{"id":5069,"date":"2022-03-09T11:39:41","date_gmt":"2022-03-09T11:39:41","guid":{"rendered":"https:\/\/www.top10casinowebsites.net\/news\/?p=5069"},"modified":"2022-03-09T11:39:41","modified_gmt":"2022-03-09T11:39:41","slug":"macaus-mass-market-gamblers-to-generate-75-total-gross-gambling-revenue-by-2025","status":"publish","type":"post","link":"https:\/\/www.top10casinowebsites.net\/news\/macaus-mass-market-gamblers-to-generate-75-total-gross-gambling-revenue-by-2025\/","title":{"rendered":"Macau\u2019s Mass Market Gamblers To Generate 75% GGR By 2025?"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.top10casinowebsites.net\/wp-content\/uploads\/2016\/03\/macau-casinos.jpg\" alt=\"Macau Casinos\" title=\"Macau\u2019s Mass Market Gamblers To Generate 75% GGR By 2025?\" width=\"300\" class=\"alignright size-medium\" \/><strong>Summary<\/strong><\/p>\n<ul>\n<li>Macau VIP segment will not return anytime soon<\/li>\n<li>Mass market should generated 75% GGR by 2025<\/li>\n<li>Mass market GGR will be determined by multiple factors<\/li>\n<\/ul>\n<p>Almost <strong>75% of Macau\u2019s total gross gambling revenue (GGR) will be generated from its mass market by 2025<\/strong>. Analysts opine that the mass market will fill the void left behind by lost VIP operations through more gambling expenditure per visitor, more rooms, and lengthier stays.<\/p>\n<h2>Casino Concessionaires Register Losses Post Chau\u2019s Arrest<\/h2>\n<p>January 2022 saw Macau\u2019s casino concessionaires register their results for the calendar year 2021. Despite the differences between the results, the incurred losses from the <a href=\"https:\/\/www.top10casinowebsites.net\/news\/macau-operators-cutting-ties-with-junkets-as-wynn-macau-announces-full-closure\/\">decline of junkets in Macau after the arrest of casino mogul Alvin Chau<\/a> were a common theme.<\/p>\n<p>Out of the six casino operators, four had suspended their agreements with junkets in Macau, after Chau\u2019s arrest in late 2021. The operators formed a part of the rolling-chip fueled segment in the gambling industry that accounted for almost 30 percent of GGR in 2019. Heavy scrutiny and restrictions on gaming promoters after Chau\u2019s arrest induced a decline in revenues, operators like <strong>MGM China<\/strong> noted.<\/p>\n<p>2NT8 analyst <strong>Alidad Tash<\/strong> said that filling the $11 billion void left behind by junkets by other segments would depend on if China prohibits punters from entering Macau. Currently, there are rumors of China slowing down individual visit scheme (IVS) visas for Macau coupled with its <a href=\"https:\/\/www.top10casinowebsites.net\/news\/china-reports-decline-in-cross-border-gambling-activity\/\">crackdown on illicit money flows<\/a>. Non-junkets need to grow by 5 percent since the GGR from junkets has already been transferred to the premium segment. For overall GGR to bounce back to pre-pandemic levels, the non-junket segment might be able to do so by 2029.<\/p>\n<p><strong>Eric Coskun<\/strong> of IGamiX Management and Consulting projected a similar analysis. Coskun said that the VIP segment will not return to its 2013-14 levels and that junkets will adopt their older, rolling commission model again. He speculated that Macau GGR will reach only $32 billion in 2025, compared to $36.1 billion GGR in 2019.<\/p>\n<h2>Analysts Divided on Macau\u2019s Ability to Support Mass Segment<\/h2>\n<p>Tash was optimistic about Macau\u2019s ability to support its mass segment given that more investment was aimed at fostering tourism in the city. He said that Melco and <a href=\"https:\/\/www.top10casinowebsites.net\/news\/galaxy-entertainment-says-galaxy-macau-phase-3-opening-likely-in-early-2023\/\">Galaxy\u2019s expansion<\/a> would add 5,000 more hotel rooms to Macau\u2019s room supply which will amply support the increase required from its mass segment.<\/p>\n<p>Coskun said that while tourism will return to the pre-pandemic mark of 40 million visitors annually, gaming spending per capita will hover around $800-$900 per customer, lower than the average of $1,500 in 2013-14. He said that Macau would need to build about 15,000 rooms in the 2 or 3-star range as mass-market visitors book rooms in Zhuhai due to insufficient and high-end accommodation in Macau. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Summary Macau VIP segment will not return anytime soon Mass market should generated 75% GGR by 2025 Mass market GGR will be determined by multiple factors Almost 75% of Macau\u2019s total gross gambling revenue (GGR) will be generated from its mass market by 2025. Analysts opine that the mass market will fill the void left [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-5069","post","type-post","status-publish","format-standard","hentry","category-industry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Macau\u2019s Mass Market Gamblers To Generate 75% GGR By 2025?<\/title>\n<meta name=\"description\" content=\"Almost 75% of Macau\u2019s total gross gambling revenue (GGR) will be generated from its mass market by 2025.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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