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Home > Casino in Macao: High-growth rates recorded!
Casino in Macao: High-growth rates recorded!
Friday, 23 May 2014
Macao is considered to be one of the fast-growing casino cities in China whose healthy financial system and development echo everywhere. Last April, this world capital of casino games has recorded a high growth rate of 10.6 % to $ 3.9 billion in its business revenues. According to Cameron McKnight and Wells Fargo Securities analysis, this growth will undergo a slowdown in the years ahead. Wells Fargo Securities monitors the prize title owners in the Macao casino earned for an assessment in the US Stock markets.

Actually several gambling giants are already listed on the US stock markets: ranging from Las Vegas Sands, Wynn Resorts to Melco Crown Entertainment as well as MGM Resorts International. Other legit gambling operators in Macao like Galaxy Entertainment Group and SJM Holdings are now listed on Hong Kong’s stock exchange. McKnight believes that credit growth is a favorable indicator for VIP casino market. Based on reliable technical analysis, Macao casino-goers are gamblers with high purchase power and they don’t care about casino sign up bonus. Needless to say, the residents’ average income in here is $ 13,000.

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