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9 percent average, a substantial amount of gaming and tourism growth is required to support the expanding market. The Macau casino industry has largely depended on the citizens of China for its main revenue stream. But most of those visitors have also come from a select few parts of the country, or what are termed the “tier-one” cities of Shanghai and Beijing. black oak casino mill Continued growth and development in lower-tier Chinese cities like Chongqing could fuel continued growth for Macau’s casinos. (Image: Ming Chen)Now, as reported in GGRAsia, analysts are saying that could all change in the next few years, as more of the Asian country’s citizens outside of the largest and wealthiest cities find their way to the gambling hub for fun and entertainment. free online slots with bonus rounds According to a research report released by Morgan Stanley, Macau’s casinos are likely to benefit from a growing number of Chinese visitors from “lower-tier” cities.

Essentially, that means all cities outside of Beijing and Shanghai. draftkings casino terms and conditions Wynn Las Vegas App Vxsv Already Inbound PlayersThe evaluation of these smaller cities is based on a number of different factors, including infrastructure, transportation systems, and economic development, as well as their cultural and historical significance within China. According to the information compilb.c. casinos reopening dateed by Morgan Stanley, lower-tier cities already send a fair number of customers to Macau, but they could make up a bigger slice of the pie going forward. “We estimate more than half of the 20 million Chinese visitor arrivals in Macau in 2016 came from lower-tier cities,” the report read. harrah s.cherokee casino “This will be further supported by improving transportation infrastructure, increasing hotel room supply, and growing outbound tourism from China.

”The nearby Guangdong province is a major supplier of visitors to Macau, with Morgan Stanley saying the market penetration there for the casino industry stands at 11. 9 percent. Throw in the travel directly from Shanghai and Beijing, and that accounts for about half of Chinese visitation to the territory alone. Narrowing the Gap Tier-two cities like Chongqing do produce some gamblers for Macau, but not at the rate of Shanghai and Beijing. bicycle casino hotel phone number free slots dancing drums But as these locations continue to develop in