Ausbo Su Shuhui expects Macau gaming industry VIP room business income will continue to decline

Ausbo Su Shuhui

Su Shuhui, Vice Chairman, Executive Director and Chief Executive Officer of SJM Holdings (0880), pointed out in an interview with the Macau media that the development of Hong Kong affects travelers to Hong Kong and those who travel to Macau via Hong Kong to change their itineraries. 30%.

He pointed out that as of October this year, the overall gaming revenue has performed well. It is expected that the annual gambling revenue will reach 300 billion patacas, which will be flat throughout the year. If the gambling revenue in November can reach the same level year-on-year, I am quite happy.

He also pointed out that the midfield business has not been affected, but the VIP room has fallen significantly, and it is expected that the VIP room revenue will decline and will continue for a while. If the proportion of the mass market business is improved and there is better performance, it is believed to have a positive impact on the profitability of gaming companies.