Competition in the local gaming industry is getting tougher as gaming operators are upgrading their facilities and new infrastructure is taking shape, so the winning formula is to strike the right balance between high-end and mass-market customers, Bloomberg Intelligence Global Lodging and Asia Gaming Analyst Margaret Huang said yesterday.
Huang made the remarks as she gave a presentation on Macau’s gaming industry trends during a Global Gaming Expo (G2E Asia) press conference at Galaxy’s Ritz Carlton Hotel. The expo will take place at the Venetian on May 15-17.
Huang said that Macau’s gaming market shows signs of recovery with revenue growth in the VIP market last year after it had scored low in 2016, which led operators to step up their game to get a bigger share of the VIP segment.
Bloomberg Intelligence Global Lodging and Asia Gaming Analyst Margaret Huang speaks to reporters after the Global Gaming Expo (G2E Asia) press conference at Galaxy’s Ritz Carlton Hotel yesterday. Photo: Monica Leong