziz, president of Wynn Macau Ltd, told GGRAsia on the sidelines of the opening session of Global Gaming Expo (G2E) Asia 2014 that premium mass players – that theoretically offer superior margins to the house compared to credit-based high rollers – were now being courted more assiduously by his company, via perks traditionally reserved for VIPs including complimentary rooms.
Union Gaming said in its note today that Galaxy Macau’s two new VIP rooms were opened in April. GEG reported yesterday that its gaming revenue was up 33 percent year-on-year and seven percent sequentially in the first quarter of 2014.
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A committee of the Thai National Assembly looking at the issue of casino resorts for that nation has suggested it could be viable to have five, spread across the country, as localised drivers of...
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"There is still no clarity about when border easing for Macau will occur. In the end these changes are needed to see a rebound for Macau business"
Vitaly Umansky, Louis Li and Shirley Yang
Analysts at brokerage Sanford C. Bernstein