casino eventsThe infrastructure drastically cutsriver spirit casino poker tournaments automobile travel time between the two Special Administrative Regions (SARs) from around four hours to just 30 minutes.The mass market is fueling gross gaming revenue (GGR) in the word’s richest gaming hub. But Macau casino win is still down nearly two percent in 2019 – GGR totaling .5 billion through eight months.Mass Market GrowingFollowing China President Xi Jinping’s crackdown on VIP junket groups in recent years, Macau’s six licensed giants have given more attention to the general public. While the high roller remains a critical component to the overall health of the gaming industry, the mass player is now playing a vital role.However, for that to continue, Macau needs more hotel rooms. encore casino clubThe influx of travelers and dignitaries – which is expected to include Xi – will occupy casino hotel rooms, but not necessarily casino floors.Morgan Stanley has reduced its GGR outlook for Macau to -3 percent in both the 2019 and 2020 fiscal years.“Our concerns include slower premium mass business (based on commentary by various operators, including Sands China and Wynn Macau), as well as slower growth in room nights sold, owing to delays in new hotel openings,” Morgan Stanley analysts Praveen Choudhary and Thomas Allen said in their note.Former Nevada Gov. A weakening Chinese economy paired with the ongoing trade war between the People’s Republic and United States has cast uncertainty across the region.It isn’t expected to end well.Gaming analysts are forecasting a slow October and November, and the enclave’s 20th anniversary celebration of being returned from Portugal to China isn’t expected to help boost the year in terms of GGR. free casino slots las vegas

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