From Macau Daily Times – Despite the Macao Monetary Authority’s earlier revelation that the VIP segment is losing its share to the mass market, the Chief Executive Officer of SJM (Sociedade de Jogos de Macau) pointed out that the transition to the mass gaming market is a trend.
Speaking on the sidelines of a graduation ceremony, veteran casino operator and SJM CEO Dr. Ambrose So said that local economic growth could not be judged based on the figures of the past few months alone. Instead, he is optimistic about development prospects in the long run.
The Monetary Authority stated in a July research report that the VIP sector’s share in gaming revenue dropped to 68 percent in the first quarter of this year, from a peak of 74 percent in the second quarter of 2011.
Our Most Recent Gambling Headlines:
2026-03-13
The management of Rio Las Vegas has announced the official return of live keno to its casino floor, marking a significant step in the ongoing revitalization of the off-Strip resort....
2026-03-12
NetGaming has officially expanded its portfolio with the release of Shamrock Trio Hold & Respin, a new Irish themed slot game that focuses on a multifaceted bonus system. The game...
2026-03-11
Two United States senators have introduced a new legislative measure titled the End Prediction Markets Corruption Act aimed at preventing federal officials from participating in event based trading. Senators Jeff...
2026-03-10
Tired of paying Las Vegas resort fees of up to $55 a day? Fees for things that you probably aren't using anyways? Well, This Week in Gambling, we're looking at...
2026-03-09
Habanero has announced the launch of its latest slot title Safari Rumble which takes players on a journey into the heart of the African wilderness. This high energy release follows...
2026-03-06
Flutter Entertainment has officially confirmed that its PokerStars brand will be integrated into the FanDuel platform in North America. This strategic move marks a significant shift for the online gaming...
