{"id":27160,"date":"2022-02-10T11:35:59","date_gmt":"2022-02-10T14:35:59","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=27160"},"modified":"2026-04-23T11:25:10","modified_gmt":"2026-04-23T14:25:10","slug":"mgm-china-mass-market-gaming-tables-reached-85-of-pre-pandemic-levels-in-cny","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/mgm-china-mass-market-gaming-tables-reached-85-of-pre-pandemic-levels-in-cny","title":{"rendered":"MGM China mass-market gaming tables reached 85% of pre-pandemic levels in CNY"},"content":{"rendered":"\n

MGM China Holdings has reported that its table drop in the mass-market segment reached 85 per cent of pre-pandemic levels during the Chinese New Year holiday period.<\/p>\n\n\n\n\n\n\n\n

Macau.- While sharing its financial results for 2021, Hubert Wang, MGM China president and chief operating officer<\/strong>, revealed that the casino operator saw its table drop in the mass-market segment reach 85 per cent of pre-pandemic levels during the Chinese New Year holiday period.<\/p>\n\n\n\n

Wang also confirmed plans to reallocate resources from the VIP business to the mass market “in the coming quarters.” He added the Macau market continued to rebound and the recovery was “driven by the mass market”<\/strong> but acknowledged that travel restrictions prevent more meaningful growth.<\/p>\n\n\n\n

He said that MGM China was focusing on growing its mass-market business and “grabbing” former junkets as much as possible to convert them into internal clients.<\/p>\n\n\n\n

Wang stated: \u201cI think that all the junkets in the traditional sense have ceased operations in Macau, so the players and agents who worked for the previous junkets are trying to find a place to settle down.\u201d <\/p>\n\n\n\n

Several casino operators have announced that they have ceased all arrangements with gaming promoters after the arrests of\u00a0Alvin Chau<\/a>\u00a0and\u00a0Levo Chan Weng Lin<\/a>, the heads of\u00a0Suncity Group Holdings and Tak Chun Group<\/strong>, two of the city\u2019s largest junket groups.<\/p>\n\n\n\n

Sanford C. Bernstein Ltd has reported that Macau\u2019s gross gaming revenue (GGR)<\/a> for the Chinese New Year period was up 60 per cent when compared to 2021. Meanwhile, authorities have revealed that average daily tourist arrivals were up 25.4 per cent year-on-year to 16,242 visitors.<\/p>\n","protected":false},"excerpt":{"rendered":"

MGM China Holdings has reported that its table drop in the mass-market segment reached 85 per cent of pre-pandemic levels during the Chinese New Year holiday period.<\/p>\n","protected":false},"author":176,"featured_media":17023,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"MGM China Holdings reports its mass-market table drop reached 85% of pre-pandemic levels during the Chinese New Year, signaling a robust recovery driven by the mass segment. The company plans to reallocate resources from VIP to mass market, actively converting former junket clients following the cessation of traditional junket operations in Macau. This strategic pivot aligns with broader market trends and regulatory enforcement.","focusai_entities":"MGM China Holdings, Hubert Wang, Suncity Group Holdings, Tak Chun Group, Alvin Chau, Levo Chan Weng Lin, Sanford C. Bernstein Ltd","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.85), operator_casino (0.95), marketing_crm (0.75), payments_fraud_aml (0.7), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Mass Market Sustainability?","query":"What are the long-term projections for mass-market GGR growth in Macau, considering ongoing travel restrictions and the complete cessation of traditional junket operations?"},{"label":"Junket Client Conversion ROI?","query":"What is the anticipated return on investment and operational cost associated with converting former junket-affiliated players into direct mass-market clients, particularly concerning compliance and marketing expenditures?"}],"footnotes":""},"categories":[157,16338],"tags":[23906,1618],"class_list":["post-27160","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos","tag-mgm-china"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27160","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=27160"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27160\/revisions"}],"predecessor-version":[{"id":27179,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27160\/revisions\/27179"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17023"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=27160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=27160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=27160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}