ended its quarantine policy<\/a> pertaining to travelers arriving from Macau. That’s important, because Guangdong accounts for 30 percent of mass market and 15 percent of VIP GGR, according to Bernstein<\/strong>.<\/p>\nOn the Horizon<\/h2>\n
Currently, travelers from across mainland China can enter Macau. However, with IVS issuance halted, returning home is the issue. Compounding the gaming hubs woes is that Beijing is freezing IVS permits for individuals and tour groups.<\/p>\n
Additionally, Hong Kong is experiencing a major uptick in coronavirus cases. For the two weeks ending July 27, 1,163 new cases appeared in that SAR, and authorities said the origins of nearly 500 couldn’t be traced.<\/p>\n
That’s relevant to Macau’s rebound aspirations because, after Guangdong, Hong Kong is the second-largest feeder market to the gaming mecca<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"Macau’s hopes to rejuvenate its ailing gaming industry lie more with mass market gamblers than high rollers. That could be a positive over the long-term, but presents challenges at a time when travel to the gaming center is still limited, according to analysts. A new report by research firm Bernstein highlights the importance of ordinary […]<\/p>\n","protected":false},"author":46,"featured_media":143083,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,62],"tags":[],"acf":[],"yoast_head":"\n
Macau Needs Mass Market Gamblers to Return ASAP<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n