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Cambodian VIP revenue growth leads world market


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Cambodia is expected to lead the globe in terms of VIP gaming revenue growth as a percentage this year, according to a new report issued by US investment bank Morgan Stanley.

The report projects that Cambodian casinos will post a 39 per cent increase in 2016 VIP proceeds, noting that global casino VIP revenue recorded its first quarter-on-quarter growth in Q1 this year following eight consecutive quarterly declines.

While it projected that Macau would continue to have negative growth, Cambodia alone – which reported a 174 per cent increase in first-quarter growth at a total of $81 million – helped buoy global VIP revenue performance predictions.

read more http://www.phnompenhpost.com/business/cambodian-vip-revenue-growth-leads-world-market

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