The figures have been driven by the return of VIP gamblers. JPMorgan believes the VIP segment grew 27 % last month and 19 % in February, outstripping mass growth of 10 % and 16 % respectively.
Union Gaming’s Grant Govertsen said: "While a detailed breakdown of GGR for first quarter 2017 won’t be available for another two weeks, we estimate that VIP GGR likely grew at a rate of 22 % to 25% during March, and mass continues to grow in the low double digits or low teens.”
Analysts Carlo Santarelli and Danny Valoy stated: "The second quarter has been softer than the first quarter over the last three years from an absolute dollar GGR perspective. We expect the negative delta to narrow in 2017 and are projecting just a four per cent sequential slowdown.”
Source: GMB / G3 Newswire
