The Chinese president arrived at Macau to inaugurate the new government.<\/p>\n\n\n\n\n\n\n\n
Macau.- Chinese President\u2019s Xi Jinping visited Macau today for the 20th anniversary ceremonies of the transfer of administration from Portugal to China and to inaugurate the new government of the region. The visit could compound the losses in casino revenues in the end of the year, according to analysts.<\/p>\n\n\n\n
For David Green, Xi Jinping\u2019s trip to Macau could have a negative impact on Macau\u2019s VIP segment: \u201cI don\u2019t think visa restrictions alone have a material impact on the game\u2019s gross revenue. What can really have an impact, however, is the biggest concern about the growing vigilance and active policing, whether by preparation while the President is in Macao and even in the aftermath of the visit\u201d, he explained.<\/p>\n\n\n\n
\u201cSome high value players may prefer to be left out during this period rather than being seen playing actively\u201d, added, and said that \u201cit\u2019s not the number of visitors that determines what happens to the game\u2019s gross revenue, but its value as players\u201d.<\/p>\n\n\n\n
Portuguese gambling lawyer Pedro Cort\u00e9s supports the idea of \u200b\u200bDavid Green. \u201cI completely agree. The same thing happened in 2014, when [Xi Jinping] came to Macau”, said Portuguese analyst. \u201cAll security measures in place push not only the mass market, but above all VIP players,\u201d he added, and explained: \u201cThe VIP player is not very fond of being identified and, in these circumstances, not because he is committing any illegality, but because he values \u200b\u200bhis privacy and is discreet in nature, it is natural to avoid traveling to Macau\u201d .
<\/p>\n","protected":false},"excerpt":{"rendered":"
The Chinese president arrived at Macau to inaugurate the new government.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Chinese President Xi Jinping's visit to Macau for the 20th anniversary of its transfer to China and the inauguration of the new government is anticipated to negatively impact the region's casino gross gaming revenue (GGR), particularly within the high-value VIP segment. Analysts suggest increased security and policing during the visit will deter VIP players, who prioritize privacy, from active participation, echoing similar revenue declines observed during his 2014 visit.","focusai_entities":"Xi Jinping, David Green, Pedro Cort\u00e9s","focusai_location":"Macau, China, Portugal","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.7), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Impact","query":"What is the estimated GGR contraction for Macau's VIP segment during the period of heightened vigilance, and how does this compare to the financial impact observed during President Xi Jinping's 2014 visit?"},{"label":"Operator Mitigation Strategies","query":"How are Macau's concessionaires adapting their high-roller acquisition and retention strategies to address the demonstrated sensitivity of VIP players to increased surveillance and privacy concerns?"}],"footnotes":""},"categories":[160,28,16338,163],"tags":[227,512,257],"class_list":["post-1757","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-east-asia-news","category-finance-news","tag-china","tag-gaming","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=1757"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1757\/revisions"}],"predecessor-version":[{"id":1785,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1757\/revisions\/1785"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=1757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=1757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=1757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}