VIPs Are Back in Control in Macau

VIPs Are Back in Control in Macau

The same forces that drove a massive decline in Macau's gaming revenue a few years ago are driving the region's recovery in 2017.  Chinese VIP baccarat players, who shunned the region from 2014 to 2016, are slowly making their way back to its gaming tables. 

How this return of the VIPs will impact casino operators will vary significantly depending on the market's they're catering to. Wynn Resorts' (NASDAQ: WYNN) focus on the high-end player is paying off compared to the mass market appeal of Las Vegas Sands' (NYSE: LVS) properties. 

Image source: Las Vegas Sands.

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Source: Fool.com