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Las Vegas Sands Corporation seems to have stopped reporting breakout numbers but we can look at 2012 for guidance.So let’s take a look at some numbers – specifically to compare the mass gaming market, which by all indicators should be shrinking, with the VIP, or “rolling chip” market.Here are the dismal numbers – The stocks of the six casino concessionaires in Macau saw an average drop of 40% in 2014....
And although all indications are that the rich are getting richer (precise numbers are impossible to come by because China’s elite do not disclose details to government statisticians) the top 1% are not the only contributors to the VIP tables. The jackpot reseeds at 2.We have to keep in mind the government motto of, “One Country Two Systems” because the money that flows into Macau comes from the mainland....
Some spaces also award a restart of the feature – the best of which is 100x total bet and restart.So let’s take a look at some numbers – specifically to compare the mass gaming market, which by all indicators should be shrinking, with the VIP, or “rolling chip” market. And although all indications are that the rich are getting richer (precise numbers are impossible to come by because China’s elite do not disclose details to government statisticians) the top 1% are not the only contributors to the VIP tables....
There is no virtual limit to how high it can go, but there is a practical limit as it is symbol driven – and this appears to be a true RTG “Aussie Slot” with static reel strips.Las Vegas Sands Corporation seems to have stopped reporting breakout numbers but we can look at 2012 for guidance. What’s really happening?To scan the blurbs, press releases, and anecdotal evidence about the latest numbers out of Macau one would get the impression that the Mainland has used its iron fist to put a squeeze on gambling junkets and that is the whole picture....
We have to keep in mind the government motto of, “One Country Two Systems” because the money that flows into Macau comes from the mainland. With a broader view we see that there may well be something more going on. But there is more to the picture....