The Ashes

Technology, Science and other news
June 7, 2011

VIP baccarat dominating Macau

Posted by : admin
Filed under : General

Baccarat is still on its steady rise in Macau. Since the gambling monopoly expired in the Asian gambling enclave, Macau has overtaken Las Vegas in terms of gambling revenues and the by far most earning game is VIP baccarat, in other words, baccarat played by affluent casino patrons. Although experts are warning casino operators about possible volatility of this market due to its dependence on a single group of players, casinos’ profits are still increasing. VIP baccarat currently accounts for over 70 percent of casino revenues locally, with middle class baccarat not falling too far behind. Another game bringing in more and more money is the slot machine, too. U.S. based Wynn Resorts who opened a branch of their business in Macau are expected to report triple their 2010 profit this year.

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