High Rollers (VIP) whales
ab25 The VIP gaming landscape in Macau painted a complex picture in 2024, marked by a significant overall resurgence in both rolling chip volume and revenue compared to the pandemic-stricken years prior. However, a closer look at the year reveals a tale of two distinct halves, with initial strong growth moderating as the year progressed and showcasing varied performances among the six concessionaires. According to data published by Deutsche Bank analysts, a clear year-on-year increase in VIP RC Volume and VIP Revenue for all six operators in 2024, a recovery of Macau’s VIP gaming sector at a time when the sector has seen the number of licensed promoters reach an all-time low. According to the latest figures from the Gaming Inspection and Coordination Bureau (DICJ), the count of licensed junkets in Macau reached 23 in December, a rise from 18 at the start of 2024. However, this figure is a decline from the 36 licensed junkets in 2023 and a significant drop from the peak of 235 junkets i...