The demand for VIP sites in casinos is growing rapidly. The official statistics show that the market has increased 27% in comparison to the last year. The difference lies in the numbers: the VIP segment has increased by 17%, while the general market has only increased by 8percent. GlobalMarket Advisors partner Brendan Bussmann states that this rate of growth isn’t viable. “China is still not completely free of political restrictions , and is unlikely to lead the surge in gaming in Las Vegas any time soon,” he notes.

It’s clear that China isn’t interested in its VIP funds to go to any other place. Even though the DICJ does not set a limit on the market’s size it doesn’t want it to surpass 14 billion dollars. In the year 2018, Macau won $36 billion which is five times more than Las Vegas Strip. Then again, in 2019, Macau had its worst year for 13 months, earning just one-fifth of the money it earned in the previous year.

While Macau’s economy is booming this year, it remains dependent on the large market to sustain its casino business. The government’s crackdown on corruption has weakened the market for VIPs and locals have spoken out against Chinese tourists. However, the authorities have declared that they prefer to be able to attract quality visitors rather than huge amounts of tourists. Casinos do not have the infrastructure needed to manage the alternative players. The casino VIP market is the key to Macau’s recovery.

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